Albino-War, Maria A; Cerovic, Svetlana; Grigoli, Francesco - International Monetary Fund (IMF) - 2014
in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters … costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room …Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil …