Bang for Your Buck: Public Investment & Efficiency

2019-03-27T10:07:07-04:00April 19, 2016|

by iMFdirect

Public capital—road, bridges, electricity—can make countries richer by attracting more investment and building economic growth at a time when many are struggling with low growth.  Many economists would argue public investment projects in highly efficient countries tend to have a greater impact on growth. New research by IMF economists shows that’s not necessarily the case. […]