This publication consists of seven chapters: building a system for public investment management; a unified framework for public investment management; country experiences of public investment management;...
The report follows the diagnostic methodology as outlined in Rajaram et al. The diagnostics is based on interviews, a survey questionnaire with government officials, central statistical office (CSOs)...
Over the last two decades, Vietnam has made notable progress in reforming management of public investment. The legal framework on public investment management (PIM) has been continuously improved, covering...
China's transition from a planned to a market economy has required a fundamental change in the role of government in economic decisions. Progress in reforming public investment management (PIM) has been...
Why do politicians distort public investments? And given that public investments are poor, because presumably that is what is politically rational, what types of reforms are likely to be both Efficiency...
This chapter assesses the advances and challenges of public investment management (PIM) in Peru. A National Public Investment System was created parallel to other administrative systems and Budgeting reforms...
Over recent decades many countries of the Latin America region have set up specialized processes and mechanisms for public investment management. Initially created as isolated systems, they are now being...
Sierra Leone is a small, fragile, post-conflict state on the coast of West Africa. As a consequence, Sierra Leone was one of the largest beneficiaries of foreign aid as a share of gross domestic product...
The financial crisis that hit the Republic of Korea in the second half of 1997 had a devastating impact on its economy, causing the worst recession since the Korean War era. To address the fundamental...
As with any large scale governmental activity, there are always questions about how well a function is performed in accomplishing its manifold objectives: are decisions well informed, coordinated, and...
This chapter captures some of the Public Investment Management (PIM) lessons and experiences from Timor-Leste as it tried to meet urgent infrastructure demands in a post-conflict environment, which benefited...
Lagos State is one of the fastest growing metropolises in the world. Under the Governor’s Ten Point Agenda (TPA), Lagos State has made substantial progress in creating the basis for sustained growth by...
The report summarizes the findings of diagnostic studies of public investment management (PIM) processes in six Western Balkan countries. The key finding is that, except for externally financed investments...
The chapter offers concise diagnostics of the public investment management (PIM) system in Equatorial Guinea. It provides specific examples of how underperforming institutions throughout the investment...