PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES.:
There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-a-vis peers such as emerging and developing Asia as well as Latin America and the Caribbean, and the region's infrastructure is perceived as being...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Place of publication not identified],
INTERNATIONAL MONETARY FUND,
[2018]
|
Schriftenreihe: | Departmental Papers / Policy Papers; Working Paper ;
No. 18/183. |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-a-vis peers such as emerging and developing Asia as well as Latin America and the Caribbean, and the region's infrastructure is perceived as being of relatively low quality. Improving the efficiency of sizable investment programs in the region could contribute to more solid economic growth and help achieve desired social priorities and development goals. Results point to some variability in public investment efficiency within the region. Comparing efficiency scores across country groups suggests that investment efficiency in sub-Saharan African oil exporters tends to be lower than in sub-Saharan African non-resource-intensive countries. Additionally, countries in East African Community (EAC) perform better than those in Central African Economic and Monetary Community (CEMAC) and West African Economic and Monetary Union (WAEMU). Stronger institutions could foster more efficient public investment. The regression results in this paper show a positive correlation between public investment efficiency and the quality of institutions, suggesting that devel-oping stronger institutions in sub-Saharan Africa could lead to a significant improvement in investment efficiency. This is particularly relevant for coun-tries with weak institutional quality, where governments may use capital spending as a vehicle for rent-seeking, leading to inefficient spending. Given the current drive for scaling up investment in sub-Saharan Africa, the task of improving institutions quickly should become a priority. |
Beschreibung: | 1 online resource |
ISBN: | 1484366468 9781484366462 148436001X 9781484360019 |
Internformat
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520 | 3 | |a There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-a-vis peers such as emerging and developing Asia as well as Latin America and the Caribbean, and the region's infrastructure is perceived as being of relatively low quality. Improving the efficiency of sizable investment programs in the region could contribute to more solid economic growth and help achieve desired social priorities and development goals. Results point to some variability in public investment efficiency within the region. Comparing efficiency scores across country groups suggests that investment efficiency in sub-Saharan African oil exporters tends to be lower than in sub-Saharan African non-resource-intensive countries. Additionally, countries in East African Community (EAC) perform better than those in Central African Economic and Monetary Community (CEMAC) and West African Economic and Monetary Union (WAEMU). Stronger institutions could foster more efficient public investment. The regression results in this paper show a positive correlation between public investment efficiency and the quality of institutions, suggesting that devel-oping stronger institutions in sub-Saharan Africa could lead to a significant improvement in investment efficiency. This is particularly relevant for coun-tries with weak institutional quality, where governments may use capital spending as a vehicle for rent-seeking, leading to inefficient spending. Given the current drive for scaling up investment in sub-Saharan Africa, the task of improving institutions quickly should become a priority. | |
650 | 0 | |a Public investments |z Africa, Sub-Saharan. | |
650 | 0 | |a Bank loans |z Africa, Sub-Saharan. | |
650 | 0 | |a Economic development |z Africa, Sub-Saharan. | |
650 | 6 | |a Investissements publics |z Afrique subsaharienne. | |
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650 | 7 | |a Public investments |2 fast | |
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651 | 7 | |a Angola. |2 imf | |
651 | 7 | |a Benin. |2 imf | |
651 | 7 | |a Botswana. |2 imf | |
651 | 7 | |a Burkina Faso. |2 imf | |
651 | 7 | |a Burundi. |2 imf | |
700 | 1 | |a Vu, Ha. |0 http://id.loc.gov/authorities/names/no2016064269 | |
700 | 1 | |a Towfighian, Shirin Nikaein. |0 http://id.loc.gov/authorities/names/no2019088652 | |
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adam_text | |
any_adam_object | |
author | Barhoumi, Karim |
author2 | Vu, Ha Towfighian, Shirin Nikaein |
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author_GND | http://id.loc.gov/authorities/names/no2008143736 http://id.loc.gov/authorities/names/no2016064269 http://id.loc.gov/authorities/names/no2019088652 |
author_facet | Barhoumi, Karim Vu, Ha Towfighian, Shirin Nikaein |
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dewey-ones | 338 - Production |
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dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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geographic | Sub-Saharan Africa fast Angola. imf Benin. imf Botswana. imf Burkina Faso. imf Burundi. imf |
geographic_facet | Sub-Saharan Africa Angola. Benin. Botswana. Burkina Faso. Burundi. |
id | ZDB-4-EBA-on1049474557 |
illustrated | Not Illustrated |
indexdate | 2024-11-27T13:29:06Z |
