Documents & Reports
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Revisiting Public Investment Multipliers : Nonlinear Effects of the Business Cycle, Fiscal Space, Efficiency, and Capital Stock (English)
The paper examines the macroeconomic effects of public investment in emerging market and developing economies. To this end, the analysis develops a new measure of public investment shocks based on cyclically...
Document Type: Policy Research Working Paper Report No.: WPS10954 Document Date: October 22, 2024 Disclosure Status: Disclosed Author: Amat Adarov,Clements,Benedict,Jalles,João Tovar
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Public Investment Quality and Its Implications for Sovereign Risk and Debt Sustainability (English)
This paper introduces a novel index to measure public investment quality, utilizing the World Bank’s investment project performance data from 120 countries over 2000–21. After detailing the construction...
Document Type: Policy Research Working Paper Report No.: WPS10877 Document Date: August 21, 2024 Disclosure Status: Disclosed Author: Amat Adarov,Panizza,Ugo
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Medium-Term Expenditure Frameworks Revisited (English)
This study provides an updated look at Medium-Term Expenditure Frameworks (MTEFs). As the world is emerging from the COVID-19 pandemic, this study suggests that MTEFs responded to the dislocations of the...
Document Type: Report Report No.: 185579 Document Date: July 24, 2024 Disclosure Status: Disclosed Author: Ceren Ozer,Stotsky, Janet G.,Brumby, Jim,Joseph Paul Massad
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Official Documents- Administration Arrangement with the United Kingdom of Great Britain and Northern Ireland through the Foreign, Commonwealth and Development Office (FCDO) for TF073542 (English)
Document Type: Trust Fund Administrative Agreement Document Date: September 18, 2020 Disclosure Status: Disclosed Author: LEGKL
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Official Documents- Administration Arrangement with the United Kingdom Department for International Development (DFID) for TF073042 (English)
Document Type: Agreement Document Date: July 24, 2020 Disclosure Status: Disclosed Author: LEGKL
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Fiscal Space for Health in the Kyrgyz Republic : Background Report (English)
This report is organized into five chapters. Chapter one provides an estimate of the relative efficiency position of the Kyrgyz Republic based on its health outcomes and health expenditure. It is then...
Document Type: Report Report No.: AUS0001002 Document Date: May 21, 2019 Disclosure Status: Disclosed Author: Gaudin, Syvestre,Aguilar Rivera,Ana Milena,Nguyen,Ha Thi Hong
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Better Use of Capital to Deliver Sustainable Water Supply and Sanitation Services : Practical Examples and Suggested Next Steps (English)
The costs of meeting the SDG WASH targets will be several times higher than investment levels during the MDG era (2000–15). The immense scale of the financing gap calls for innovative solutions. In addition...
Document Type: Working Paper Report No.: 132263 Document Date: November 1, 2018 Disclosure Status: Disclosed Author: Kingdom,William D.,Lloyd Owen,David Aidan,Tremolet,Sophie Cecile Marie,Kayaga,Sam Mbaziira,Ikeda,Jonathan Kano
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Official Documents- Supplemental Letter from Public Enterprise Roads of Serbia Ref. Performance and Monitoring Indicators for Loan 8792-YF (Closing Package) (English)
Document Type: Side Letter Document Date: November 2, 2017 Disclosure Status: Disclosed Author: Lui,Lisa
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Chile - Public Expenditure Review (English)
This Public Expenditure Review was prepared by the World Bank upon request from the Ministryof Finance of Chile. It identifies measures to improve the efficiency of public spending in a relatively narrow...
