Ban Presents on Transparency and Accountability of EIB
Cornel Ban, Assistant Professor of International Relations and Co-Director of the Global Economic Governance Initiative, presented at a recent conference held by Transparency International EU that coincided with the release of a report on transparency and accountability at the European Investment Bank (EIB).
The conference provided an opportunity to take a closer look at the transparency, integrity, and democratic accountability at the EIB, the European Union’s bank. With Member States squeezed by fiscal rules and no prospect of increased investment through the EU’s budget, the EIB has taken on a greater role in leveraging the EU funds via financial instruments. This has to come hand-in-hand with greater scrutiny of the lending activities of the EIB.
Ban, lead author of the report, presented the main findings of the report along with Leo Hoffmann-Axthelm, of Transparency International EU. Ban’s presentation was followed by a question and answer session.
The presentation was followed by a panel discussion of the main recommendations addressed to the EIB. Civil society organizations and stakeholders suggested their own recommendations to the EIB at the civil society roundtable, to finish the afternoon.
Before joining the Pardee School in 2012, Ban was a postdoctoral fellow at the Watson Institute for International Studies at Brown University and served as deputy director of Development Studies, an undergraduate specialization at the same academic institution. You can read more about him here.