Procurement of Multilateral Banks in Europe: Italian Specificities and Policy Implications

Valentina Meliciani (), Luca Policino () and Roberto Urbani ()
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Valentina Meliciani: Luiss Guido Carli University
Luca Policino: OECD
Roberto Urbani: Luiss Guido Carli University

Chapter Chapter 10 in Rethinking Trade in an Age of Turbulence, 2026, pp 159-168 from Springer

Abstract: Abstract In an era marked by trade fragmentation, geopolitical tensions, and the reconfiguration of global value chains (GVCs), international public procurement by multilateral development banks represents a strategic channel through which firms engage in global markets. International public procurement by multilateral banks has consistently been a competitive market for Italian companies. Procurement is defined as the acquisition of goods, works, or services by a procuring entity, generally using public funds (World Bank, 2020). Beyond its administrative dimension, procurement funded by multilateral institutions plays a key role in shaping international production networks, influencing the geographic allocation of value added, and affecting firms’ integration into global markets. Objectives involve providing aid to the public sector, funding the establishment of businesses to enhance the single market’s functionality, and financing projects of shared interest among multiple member states (Artige & Nicolini 2013; Clifton et al., 2014).

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-032-28664-2_10

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DOI: 10.1007/978-3-032-28664-2_10

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