IMF Working Papers Volume 2020 Issue 177: Strengthening Public Investment Management in the Eastern Caribbean Currency Union: Getting more bang for the dollar! (2020)

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Strengthening Public Investment Management in the Eastern Caribbean Currency Union: Getting more bang for the dollar!

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Mr. A. E. Wayne Mitchell

Mr. A. E. Wayne Mitchell
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Ann Marie Wickham

Ann Marie Wickhamnull

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Mr. Manuel Rosales Torres

Mr. Manuel Rosales Torres
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Series:: IMF Working Papers

Volume/Issue:: Volume 2020: Issue 177

Publication Date:: 28 Aug 2020

DOI:: https://doi.org/10.5089/9781513555003.001

ISBN:: 9781513555003

ISSN:: 1018-5941

Pages:: 41

Keywords:: WP; investment; ECCU country; cost; physical capital; ECCU member government; efficiency gap; investment planning; private sector; ICT system; government spending; ECCU member country; Infrastructure; Public investment and public-private partnerships (PPP); Public investment spending; Capital spending; Caribbean; Expenditure Efficiency; Public Investment Management

Legal-disclaimer:: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Series:: IMF Working Papers

Volume/Issue:: Volume 2020: Issue 177

Language:: English

Publication Date:: 28 Aug 2020

DOI:: https://doi.org/10.5089/9781513555003.001

ISBN:: 9781513555003

ISSN:: 1018-5941

Pages:: 41

Keywords:: WP; investment; ECCU country; cost; physical capital; ECCU member government; efficiency gap; investment planning; private sector; ICT system; government spending; ECCU member country; Infrastructure; Public investment and public-private partnerships (PPP); Public investment spending; Capital spending; Caribbean; Expenditure Efficiency; Public Investment Management

Legal-disclaimer:: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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The quality and stock of infrastructure vary widely across countries of the Eastern Carribbean Currency Union and are inadequate to achieve the desired higher growth and social development. Given relatively low investment rates in the region, one solution is to invest more. However this paper shows that governments can also narrow their infrastructure and service gaps significantly by improving expenditure efficiency and strengthening public investment management systems.

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IMF Working Papers

ISSN:: 1018-5941

Publisher:: International Monetary Fund

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