Publication:
Public Investment Management in Latin America and the Caribbean : Institutions under Evolution

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dc.contributor.authorFrank, Jonas
dc.date.accessioned2014-12-31T16:11:47Z
dc.date.available2014-12-31T16:11:47Z
dc.date.issued2013
dc.description.abstractOver recent decades many countries of the Latin America region have set up specialized processes and mechanisms for public investment management. Initially created as isolated systems, they are now being further integrated with enhanced budgeting processes and financial management systems. In this process, Ministries of Finance and planning entities have emerged as the two key agencies taking on critical functions in the investment cycle. The on-going consolidation of institutional arrangements is being challenged through the increasing involvement of subnational governments, not least since they also are increasingly promoting PPP arrangements that require considerable regulatory capacities. More recently, countries are promoting results-oriented management and multi-year planning which can provide new impetus to strengthen public investment management. This is required as infrastructure gaps remain significant across urban and rural areas, and further efforts are required to enhance expenditure efficiency at both national and subnational levels of government. In the future, increased attention and asymmetric treatment of subnational governments is required to address the existing and possibly widening infrastructure gaps in light of uneven capacities.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/01/23068420/public-investment-management-latin-america-caribbean-institutions-under-evolution
dc.identifier.doi10.1596/21053
dc.identifier.urihttps://hdl.handle.net/10986/21053
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectASSURANCE
dc.subjectBANKS
dc.subjectBORROWING
dc.subjectBUDGETING
dc.subjectCREDIBILITY
dc.subjectDEBT
dc.subjectDECENTRALIZATION
dc.subjectDEVELOPMENT BANK
dc.subjectECONOMICS
dc.subjectELECTRICITY
dc.subjectEQUALIZATION
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPLOITATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MANAGEMENT SYSTEMS
dc.subjectINFORMATION SYSTEMS
dc.subjectINVESTMENT MANAGEMENT
dc.subjectLATRINE
dc.subjectMINISTRIES OF FINANCE
dc.subjectMUNICIPALITIES
dc.subjectPUBLIC
dc.subjectPUBLIC INVESTMENT
dc.subjectREGULATORY CAPACITIES
dc.subjectROADS
dc.subjectSUBNATIONAL GOVERNMENTS
dc.subjectTELECOMMUNICATIONS
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.titlePublic Investment Management in Latin America and the Caribbean : Institutions under Evolutionen
dspace.entity.typePublication
okr.date.disclosure2014-12-23
okr.date.doiregistration2025-05-07T09:47:29.458578Z
okr.doctypeEconomic & Sector Work::Public Investment Review
okr.docurlhttp://documents.worldbank.org/curated/en/2013/01/23068420/public-investment-management-latin-america-caribbean-institutions-under-evolution
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.guid509891468329335503
okr.identifier.externaldocumentum000333037_20141222232606
okr.identifier.internaldocumentum23068420
okr.identifier.report93357
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/12/22/000333037_20141222232606/Rendered/PDF/933570WP0P1200000PUBLIC000LAC0Final.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.region.geographicalLatin America
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Non Bank Financial Institutions
okr.topicPublic Sector Economics
okr.topicPublic Sector Development
okr.unitGovernance - GP (GGODR)
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