Description

This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and evaluation. Covering 71 countries, including 40 low-income countries, the index allows for benchmarking across regions and country groups and for nuanced policy-relevant analysis and identification of specific areas where reform efforts could be prioritized. Potential research venues are outlined.

More publications in this series: Working Papers

More publications by: Chris Papageorgiou ; Zac Mills ; Era Dabla-Norris ; Jim Brumby ; Annette Kyobe