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...

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Main Authors:	Kornejew, Martin, Rentschler, Jun, Hallegatte, Stephane
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	INFRASTRUCTURE INFRASTRUCTURE INVESTMENT GOVERNANCE PUBLIC SECTOR TRANSPORTATION INFRASTRUCTURE
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

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recordtype	oai_dc
spelling	okr-10986-319142022-09-19T12:17:22Z Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments Kornejew, Martin Rentschler, Jun Hallegatte, Stephane INFRASTRUCTURE INFRASTRUCTURE INVESTMENT GOVERNANCE PUBLIC SECTOR TRANSPORTATION INFRASTRUCTURE 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. 2019-06-19T21:24:20Z 2019-06-19T21:24:20Z 2019-06 Working Paper http://documents.worldbank.org/curated/en/414611560792300712/Well-Spent-How-Governance-Determines-the-Effectiveness-of-Infrastructure-Investments http://hdl.handle.net/10986/31914 English Policy Research Working Paper;No. 8894 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	INFRASTRUCTURE INFRASTRUCTURE INVESTMENT GOVERNANCE PUBLIC SECTOR TRANSPORTATION INFRASTRUCTURE
spellingShingle	INFRASTRUCTURE INFRASTRUCTURE INVESTMENT GOVERNANCE PUBLIC SECTOR TRANSPORTATION INFRASTRUCTURE Kornejew, Martin Rentschler, Jun Hallegatte, Stephane Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
relation	Policy Research Working Paper;No. 8894
description	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.
format	Working Paper
author	Kornejew, Martin Rentschler, Jun Hallegatte, Stephane
author_facet	Kornejew, Martin Rentschler, Jun Hallegatte, Stephane
author_sort	Kornejew, Martin
title	Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
title_short	Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
title_full	Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
title_fullStr	Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
title_full_unstemmed	Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments
title_sort	well spent : how governance determines the effectiveness of infrastructure investments
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/414611560792300712/Well-Spent-How-Governance-Determines-the-Effectiveness-of-Infrastructure-Investments http://hdl.handle.net/10986/31914
_version_	1764475356531654656

Well Spent : How Governance Determines the Effectiveness of Infrastructure Investments

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