This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project ap

We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual increment to public capital and the amount

Public resources--if invested well in public infrastructure and services--can catalyze private and community e orts and unleash an inclusive growth and developm

This book discusses the rationale for correcting market prices in the evaluation of public investments. It also aims at covering techniques of project appraisal

This paper reports on findings from eight pilot country studies on public investment that were carried out during the second half of 2004. The pilot country stu