Western Balkans - Public Investment Management Study : Main Report
This report summarizes the findings of a review of public investment management (PIM) practices in the Western Balkans carried out with an eye to improving practices over the medium term, sharing experiences on a regional basis, providing some init...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
World Bank
2012
|
| Subjects: | |
| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20100908014143 http://hdl.handle.net/10986/2901 |
| Summary: | This report summarizes the findings of a
review of public investment management (PIM) practices in
the Western Balkans carried out with an eye to improving
practices over the medium term, sharing experiences on a
regional basis, providing some initial specific
recommendations and identifying areas for more intensive
further analysis. Following this introduction, the second
section of the main report examines capital expenditure
trends in the study countries. The third section provides an
overview of the findings across the six countries. The
fourth section provides potential drill-down topics for the
further analysis. The fifth and final section briefly
outlines the methodology used in the individual country
studies. The study has revealed frequent weaknesses in the
institutional arrangements for public investment management,
although in most cases things are moving in the right
direction. Box one set out some stylized guidelines on good
practice for institutional arrangements for public
investment management, based on what is commonly found in
OECD countries. The box describes systems involving a
single, integrated budgeting process for capital and
recurrent expenditure, within which capital expenditure is
clearly distinguished from current expenditure because of
its particular characteristics. |
|---|