On 7 June 2016, Claudia Gloazzo and Margaret Coughtrie presented the state of their PhD research on Financial Instruments in Cohesion policy.
Claudia Gloazzo outlined her PhD research design with regard to the role of governance in the performance of ESIF-cofunded Financial Instruments. This research takes a comparative perspective based on surveys and case studies in Italy, Germany and the UK and addresses the following question: What impact do different types of policy actors and the relations between them have on the performance of financial instruments?
Margaret Coughtrie presented her research on the use of ESIF-cofunded risk-capital in Scotland, providing a historical perspective and laying out methodological and data-related issues that will eventually allow assessing the performance of Scottish financial instruments, particularly regarding the initial goals of job creation and GDP growth.