Publication: Review of Public Investment Management Performance (PIMP) in an Economic Crisis
Date
2009-08
ISSN
Published
2009-08
Author(s)
Ferris, Tom
Thomas, Theo
Abstract
This report reviews how various
countries are seeking to boost public investment management
performance (PIMP) in response to the current economic
downturn. Public investment, for the purposes of this
review, includes investment by the general government plus
investment by government-owned corporations. The report was
commissioned for the Public Sector Performance Global Expert
Team (PSP GET) at the World Bank. The report focuses on the
potential roles for public investment management in the
current downturn, including: i) scaling-up investment
spending i.e. simply doing more; ii) selecting investments
that are likely to be most effective in terms of stimulating
the economy or protecting particular social/vulnerable
groups; iii) helping to accelerate investments by reducing
the time between conception to implementation; and iv) other
improvements in the general quality of investment spending,
i.e. reducing waste or enhancing efficiency and effectiveness.
Citation
“Ferris, Tom; Thomas, Theo. 2009. Review of Public Investment Management Performance (PIMP) in an Economic Crisis. Global Expert Team (GET) Brief. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/4e6c7957-e932-5217-afcf-c5d787800e18 License: CC BY 3.0 IGO.”