Publication: Strengthening Infrastructure Governance for Investment and Service Delivery in Panama
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2020-06-24
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2020-07-13
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World Bank
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Global evidence suggests better infrastructure governance results in more efficient spending and better growth outcomes at the national and subnational levels of government. Several studies (International Monetary Fund (IMF), 2015; OECD, 2015; World Bank 2014; OECD, 2013a) demonstrate that improvements in infrastructure governance can lead to substantial efficiency enhancements and enhanced infrastructure productivity over the life of the asset. Conversely, poor governance is a major reason why infrastructure projects fail to meet their timeframe, budget, and service delivery objectives. This report assesses the governance of the infrastructure sectors in Panama. Building on a dedicated infrastructure governance framework (see Section II), the report looks at the sector specific arrangements in electricity and water as well as the cross-cutting framework for infrastructure planning, procurement and delivery including for PPPs. The main recommendations of the report are presented in Section I below. Aimed at addressing Panama’s infrastructure governance bottlenecks, the recommendations specify the suggested timeline and priority.
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“World Bank. 2020. Strengthening Infrastructure Governance for Investment and Service Delivery in Panama. © World Bank. http://hdl.handle.net/10986/34088 License: CC BY 3.0 IGO.”
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