Skip to main content
Open Book Publishers

11. Financing Structural Investment after 2027

  • Sophie Barbier (author)
  • Helmut von Glasenapp (author)
Chapter of: Investing in the Structural Transformation: 2024 European Public Investment Outlook(pp. 181–186)

Export Metadata

  • ONIX 3.1
  • ONIX 3.0
    • Thoth
    • Project MUSE
      Cannot generate record: No BIC or BISAC subject code
    • OAPEN
    • JSTOR
      Cannot generate record: No BISAC subject code
    • Google Books
      Cannot generate record: No BIC, BISAC or LCC subject code
    • OverDrive
      Cannot generate record: No priced EPUB or PDF URL
  • ONIX 2.1
  • CSV
  • JSON
  • OCLC KBART
  • BibTeX
  • CrossRef DOI deposit
    Cannot generate record: This work does not have any ISBNs
  • MARC 21 Record
    Cannot generate record: MARC records are not available for chapters
  • MARC 21 Markup
    Cannot generate record: MARC records are not available for chapters
  • MARC 21 XML
    Cannot generate record: MARC records are not available for chapters
Metadata
Title11. Financing Structural Investment after 2027
ContributorSophie Barbier (author)
Helmut von Glasenapp (author)
DOIhttps://doi.org/10.11647/obp.0434.12
Landing pagehttps://www.openbookpublishers.com/books/10.11647/obp.0434/chapters/10.11647/obp.0434.12
Licensehttps://creativecommons.org/licenses/by-nc/4.0/
CopyrightSophie Barbier; Helmut von Glasenapp;
PublisherOpen Book Publishers
Published on2024-12-11
Long abstractAn investment can be described as structural if it contributes to financing the structural transformation of the economy and thus making it sustainably competitive. Experience shows that private investments alone are not sufficient due to externalities associated with this type of investment. A mixed public and private financing method is essential and it will help to accelerate the transformation. The challenge of the next European Union (EU) Multiannual Financial Framework (“post-2027”) will be to promote the development of this f inancing method. In this respect, the European budget will have to rely on four pillars: prioritize and plan, activate expenditure, decentralize implementation and strengthen steering. It is on this basis that Europe will be able to finance its structural investments and achieve the structural transformation necessary to maintain and develop its long-term competitiveness within the framework of a new European Competitiveness Pact.
Page rangepp. 181–186
Print length6 pages
LanguageEnglish (Original)
Contributors

Sophie Barbier

(author)

Sophie Barbier is the Head of European Affairs at the French Caisse des Dépôts (CDC) Group. She graduated from the National School of Administration (ENA) and completed a Master’s degree in Economics from the Ecole Normale Supérieure de Cachan and Nanterre University. Previously, she worked at the Forecasting Department in the French Ministry for Finance and in the Asset-Liability Team in CDC. She is currently involved in the implementation of EU programs within CDC, such as the InvestEU program and the blending instrument under the Connecting Europe Facility.

Helmut von Glasenapp

(author)

Helmut von Glasenapp studied business administration in Germany, after an apprenticeship in banking. He gained his first business experience with Treuhandanstalt, the former privatization agency in the eastern part of Germany. In 1993 he joined KfW in the Berlin office. From 1997 until 2005, he invested on behalf of KfW in Venture Capital and Private Equity Funds and managed a part of the innovation financing division of KfW Frankfurt. In 2005 he was asked to assist the European Commission as a Seconded National Expert notably to prepare an Equity Promotional Programme for SMEs. In 2007 he continued in Brussels as head of the KfW Liaison Office to the European Union before he was appointed as member of the EU Task Force for Greece of the European Commission until 2015. He joined the Brussels based Secretariat General of the European Long Term Investors Association in 2016 and was elected as ELTI Secretary General in October 2016.

References
  1. Attali, B. (2022) “Investing for the Long Term, a Short-term Emergency (Some Food for Thought)”, Eltia, https://www.eltia.eu/images/20201210_texte_VF_EN_FINAL.pdf
  2. Attali, B. (2024) “Investing in the Future: Putting the Long Term at the Heart of our Decisions”, Report of the Commission, May, https://www.caissedesdepots.fr/en/news/investing-future-long-term-heart-decisions
  3. Confrontations Europe (2024) 30 idées pour 2030. Paris: Descartes et Cie.
  4. European Council (2024) “Conclusions”, April 17 and 18, https://www.consilium.europa.eu/media/m5jlwe0p/euco-conclusions-20240417-18-en.pdf
  5. European Long-Term Investors (2024) “Strategic Outlook—Activating the EU Budget for Long-term Needs”, Eltia, https://www.eltia.eu/images/2024_02_29_Strategic_outlook.pdf
  6. Letta, E. (2024) Much More Than a Market, https://www.consilium.europa.eu/media/ny3j24sm/much-more-than-a-market-report-by-enrico-letta.pdf
  7. Meade J. E. (1952) “External Economies and Diseconomies in a Competitive Situation”, The Economic Journal, 62(245): 54–67.