Public Investment and Public-Private Partnerships

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, comp...

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Bibliographic Details
Main Author: Akitoby, Bernardin
Other Authors: Hemming, Richard, Schwartz, Gerd
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:Economic Issues
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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?
Physical Description:24 pages
ISBN:9781589064782