Document Type: Public Expenditure Review Report No.: 106334 Document Date: December 16, 2016 Disclosure Status: Disclosed
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Official Documents- Supplemental Letter Ref. Performance Monitoring Indicators for TF0A1065 (English)
Document Type: Side Letter Document Date: October 27, 2015 Disclosure Status: Disclosed Author: Bo,Giovanni,Dwight David
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Official Documents- Financing Agreement for Credit 5462-ML and Grant H954-ML (Closing Package) (English)
Document Type: Financing Agreement Document Date: November 25, 2014 Disclosure Status: Disclosed Author: Costache,Ruxandra
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Bosnia and Herzegovina - Public expenditure and financial accountability assessment (PEFA) : Bosna i Hercegovina - Ocjena javnih rashoda i finansijske odgovornosti (PEFA) (Bahasa (Indonesian))
The fiscal system in Bosnia and Herzegovina (BiH) is highly decentralized, reflecting the provisions of the country’s constitution. The general government sector consists of four relatively autonomous...
Document Type: Working Paper Report No.: 82646 Document Date: September 1, 2014 Disclosure Status: Disclosed
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Official Documents- Recommendation of Statutory Committee for Credit 5462-ML and Grant H954-ML (Closing Package) (English)
Document Type: Statutory Committee Report Document Date: July 15, 2014 Disclosure Status: Disclosed Author: Costache,Ruxandra
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Key issues in public finance management (Russian)
This policy note is part of the World Bank's Programmatic Public Expenditure Review (PER) work program for FY2012-2014. The PER consists of a series of fiscal policy notes, which aim at providing the Government...
Document Type: Public Expenditure Review Report No.: 88050 Document Date: June 1, 2014 Disclosure Status: Disclosed Author: Aliev,Hassan,Bakanova,Marina,Kunicova,Jana,Mills,Zachary,Nummy,David Michael
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Capital expenditures and public investment management (Russian)
This policy note is part of the World Bank's Programmatic Public Expenditure Review (PER) work program for FY2012-2014. The PER consists of a series of fiscal policy notes, which aim at providing the Government...
Document Type: Public Expenditure Review Report No.: 89184 Document Date: June 1, 2014 Disclosure Status: Disclosed Author: Aliev,Hassan,Bakanova,Marina,Coulibaly,Karen Stephanie,Karimova,Dilshod,Lavado,Rouselle F.,Mantovani,Pier Francesco,Myroshnychenko,Yuriy,Nummy,David Michael,Qurbonova,Zuhro,Shcherbyna,Iryna,Sobirzoda,Ravshan,Sommer,Yarissa Lyngdoh
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Revising the 2005 GDP expenditure data : ninth regional coordinators meeting (May 20-21, 2013) (English)
After submitting gross domestic product (GDP) expenditure data for computing the final results of the 2005 international comparison program (ICP) round, many countries revised their data subsequently and...
Report No.: 90962 Document Date: May 21, 2013 Disclosure Status: Disclosed
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Macedonia, former Yugoslav Republic of - Monthly economic developments (English)
For the first time since 2009, the Macedonian economy was in 2012 back in recession, contracting by 0.3 percent. The recently published Q4 2012 growth numbers confirmed the weaker than expected growth...
Document Type: Working Paper Report No.: 108502 Document Date: March 29, 2013 Disclosure Status: Disclosed
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Public investment management in Latin America and the Caribbean : institutions under evolution (English)
Over recent decades many countries of the Latin America region have set up specialized processes and mechanisms for public investment management. Initially created as isolated systems, they are now being...
Document Type: Working Paper Report No.: 93357 Document Date: January 1, 2013 Disclosure Status: Disclosed Author: Frank,Jonas Manuel
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Georgia - Strengthening public finances, the social safety net, and competitiveness (English)
This Report Profile tells us about strengthening public finances, the social safety net, and competitiveness in Georgia. In 2008–09, Georgia was hit with the dual shocks of the August 2008 conflict with...
Document Type: Brief Report No.: 94141 Document Date: April 17, 2012 Disclosure Status: Disclosed
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Peru - Institutional Capacity for Sustainable Fiscal Decentralization Technical Assistance Project : restructuring (Vol. 1 of 2) : Main report (English)
The objectives of the Institutional Capacity for Sustainable Fiscal Decentralization Technical Assistance Project for Peru is to strengthen the public sector's capacity for implementing a sustainable fiscal...
Document Type: Project Paper Report No.: 56657 Document Date: October 7, 2010 Disclosure Status: Disclosed