Making the Most of Public Investment in MENA and CCA Oil Exporting Countries is popular PDF and ePub book, written by Ms.Maria A Albino-War in 2014-11-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Making the Most of Public Investment in MENA and CCA Oil Exporting Countries can be Read Online from any device for your convenience.
Making the Most of Public Investment in MENA and CCA Oil Exporting Countries Book PDF Summary
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.
Detail Book of Making the Most of Public Investment in MENA and CCA Oil Exporting Countries PDF
- Author : Ms.Maria A Albino-War
- Release : 12 November 2014
- Publisher : International Monetary Fund
- ISBN : 9781498311397
- Genre : Business & Economics
- Total Page : 33 pages
- Language : English
- PDF File Size : 19,5 Mb
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