institution | BVB |
isbn | 1484366468 9781484366462 148436001X 9781484360019 |
language | English |
oclc_num | 1049474557 |
open_access_boolean | |
owner | MAIN DE-863 DE-BY-FWS |
owner_facet | MAIN DE-863 DE-BY-FWS |
physical | 1 online resource |
psigel | ZDB-4-EBA |
publishDate | 2018 |
publishDateSearch | 2018 |
publishDateSort | 2018 |
publisher | INTERNATIONAL MONETARY FUND, |
record_format | marc |
series | Departmental Papers / Policy Papers; Working Paper ; |
series2 | Departmental Papers / Policy Papers |
spelling | Barhoumi, Karim. http://id.loc.gov/authorities/names/no2008143736 PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. [Place of publication not identified], INTERNATIONAL MONETARY FUND, [2018] 1 online resource text txt rdacontent computer c rdamedia online resource cr rdacarrier Departmental Papers / Policy Papers Online resource; title from PDF title page (EBSCO, viewed September 27, 2019). There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-a-vis peers such as emerging and developing Asia as well as Latin America and the Caribbean, and the region's infrastructure is perceived as being of relatively low quality. Improving the efficiency of sizable investment programs in the region could contribute to more solid economic growth and help achieve desired social priorities and development goals. Results point to some variability in public investment efficiency within the region. Comparing efficiency scores across country groups suggests that investment efficiency in sub-Saharan African oil exporters tends to be lower than in sub-Saharan African non-resource-intensive countries. Additionally, countries in East African Community (EAC) perform better than those in Central African Economic and Monetary Community (CEMAC) and West African Economic and Monetary Union (WAEMU). Stronger institutions could foster more efficient public investment. The regression results in this paper show a positive correlation between public investment efficiency and the quality of institutions, suggesting that devel-oping stronger institutions in sub-Saharan Africa could lead to a significant improvement in investment efficiency. This is particularly relevant for coun-tries with weak institutional quality, where governments may use capital spending as a vehicle for rent-seeking, leading to inefficient spending. Given the current drive for scaling up investment in sub-Saharan Africa, the task of improving institutions quickly should become a priority. Public investments Africa, Sub-Saharan. Bank loans Africa, Sub-Saharan. Economic development Africa, Sub-Saharan. Investissements publics Afrique subsaharienne. Prêts bancaires Afrique subsaharienne. Développement économique Afrique subsaharienne. Bank loans fast Economic development fast Public investments fast Sub-Saharan Africa fast Angola. imf Benin. imf Botswana. imf Burkina Faso. imf Burundi. imf Vu, Ha. http://id.loc.gov/authorities/names/no2016064269 Towfighian, Shirin Nikaein. http://id.loc.gov/authorities/names/no2019088652 has work: Public investment efficiency in Sub-Saharan African countries (Text) https://id.oclc.org/worldcat/entity/E39PCFCJXCJDY6vYmFJdWhFk6q https://id.oclc.org/worldcat/ontology/hasWork Print Version: Barhoumi, Karim Public Investment Efficiency in Sub-Saharan African Countries Washington, D.C. : International Monetary Fund,2018 9781484360019 Departmental Papers / Policy Papers; Working Paper ; No. 18/183. FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1872983 Volltext |
spellingShingle | Barhoumi, Karim PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. Departmental Papers / Policy Papers; Working Paper ; Public investments Africa, Sub-Saharan. Bank loans Africa, Sub-Saharan. Economic development Africa, Sub-Saharan. Investissements publics Afrique subsaharienne. Prêts bancaires Afrique subsaharienne. Développement économique Afrique subsaharienne. Bank loans fast Economic development fast Public investments fast |
title | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_auth | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_exact_search | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_full | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_fullStr | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_full_unstemmed | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_short | PUBLIC INVESTMENT EFFICIENCY IN SUB-SAHARAN AFRICAN COUNTRIES. |
title_sort | public investment efficiency in sub saharan african countries |
topic | Public investments Africa, Sub-Saharan. Bank loans Africa, Sub-Saharan. Economic development Africa, Sub-Saharan. Investissements publics Afrique subsaharienne. Prêts bancaires Afrique subsaharienne. Développement économique Afrique subsaharienne. Bank loans fast Economic development fast Public investments fast |
topic_facet | Public investments Africa, Sub-Saharan. Bank loans Africa, Sub-Saharan. Economic development Africa, Sub-Saharan. Investissements publics Afrique subsaharienne. Prêts bancaires Afrique subsaharienne. Développement économique Afrique subsaharienne. Bank loans Economic development Public investments Sub-Saharan Africa Angola. Benin. Botswana. Burkina Faso. Burundi. |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1872983 |
work_keys_str_mv | AT barhoumikarim publicinvestmentefficiencyinsubsaharanafricancountries AT vuha publicinvestmentefficiencyinsubsaharanafricancountries AT towfighianshirinnikaein publicinvestmentefficiencyinsubsaharanafricancountries |