EPRC, together with the European Policy Centre, Brussels, is undertaking a study for the European Parliament on the implementation of financial instruments (FIs) in Cohesion policy during the 2007-13 period.
The study takes stock of existing knowledge on the operation of FIs as reflected in the academic literature and policy documents, as well as examining eight case studies.
A comparative analysis of the case studies, focusing on the different stages in the lifecycle of FIs, provides the basis on which to draw lessons from the implementation of FIs in 2007-13, highlighting implications for 2014-20.