Investing in Public Investment: An Index of Public Investment Efficiency

45 Pages Posted: 23 Feb 2011

See all articles by Annette J. Kyobe

Annette J. Kyobe

International Monetary Fund (IMF)

Jim Brumby

affiliation not provided to SSRN

Zac Mills

affiliation not provided to SSRN

Era Dabla-Norris

International Monetary Fund (IMF)

Chris Papageorgiou

International Monetary Fund (IMF) - Research Department

Date Written: February 2011

Abstract

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.

Keywords: Asset management, Financial management, Infrastructure, Low-income developing countries, Public investment

Suggested Citation

Kyobe, Annette J. and Brumby, Jim and Mills, Zac and Dabla-Norris, Era and Papageorgiou, Chris, Investing in Public Investment: An Index of Public Investment Efficiency (February 2011). IMF Working Papers, Vol. , pp. 1-44, 2011. Available at SSRN: https://ssrn.com/abstract=1767805

Annette J. Kyobe (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Jim Brumby

affiliation not provided to SSRN

No Address Available

Zac Mills

affiliation not provided to SSRN

No Address Available

Era Dabla-Norris

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Chris Papageorgiou

International Monetary Fund (IMF) - Research Department ( email )

700 19th Street NW
Washington, DC 20431
United States

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