Making Public Investment More Efficient
The IMF report on infrastructure efficiency focusing on the quality of investment, instead of its volume, identified average inefficiencies in public investment processes of around 30 percent across countries, according to their estimates, better public investment management could increase investment expenditure by as much as two-thirds of the estimated additional needs.
IMF. 2015a. Making public investment more efficient. Staff Report. Washington, DC: International Monetary Fund. [#4671]