How can Developing Countries Power up Public Investment?

Year
2024
Type(s)
Author(s)
Amat Adarov, Valerie Mercer-Blackman, and Naotaka Sugawara
Source
World Bank Let's Talk Development blog, December 16, 2024
Url
https://blogs.worldbank.org/en/developmenttalk/how-can-developing-countries-power-up-public-investment-

Unlocking the power of public investment is a crucial policy lever for achieving the Sustainable Development Goals. The latest Global Economic Prospects report finds that certain policy interventions can help emerging market and developing economies (EMDEs) boost output by up to 1.6 percent over 5 years by scaling up public investment by 1 percent of GDP. The main question is: What types of policy interventions can help EMDEs utilize the growth benefits of public investment?