This Approach Paper considers the role of public finance to build, protect and utilize human capital as countries seek to recover from the COVID-19 (coronavirus) crisis and lay a foundation for inclusive, resilient and sustainable development. The paper defines the problem in relation to human...

This approach paper considers the role of public finance to build, protect and utilize human capital as countries seek to recover from the Coronavirus disease 2019 (COVID-19) crisis and lay a foundation for inclusive, resilient and sustainable development. The paper defines the problem in...

The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices

Faced with a prolonged economic downturn and resulting fiscal constraints, the Government of Belarus is looking to increase the efficiency of public funds spent on public investment. As the total envelope on public capital spending is likely to stagnate or even decrease further in the coming...

Maximizing the benefits from public sector investments requires a clear, predictable, and transparent process informed by robust analyses that can facilitate multicriteria considerations of different options and alternatives. However, the tools available to governments to assess the costs and...

Vietnam's on-going reform program places emphasis on improving the efficiency of public investment in order to boost the country's economic performance, which remains highly dependent on factor accumulation. Despite the improvements introduced by the government in recent years, including the...

Philippine economic growth slowed to its lowest level in eight years, driven by a rapid deceleration in investment growth in the first half of 2019. GDP growth slowed from 6.3 percent year-on-year (yoy) in the first half of 2018 to 5.5 percent in thesame period in 2019, below government's growth...

Against the backdrop of increasing income inequality, this report uses spatial analysis to assesses whether disparities in access to basic infrastructure between Mozambique's lagging and leading regions are growing or declining and whether the public expenditure program is effective in...

Appropriate and effective regulatory frameworks remain crucial for ensuring that investments in infrastructure are done strategically and efficiently. Benchmarking infrastructure development 2020 assesses the regulatory quality for preparation, procurement, and management of large infrastructure...

Kenya is one of the bright spots in Sub-Saharan Africa. With economic growth rates sustained at above 5 percent, Kenya has outperformed the regional average, for 8 consecutive years. Robust domestic demand emanating from private consumption and government investment are the key drivers of...