Efficiency gaps of public capital spending have been detrimental for economic growth in SSA in recent decades. Based on a novel database, the analysis founds that there is substantial scope to improve efficiency in SSA countries by around 50 percent and suggests that the improvement in public investment management practices could significantly reduce their “efficiency gap”.
Publication: The paper “Public Investment Efficiency in Sub-Saharan African countries: What Lies Ahead” will be posted here for downloading in May 2018 when it is published.
Reference: The IMF and Public Investment Management - Why Public Investment Matters
