Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon ISBN: 9781498386043
Publisher: INTERNATIONAL MONETARY FUND Publication: November 13, 2014
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
ISBN: 9781498386043
Publisher: INTERNATIONAL MONETARY FUND
Publication: November 13, 2014
Imprint: INTERNATIONAL MONETARY FUND
Language: English

Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Conquering Fear of Floating--Australia's Successful Adaptation to a Flexible Exchange Rate by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book IMF-Supported Programs in Capital Account Crises: Design and Experience by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Public Enterprise in Mixed Economies: Some Macroeconomic Aspects by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Building Sound Finance in Emerging Market Economies: Proceedings of a Conference held in Washington, D.C., June 10-11, 1993 by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Stabilization Policies and Structural Reforms in Albania Since 1997--Achievements And Remaining Challenges by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Emerging Markets in Transition: Growth Prospects and Challenges by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Informal Funds Transfer Systems: An Analysis of the Informal Hawala System by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Regional Economic Outlook: Sub-Saharan African (October 2007) by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Interest Rate Liberalization and Money Market Development by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book A Manual on Statistics of International Trade in Services by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Sovereign Assets and Liabilities Management by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Finance & Development, December 1981 by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Accounting Devices and Fiscal Illusions by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Intraregional Trade in Emerging Asia by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
Cover of the book Poverty and Social Impact Analysis by the IMF: Review of Methodology and Selected Evidence by Maria Ms. Albino-War, Svetlana Ms. Cerovic, Francesco Grigoli, Juan Mr. Flores, Javier Mr. Kapsoli, Haonan Mr. Qu, Yahia Mr. Said, Bahrom Mr. Shukurov, Martin Sommer, SeokHyun Mr. Yoon
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy