@article{10902/35127, year = {2024}, url = {https://hdl.handle.net/10902/35127}, abstract = {Europe´s financial architecture has long been criticized as fragmented, notably because its two main multilateral public banks, the European Investment Bank and the European Bank for Reconstruction and Development, have increasingly engaged in lending overlap. This overlap, it is assumed, creates inefficiencies and duplications, undermining the banks fulfilment of their missions. However, little is known about this overlap and its consequences. This article comparatively assesses the lending policy of both banks, while focusing on this overlap. It explains how and why bank lending policies initially led to uncoordinated lending overlap, but then shifted, ultimately moving towards a greater coordination of continued lending overlap}, organization = {Judith Clifton and David Howarth would like to thank the Fonds National de la Recherche Luxembourg for its f inancing of the research underpinning this article, associated with the project INTER/MOBILITY/2022/LE/ 17567353/REFA-2}, publisher = {Routledge, Taylor & Francis Group}, publisher = {Journal of Comparative Policy Analysis: Research and Practice, 2024, 1-19}, title = {Lending overlap in Europe´s financial architecture: a comparative analysis}, author = {Clifton, Judith and Díaz Fuentes, Daniel and Gómez Peña, Ana Lara and Howarth, David}, }