Investing in Public Investment: An Index of Public Investment Efficiency
Electronic Access:
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Summary:
This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and evaluation. Covering 71 countries, including 40 low-income countries, the index allows for benchmarking across regions and country groups and for nuanced policy-relevant analysis and identification of specific areas where reform efforts could be prioritized. Potential research venues are outlined.
Series:
Working Paper No. 2011/037
Subject:
Budget planning and preparation Capital budget Infrastructure Public investment and public-private partnerships (PPP) Public investment spending
English
Publication Date:
February 1, 2011
ISBN/ISSN:
9781455217892/1018-5941
Stock No:
WPIEA2011037
Pages:
44
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