Road in Sahara desert. Public capital is scarcer in inefficient developing countries, so roads are more valuable (photo: Me. Desjeux, Bernard/CORBIS).
While many economists would argue public investment projects in highly efficient countries have a greater impact on growth, recent research by some IMF economists shows that’s not necessarily the case. In this podcast we speak with the IMF’s Andy Berg, who suggests the impact on growth from public investment spending is similar in both high and low-efficiency countries.
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
Journalist
Rhoda Metcalfe is an independent journalist and audio producer. Her reporting on the armed conflict in Colombia in the late 90s, as well as her work in Egypt, Turkey and South Africa has won several awards. She now produces podcasts and radio features from Washington DC and is a regular contributor to the IMF Podcast program.
