(Mobile library) The Power of Public Investment Management: Transforming Resources Into Assets for Growth (Directions in Development)






#2773290 in eBooks 2014-10-17 2014-10-17File Name: B00OPXSVE0

This timely book addresses a dilemma that has vexed the development community for decades: infrastructure investment is essential for socioeconomic progress, but many investments are wasteful andsome even retarddevelopment. The practical framework proposed by the book can be applied both to advancPublic resources - if invested well in public infrastructure and services - can catalyze private and community efforts and unleash an inclusive growth and development process. But public investment attracts political interest, usually of the kind that undermines efficiency. Too often public projects are poorly designed, under-funded, long-delayed, or badly implemented, with little benefit to the population. This is a critical challenge for many countries, both rich and poor. Paradoxically, s...


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