Cover Public Investment and Public-Private Partnerships
Public Investment and Public-Private Partnerships
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Abstract

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?

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Author:
Mr. Bernardin Akitoby
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,
Mr. Gerd Schwartz
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, and
Mr. Richard Hemming
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Series:
Economic Issues
Publisher:
International Monetary Fund
Language:
Russian
Publication Date:
23 Aug 2007
DOI:
https://doi.org/10.5089/9781589065482.051
ISBN:
9781589065482
ISSN:
1020-8402
Pages:
31
Keywords:
EI; investment; government; Managing Fiscal Risks in PPPs; infrastructure investment; government balance sheet
Legal-disclaimer:
The views expressed here are those of the author(s) of this Economic Issues publication or of the original source materials and should not be attributed to or reported as representing the views of the International Monetary Fund, its Executive Board, or the governments of any IMF members.
Content-disclaimer:
This publication is available in PDF format only.
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