Ferris, TomThomas, Theo2012-08-132012-08-132009-08https://hdl.handle.net/10986/10532This 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.CC BY 3.0 IGOACCOUNTABILITYADMINISTRATIVE CAPACITYADVANCED ECONOMIESAFFORDABILITYAPPROVAL PROCEDURESASSET VALUESASSURANCEAUCTIONSBANK LENDINGBIASESBIDBIDSBORROWINGBORROWING COSTSBORROWINGSBUDGET CONSTRAINTSBUDGETARY FRAMEWORKBUDGETINGBUSINESS PLANSCAPACITY BUILDINGCAPITAL INFLOWSCAPITAL INVESTMENTCAPITAL PROJECTSCAPITAL STOCKCENTRAL BANKSCHECKSCOMMODITY PRICESCONSOLIDATIONCREDIT CRUNCHDEBIT CARDSDEBTDEBTSDEFICITSDEVELOPING COUNTRIESDISCOUNT RATEECONOMIC ACTIVITYECONOMIC CRISISECONOMIC DIFFICULTIESECONOMIC GROWTHEMERGING ECONOMIESEMERGING MARKETEMERGING MARKET COUNTRIESEMPLOYEEENFORCEMENT POWERSENVIRONMENTAL PROTECTIONEXPENDITURESEXPORT EARNINGSEXTERNALITIESFAMILIESFEDERAL INVESTMENTFINANCE MINISTRIESFINANCIAL ASSISTANCEFINANCIAL CRISISFINANCIAL FLOWSFINANCIAL MANAGEMENTFINANCIAL MARKETSFINANCIAL REGULATIONFINANCIAL RESOURCESFINANCIAL RISKFINANCIAL SAFETYFINANCIAL SAFETY NETSFINANCIAL SYSTEMFINANCING COSTSFINANCING REQUIREMENTSFISCAL DEFICITFISCAL POLICYFISCAL RESOURCESFOREIGN INVESTMENTFRAUDGLOBAL ECONOMYGLOBAL TRADEGOVERNMENT DEBTGOVERNMENT DEFICITGOVERNMENT EXPENDITUREGOVERNMENT INVESTMENTGOVERNMENT POLICYGOVERNMENT SPENDINGGRANT PROGRAMSHEALTH SERVICESHOUSEHOLDSHOUSINGHOUSING MARKETSHUMAN CAPITALHUMAN RESOURCEHUMAN RESOURCESINCOMEINCOME GROUPSINFORMATION SYSTEMSINFRASTRUCTURE INVESTMENTINFRASTRUCTURE INVESTMENTSINSTITUTIONAL CAPACITYINSTITUTIONAL INVESTORSINTEREST RATEINTEREST RATESINTERNATIONAL FINANCIAL INSTITUTIONSINVESTINGINVESTMENT DECISIONSINVESTMENT ENVIRONMENTINVESTMENT GUIDELINESINVESTMENT INCENTIVESINVESTMENT MANAGEMENTINVESTMENT OPPORTUNITIESINVESTMENT PLANNINGINVESTMENT PLANSINVESTMENT PORTFOLIOINVESTMENT PRIORITIESINVESTMENT PROCESSINVESTMENT PROCESSESINVESTMENT PROGRAMINVESTMENT PROJECTSINVESTMENT PROPOSALSINVESTMENT REQUIREMENTSINVESTMENT SPENDINGJOB CREATIONLEGISLATIONLIQUIDITYLOANLOCAL ECONOMIESLOCAL GOVERNMENTLOCAL GOVERNMENTSMANAGEMENT INFORMATION SYSTEMSMARKET CONDITIONSMARKET FAILURESMONETARY FUNDMONETARY POLICYPEER REVIEWPENALTIESPENSIONPENSION FUNDSPOLICY RESPONSEPOSITIVE COEFFICIENTSPRIVATE INVESTMENTPRIVATE PENSIONPRIVATE PENSION FUNDSPRODUCTIVE CAPITALPUBLIC AGENCIESPUBLIC FINANCESPUBLIC INVESTMENTPUBLIC INVESTMENTSPUBLIC SECTOR DEFICITSPUBLIC SPENDINGPUBLIC TRANSPORTPUBLIC-PRIVATE PARTNERSHIPRATE OF INVESTMENTRECEIPTRECESSIONRECESSIONSRED TAPEREINVESTMENTRETURNRISK MANAGEMENTSAFETY NETSSAVINGSSTART-UPSTATEMENTSTATEMENTSSUBSCRIPTIONSTAXTAX CREDITTAX CREDITSTECHNICAL ASSISTANCETELECOMMUNICATIONSTRANSACTIONTRANSITION ECONOMYTRANSPARENCYTRANSPORTTREASURYTRUST FUNDUNEMPLOYMENTUNIONVULNERABLE GROUPVULNERABLE GROUPSWAGESReview of Public Investment Management Performance (PIMP) in an Economic CrisisWorld Bank10.1596/10532