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Prioritizing Infrastructure Investments in Panama: Pilot Application of the World Bank Infrastructure Prioritization Framework

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dc.contributor.authorMarcelo, Darwin
dc.contributor.authorMandri-Perrott, Cledan
dc.contributor.authorHouse, Schuyler
dc.date.accessioned2016-06-03T18:33:45Z
dc.date.available2016-06-03T18:33:45Z
dc.date.issued2016-04
dc.description.abstractInfrastructure services are significant determinants of economic development, social welfare, trade, and public health. As such, they typically feature strongly in national development plans. While governments may receive many infrastructure project proposals, however, resources are often insufficient to finance the full set of proposals in the short term. Leading up to 2020, an estimated US$836 billion - 1 trillion will be required each year to meet growth targets worldwide (Ruiz-Nunez and Wei, 2014; World Bank). Global estimates of infrastructure investments required to support economic growth and human development lie in the range of US$65-70 trillion by 2030 (OECD, 2006), while the estimated pool of available funds is limited to approximately US$45 trillion (B20, 2014). The past twenty years have also seen a shift towards decentralized infrastructure planning. Many subnational governments, regional entities, and sector agencies have been delegated responsibility for infrastructure planning promote local responsiveness, but responsibility for allocating funds often remains with a centralized finance agency (CFA). While constituencies may propose numerous projects, governments often have insufficient financial resources to implement the full suite of proposals. This report presents the IPF methodology and results of the pilot application to a select set of transport and water and sanitation projects in Panama. The report first gives background information on infrastructure prioritization in Panama, then follows with a description of the IPF in technical and implementation terms. Next, we present the results of the pilot and close with recommendations for implementing IPF to a wider set of projects.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/04/26284078/prioritizing-infrastructure-investments-panama-pilot-application-world-bank-infrastructure-prioritization-framework
dc.identifier.doi10.1596/24404
dc.identifier.urihttps://hdl.handle.net/10986/24404
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectURBAN TRANSPORT
dc.subjectSANITATION
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectEMPLOYMENT
dc.subjectCOMMUNITIES
dc.subjectEQUITY
dc.subjectTRANSPORT SECTOR
dc.subjectBASIC SERVICES
dc.subjectCONGESTION
dc.subjectRURAL COMMUNITIES
dc.subjectINFRASTRUCTURE SERVICES
dc.subjectPOLICIES
dc.subjectTRANSPARENCY
dc.subjectPRINCIPAL
dc.subjectDESCRIPTION
dc.subjectVALUE
dc.subjectINFRASTRUCTURE FUNDING
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectBANK
dc.subjectINDUSTRY
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectENVIRONMENTAL COSTS
dc.subjectWATER SUPPLY
dc.subjectSERVICES
dc.subjectPUBLIC SERVICES
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectURBAN AREAS
dc.subjectENVIRONMENTAL BENEFITS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectHEALTH
dc.subjectURBAN MOBILITY
dc.subjectBUDGET CONSTRAINTS
dc.subjectPROJECTS
dc.subjectPROJECT
dc.subjectROAD INFRASTRUCTURE
dc.subjectROAD PROJECTS
dc.subjectPUBLIC WORKS
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectTOWNS
dc.subjectAIR
dc.subjectROADS
dc.subjectINFRASTRUCTURE PLANNING
dc.subjectBUDGET
dc.subjectECONOMIC DEVELOPMENT
dc.subjectHIGHWAY
dc.subjectPRESENT VALUE
dc.subjectAIR TRANSPORT
dc.subjectLAND
dc.subjectENVIRONMENTAL FOOTPRINT
dc.subjectROAD
dc.subjectTECHNICAL ASSISTANCE
dc.subjectCOSTS
dc.subjectTRAINING
dc.subjectRISK
dc.subjectCONSTRUCTION INDUSTRY
dc.subjectEQUALITY
dc.subjectDWELLING
dc.subjectTRANSPORT
dc.subjectRURAL AREAS
dc.subjectSUBNATIONAL GOVERNMENTS
dc.subjectINDIGENOUS PEOPLES
dc.subjectMOBILITY
dc.subjectSOCIAL COHESION
dc.subjectPRODUCTIVITY
dc.subjectWATER
dc.subjectEXTERNALITIES
dc.subjectECONOMIC MULTIPLIER EFFECTS
dc.subjectINVESTMENTS
dc.subjectINFRASTRUCTURAL CONSTRAINTS
dc.subjectINHABITANTS
dc.subjectCRITERIA
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectTRANSPORT PROJECTS
dc.subjectTRANSPORT POLICY GOALS
dc.subjectGOVERNMENTS
dc.subjectTRANSPORT POLICY
dc.subjectSERVICE
dc.subjectFINANCE
dc.subjectINFRASTRUCTURE
dc.subjectLAND USE
dc.titlePrioritizing Infrastructure Investments in Panamaen
dc.title.subtitlePilot Application of the World Bank Infrastructure Prioritization Frameworken
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titlePrioritizing Infrastructure Investments in Panama
okr.date.disclosure2016-04-26
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Infrastructure Study
okr.docurlhttp://documents.worldbank.org/curated/en/2016/04/26284078/prioritizing-infrastructure-investments-panama-pilot-application-world-bank-infrastructure-prioritization-framework
okr.guid967401468196760737
okr.identifier.doi10.1596/24404
okr.identifier.externaldocumentum090224b0842d20f9_1_0
okr.identifier.internaldocumentum26284078
okr.identifier.report105056
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/04/27/090224b0842d20f9/1_0/Rendered/PDF/Prioritizing0i0ritization0framework.pdfen
okr.sectorTransportation
okr.sectorWater, sanitation and flood protection
okr.themeRural development :: Rural services and infrastructure
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicInfrastructure Economics and Finance::Private Participation in Infrastructure
okr.topicUrban Development::Urban Services to the Poor
okr.topicTransport::Transport Economics Policy & Planning
okr.topicRural Development::Rural Poverty Reduction Strategies
okr.unitPPP - CCSA - IBRD (GCPDR)
relation.isAuthorOfPublication9b5a8c36-d336-55a3-8f2c-509708c3999c
relation.isAuthorOfPublication.latestForDiscovery9b5a8c36-d336-55a3-8f2c-509708c3999c
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