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Investing in Public Investment
  • Language: en
  • Pages: 46

Investing in Public Investment

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.

OECD Programme on Sustainable Consumption and Production
  • Language: en
  • Pages: 60

OECD Programme on Sustainable Consumption and Production

  • Type: Book
  • -
  • Published: 1998
  • -
  • Publisher: Unknown

None

Pastoralists' Review
  • Language: en
  • Pages: 660

Pastoralists' Review

  • Type: Book
  • -
  • Published: 1965
  • -
  • Publisher: Unknown

None

OECD Working Papers
  • Language: en
  • Pages: 58

OECD Working Papers

  • Type: Book
  • -
  • Published: 1998
  • -
  • Publisher: Unknown

None

Annual Report
  • Language: en
  • Pages: 36

Annual Report

  • Type: Book
  • -
  • Published: 1988
  • -
  • Publisher: Unknown

None

Proceedings of the Louisiana Bar Association
  • Language: en
  • Pages: 604

Proceedings of the Louisiana Bar Association

  • Type: Book
  • -
  • Published: 1932
  • -
  • Publisher: Unknown

List of members in each volume.

The Mississippi Geographer
  • Language: en
  • Pages: 506

The Mississippi Geographer

  • Type: Book
  • -
  • Published: 1974
  • -
  • Publisher: Unknown

None

The Natural Death Handbook
  • Language: en
  • Pages: 386

The Natural Death Handbook

This book suggests ways to arrange a dignified death in harmony with nature. It advises on the practical needs of those dying, on how to organise inexpensive yet very personal funerals, and on the grieving process itself.

Commonwealth Government Directory
  • Language: en
  • Pages: 444

Commonwealth Government Directory

  • Type: Book
  • -
  • Published: 1992
  • -
  • Publisher: Unknown

None

On the Capacity to Absorb Public Investment: How Much is Too Much?
  • Language: en
  • Pages: 37

On the Capacity to Absorb Public Investment: How Much is Too Much?

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at the association between cost inflation and public investment in a large sample of road construction projects in developing countries. Consistent with the presence of absorptive capacity constraints, our results show a non-linear U-shaped relationship between public investment and project costs. Unit costs increase once public investment is close to 10% of GDP. This threshold is lower (about 7% of GDP) in countries with low investment efficiency and, in general, the effect of investment scaling up on costs is especially strong during investment booms.