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

Author: Torres Manuel Rosales

Volume/Issue: Volume 2020 Issue 177

Publication date: August 2020

ISBN: 9781513555003

$18.00

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Topics covered in this book

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Business and Economics , Public Finance , 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

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Summary

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.