Other resources

Financial instruments under the European Structural and Investment Funds

This is the second year for the 2014-2020 programming period that the Commission has produced the summaries of data on the progress made in financing and implementing financial instruments supported by European Structural and Investment Funds (ESIF). The summaries are based on data reported by the managing authorities in accordance with Article 46 of Regulation (EU) No 1303/2013 of the European Parliament and of the Council (CPR).

EC summary of data on the progress made in financing and implementing financial engineering instruments

Final summary of data on the progress made in financing and implementing financial engineering instruments (FEIs) under the 2007-2013 Operational Programmes. As for the previous annual summaries, it has been scoped and prepared primarily on the basis of the data received from managing authorities in line with the requirements of Council Regulation (EC) No 1083/2006.

Work programme funding priorities for 2015 – European Union for employment and social innovation (EaSI)

The EU Programme for Employment and Social Innovation – EaSI1 – is established to contribute to the implementation of the Europe 2020 Strategy, including its headline targets, Integrated Guidelines and flagship initiatives, by providing financial support for the Union’s objectives in terms of promoting a high level of quality and sustainable employment, guaranteeing adequate and decent social protection, combating social exclusion and poverty and improving working conditions.

Trading off between value creation and value appropriation: the financial implications of shifts in strategic emphasis

Firms allocate their limited resources between two fundamental processes of creating value (i.e., innovating, pro- ducing, and delivering products to the market) and appropriating value (i.e., extracting profits in the marketplace). Although both value creation and value appropriation are required for achieving sustained competitive advantage, a firm has significant latitude in deciding the extent to which it emphasizes one over the other. What effect does strategic emphasis (i.e., emphasis on value creation versus value appropriation) have on firm’s financial perfor- mance?

The new microfinance handbook

The New Microfinance Handbook reflects the current frontier of our collective thinking and experience. It starts with the need to understand the demand side. Poor households in the informal economy are producers and consumers. They need access to the full range of financial services to generate income, build assets, smooth consumption, and manage risks. The global financial inclusion agenda recognizes these broader needs.