Fiscal Constraints and Public Investment in Kerala

2015 ◽  
pp. 60-76
Author(s):  
N.D. George
Keyword(s):  
Public Investment ◽  
Fiscal Constraints

Brazil infrastructure spending will face obstacles

2019 ◽  
Keyword(s):  
Daily Life ◽  
Public Investment ◽  
Infrastructure Investment ◽  
Foreign Investors ◽  
Content Type ◽  
Large Cities ◽  
Fiscal Constraints ◽  
Export Competitiveness

Significance Brazilian infrastructure requires urgent investment. Fiscal constraints are strengthening the government’s inclination towards privatisation and concession plans. As part of the Investment Partnerships Programme (PPI), auctions regarding operation and administration of airports, ports and railways in the country have attracted foreign investors and exceeded the government’s initial targets. Impacts Sluggish infrastructure investment will affect daily life in large cities and hinder long-term export competitiveness. Political turbulence may undermine foreign investors’ interest in Brazil. New rounds of infrastructure auctions will partially offset low public investment.

Brazil infrastructure investments will fall far short

2021 ◽  
Keyword(s):  
Power Plants ◽  
Public Investment ◽  
Thermal Power ◽  
Public Infrastructure ◽  
Water Shortages ◽  
Content Type ◽  
Fiscal Constraints ◽  
Price Increases ◽  
Infrastructure Investments ◽  
Private Investors

Significance Public investment in Brazilian infrastructure has declined in recent years, given the government’s fiscal constraints. President Jair Bolsonaro’s administration favours privatisations and concession plans, but low investment levels have generated fragilities that may affect both short- and long-term competitiveness. Impacts Water shortages will cause energy price increases due to the use of thermal power plants and energy imports. Bolsonaro’s continued criticism of China will raise doubts about forthcoming 5G auctions. Lack of public infrastructure investment will make infrastructure projects less attractive to private investors.

Public Investment under Fiscal Constraints*

2011 ◽  
Vol 32 (1) ◽  
pp. 11-42 ◽  
Author(s):  
Emanuele Bacchiocchi ◽  
Elisa Borghi ◽  
Alessandro Missale
Keyword(s):  
Public Investment ◽  
Fiscal Constraints

Bolivia’s ambitious development plans face challenges

2021 ◽  
Keyword(s):  
Public Investment ◽  
Import Substitution ◽  
Economic Diversification ◽  
Content Type ◽  
Fiscal Constraints ◽  
Policy Orientation ◽  
Development Plans ◽  
Capital Intensive

Significance The strategy, which has attracted criticism from opponents as being overly statist, is based largely on the policy orientation adopted by the Morales administrations between 2006 and 2019. Broadly, it seeks to promote economic diversification and import substitution under the aegis of an interventionist state. Impacts Import substitution will face problems arising from the scale of contraband shipped through neighbouring countries. Most of Bolivia’s main exports are capital intensive, providing only limited employment spin-offs. Fiscal constraints and lower reserves may limit the resources available for public investment.

scholarly journals The Gambia

2019 ◽  
Vol 19 (277) ◽  
Author(s):  
Keyword(s):  
Negative Impact ◽  
Public Investment ◽  
National Development ◽  
The Gambia ◽  
Early Years ◽  
Debt Management ◽  
Infrastructure Development ◽  
Fiscal Constraints ◽  
Sub Saharan ◽  
The Government

The government has highlighted infrastructure development as a key element of The Gambia’s National Development Plan, 2018–21. After a spurt in the early years of the millennium, public investment slowed down and since 2008 has averaged only about 6 percent of GDP, around two percentage points lower than the average of sub-Saharan African (SSA) countries. Public investment has been constrained by tight fiscal constraints and high debt levels. The need for increased public investment in the Gambia should be balanced against potential fiscal risks related to future Public Private Partnerships (PPPs) and State-Owned Enterprise (SOE) investments. These risks should be carefully managed to mitigate any negative impact on the government’s fiscal and debt management strategy.

The Use of Cost-Benefit Analysis for Evaluating Efficiency of Public Investment Projects (The Case of Sochi-2014 Winter Olympic Games)

2011 ◽  
pp. 57-78
Author(s):  
I. Pilipenko
Keyword(s):  
Net Present Value ◽  
Olympic Games ◽  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Investment Efficiency ◽  
Benefit Analysis ◽  
Step Method ◽  
Investment Projects ◽  
The Usa

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.

Evaluation of the impact of public investment programs on social and economic performance of territories

2019 ◽  
pp. 109-123
Author(s):  
I. E. Limonov ◽  
M. V. Nesena
Keyword(s):  
Bayesian Modeling ◽  
Positive Impact ◽  
Public Investment ◽  
Difference In Differences ◽  
The Public ◽  
Export Activity ◽  
Regional Investment ◽  
The Difference ◽  
The Impact ◽  
Development Institution

The purpose of this study is to evaluate the impact of public investment programs on the socio-economic development of territories. As a case, the federal target programs for the development of regions and investment programs of the financial development institution — Vnesheconombank, designed to solve the problems of regional development are considered. The impact of the public interventions were evaluated by the “difference in differences” method using Bayesian modeling. The results of the evaluation suggest the positive impact of federal target programs on the total factor productivity of regions and on innovation; and that regional investment programs of Vnesheconombank are improving the export activity. All of the investments considered are likely to have contributed to the reduction of unemployment, but their implementation has been accompanied by an increase in social inequality.

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