Abstract
Although many developing and transition economy countries are planning significant investments in infrastructure, education, healthcare, and other important areas, they often encounter difficulties in realizing these investment plans. Limited financial resources are one important reason, but in most countries institutional and procedural weaknesses add significantly to the problems created by financial constraints.
The author gratefully acknowledges valuable research assistance provided by Mia Pavesic-Skerlep, and insightful comments from Richard Allen, Thanos Catsambas, Israel Fainboim, Ian Lienert, Brian Olden, and Tej Prakash.
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© 2008 International Monetary Fund
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Tandberg, E. (2008). Budgeting of Public Investments. In: Schwartz, G., Corbacho, A., Funke, K. (eds) Public Investment and Public-Private Partnerships. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9780230593992_5
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DOI: https://doi.org/10.1057/9780230593992_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-29944-7
Online ISBN: 978-0-230-59399-2
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