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Public Investment and Public-Private Partnerships

Author

Listed:
  • Richard Hemming
  • Gerd Schwartz
  • Bernardin Akitoby

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?

Suggested Citation

  • Richard Hemming & Gerd Schwartz & Bernardin Akitoby, 2007. "Public Investment and Public-Private Partnerships," IMF Economic Issues 40, International Monetary Fund.
  • Handle: RePEc:imf:imfeci:40
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18456
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    Cited by:

    1. Anastasia Kireeva & Tatiana Tischenko & Ilya Sokolov & Elizaveta Khudko, 2012. "Public Private Partnership as an Instrument for Supporting Innovations," Published Papers 167, Gaidar Institute for Economic Policy, revised 2012.
    2. Metaxas, Theodore & Preza, Elisavet, 2012. "Public- Private Partnerships in Southeastern Europe: The case of Croatia," MPRA Paper 43830, University Library of Munich, Germany.
    3. Adeniyi, Adesoji, 2014. "Resource governance and the challenges of community development in the Nigerian bitumen belt," Resources Policy, Elsevier, vol. 40(C), pages 42-47.
    4. David Heald & George Georgiou, 2010. "Accounting for PPPs in a Converging World," Chapters,in: International Handbook on Public–Private Partnerships, chapter 11 Edward Elgar Publishing.

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