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dc.contributor.authorNEMEH, Bassem
dc.contributor.authorMARENGO, Umberto
dc.contributor.authorCIARI, Lorenzo
dc.date.accessioned2024-04-16T13:57:03Z
dc.date.available2024-04-16T13:57:03Z
dc.date.issued2024
dc.identifier.isbn9789294665072
dc.identifier.issn2600-271X
dc.identifier.urihttps://hdl.handle.net/1814/76803
dc.description.abstractDevelopment finance institutions and international financial institutions are increasingly being asked to deliver ‘market-level impact’ through their operations. This paper explores how these institutions consider market effects in their impact assessment systems. We present the two dominant conceptualisations of market effects, narrow and broad, with the various channels used for their realisation. We discuss how these views intersect with those on market distortions and concessionality and outline how impact assessment systems handle market effects in practice. We conclude by arguing that institutions should be more considerate of broad market effects in their impact assessments.en
dc.description.sponsorshipFunded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Education and Culture Executive Agency (EACEA). Neither the European Union nor EACEA can be held responsible for them.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherEuropean University Instituteen
dc.relation.ispartofseriesEUIen
dc.relation.ispartofseriesSTGen
dc.relation.ispartofseriesPolicy Paperen
dc.relation.ispartofseries2024/11en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.titleMarket effects in development finance’s impact assessmenten
dc.typeOtheren
dc.identifier.doi10.2870/16082
dc.rights.licenseAttribution 4.0 International*


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Attribution 4.0 International
Except where otherwise noted, this item's license is described as Attribution 4.0 International