Books

Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment

September 3, 2020

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Format: Chicago

Gerd Schwartz, Ms. Manal Fouad, Mr. Torben S Hansen, and Ms. Genevieve Verdier (, eds). Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment, (USA: International Monetary Fund, 2020) accessed 12/5/2025, https://doi.org/10.5089/9781513511818.071

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Summary

Drawing on the Fund’s analytical and capacity development work, including Public Investment Management Assessments (PIMAs) carried out in more than 60 countries, the new book Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment will address how countries can attain quality infrastructure outcomes through better infrastructure governance—an issue becoming increasingly important in the context of the Great Lockdown and its economic consequences. It covers critical issues such as infrastructure investment and Sustainable Development Goals, controlling corruption, managing fiscal risks, integrating planning and budgeting, and identifying best practices in project appraisal and selection. It also covers emerging areas in infrastructure governance, such as maintaining and managing public infrastructure assets and building resilience against climate change.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal rules, Infrastructure, National accounts, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Africa, Asia and Pacific, BOOK, Budget planning and preparation, Caribbean, country, Fiscal rules, Global, governance, government, Infrastructure, infrastructure governance, investment, investment efficiency, investment shock, investment spending, public investment, Public investment and public-private partnerships (PPP), Public investment spending, spending, Sub-Saharan Africa