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Fostering Sustainable Development: The Sector Investment Program

Author

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  • Okidegbe, N.

Abstract

Program-based approaches to providing development assistance, especially sector investment programs (SIPs), are receiving increased attention as donors and recipient countries search for effective instruments to foster sustainable development. A SIP is a long-term national program covering public expenditures in an entire sector, such as energy or telecommunications. This paper conveys the results of a World Bank task force assembled to examine the results of these programs. It describes the rationale and analytical basis for SIPs and the lessons learned through early implementation experience. The report argues that SIPs can have a greater development impact than free-standing projects because they holistically address the underlying conditions that may impede a project's effectiveness.

Suggested Citation

  • Okidegbe, N., 1997. "Fostering Sustainable Development: The Sector Investment Program," World Bank - Discussion Papers 363, World Bank.
    • Handle: RePEc:fth:wobadi:363
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    More about this item

    Keywords

    FISCAL POLICY ; FINANCIAL POLICY ; DEBT;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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