Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
This study explores the role of governance in improving infrastructure reliability. It estimates that increasing infrastructure spending and improving governance in parallel is six times more effective at enhancing transport system performance than...
| Main Authors: | , , |
|---|---|
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/414611560792300712/Well-Spent-How-Governance-Determines-the-Effectiveness-of-Infrastructure-Investments http://hdl.handle.net/10986/31914 |
| Summary: | This study explores the role of
governance in improving infrastructure reliability. It
estimates that increasing infrastructure spending and
improving governance in parallel is six times more effective
at enhancing transport system performance than increasing
spending alone. It also estimates that under current fiscal
budgeting, every $1 spent on infrastructure maintenance is
as effective as $1.5 of new investments in many OECD
economies. Overall, the evidence in this study demonstrates
that it is the quality rather than the quantity of
infrastructure spending that determines the quality of
infrastructure services. |
|---|