Economic Issues

Public Investment and Public-Private Partnerships

By Bernardin Akitoby, Gerd Schwartz, Richard Hemming

March 21, 2007

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Bernardin Akitoby, Gerd Schwartz, and Richard Hemming. Public Investment and Public-Private Partnerships, (USA: International Monetary Fund, 2007) accessed November 9, 2024, https://doi.org/10.5089/9781589064782.051

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Also available in: العربية, español, français, русский, 中文

Summary

Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is yes, how can they do so in a fiscally responsible manner? Are public-private partnerships a viable alternative?

Subject: Expenditure, Infrastructure, National accounts, Public debt, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Baltics, EI, Europe, Expenditure measure, Ghanaian authorities, Government, Government balance sheet, Government budget document, Government statistics, Infrastructure, Infrastructure investment, Investment, Managing Fiscal Risks in PPPs, PE investment, Public investment and public-private partnerships (PPP), Public investment spending

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Also available in Arabic, Chinese, French, Russian and Spanish.