Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure
The objective of this report is to analyze in depth the current public investment management system and to assess whether or not it is able to meet this challenge of delivering good quality projects in the priority areas in a macro-economically sus...
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| Format: | Other Infrastructure Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17282494/mongolia-improving-public-investments-meet-challenge-scaling-up-infrastructure http://hdl.handle.net/10986/13256 |
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okr-10986-13256 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS ROADS ACCOUNTABILITY ACCOUNTING ADB AFFILIATES AIR AIR POLLUTION AUDIT OFFICE AVERAGE TRAFFIC SPEEDS BAILOUTS BARRIERS TO ENTRY BID BIDS BORDER CROSSINGS BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BRIDGE CROSSINGS BUDGET ALLOCATION BUDGET ALLOCATIONS BUDGET EXECUTION BUDGET FORMULATION BUDGET FRAMEWORK BUDGET LAW BUDGET PROCESS BUDGETARY RESOURCES CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL ASSETS CAPITAL BUDGET CAPITAL BUDGETING CAPITAL EXPENDITURES CAPITAL FORMATION CAPITAL MARKETS CAPITAL PROJECTS CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CHECKS CIVIL SERVICE CIVIL SOCIETY MONITORING CIVIL SOCIETY ORGANIZATIONS COMMODITY PRICE COMMODITY PRICES COMMUNITY INFRASTRUCTURE COMPETITIVE BIDDING CONFLICT OF INTEREST CONFLICTS OF INTEREST CONGESTION CONTINGENT LIABILITIES CORPORATE GOVERNANCE COST-BENEFIT ANALYSIS CREDIBILITY CULVERTS DEBT SERVICE DECENTRALIZATION DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DEVELOPMENT BANKS DISBURSEMENTS DRAINAGE DRIVING DRIVING CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EDUCATION SPENDING EMPLOYMENT ENTRY REQUIREMENTS EQUALIZATION EQUIPMENT EXPENDITURE FINANCIAL MANAGEMENT FINANCIAL POLICY FINANCING OF INFRASTRUCTURE FINANCING SOURCES FISCAL FRAMEWORK FISCAL POLICY FISCAL STABILITY FIXED CAPITAL FOREIGN ASSETS FUELS GOVERNMENT BUDGET GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT OWNERSHIP GOVERNMENT POLICY GOVERNMENT REGULATIONS GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HIGH TRANSPORT HIGHWAYS HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCE HUMAN RESOURCES IMPROVING BUDGET EXECUTION INCOME LEVELS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSURANCE INTERNATIONAL BOND INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKETS INTERNATIONAL TRADE INTERNATIONAL TRANSIT INVESTMENT CLIMATE INVESTMENT PROJECTS INVESTMENT SPENDING LACK OF TRANSPARENCY LAWS LEGAL ENVIRONMENT LEGAL FRAMEWORK LEGISLATION LIABILITY LLC LOCAL CAPACITY LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC INSTABILITY MACROECONOMIC STABILITY MANDATES MARKET FAILURES MEDIUM-TERM DEVELOPMENT MEDIUM-TERM DEVELOPMENT PLANS MIGRATION MINISTRY OF FINANCE MONETARY FUND NATIONAL AUDIT NATIONAL DEVELOPMENT NATURAL RESOURCES NOMINAL CAPITAL NOW ACCOUNTS OPPORTUNITIES FOR CORRUPTION OWNERSHIP STRUCTURE PATRONAGE PEAK DEMAND POLITICAL ECONOMY POLLUTION POPULATION DENSITY POVERTY REDUCTION PRICE VOLATILITY PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTMENTS PROCUREMENT POLICY PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC FUNDS PUBLIC GOODS PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENTS PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR SPECIALIST PUBLIC TRANSPORT RAIL RAILROAD RAILWAY RAILWAYS REAL EXCHANGE RATE REGULATORY CONSTRAINT REGULATORY FRAMEWORK REPAYMENT RESERVES RESOURCE ALLOCATION RETURNS ROAD ROAD CONSTRUCTION ROAD MAINTENANCE ROAD NETWORK ROAD SECTOR ROAD TRANSPORT ROADS RURAL ROADS RURAL TRANSPORT SANITATION SAVINGS SECTOR POLICY SELF-REGULATION SERVICE DELIVERY SHAREHOLDER SOCIAL INSURANCE FUND SOLID WASTE COLLECTION SOLVENCY SOVEREIGN BOND STATE PROPERTY STREET LIGHTING TAX TAX REVENUE TRAFFIC TRAFFIC SAFETY TRANSIT CORRIDORS TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORT INFRASTRUCTURE TRANSPORT PRICING TRANSPORT SECTOR TRANSPORTATION TREASURY URBAN DEVELOPMENT URBAN ROADS VEHICLES WAGES WATER SUPPLY |
| spellingShingle |
ACCESS ROADS ACCOUNTABILITY ACCOUNTING ADB AFFILIATES AIR AIR POLLUTION AUDIT OFFICE AVERAGE TRAFFIC SPEEDS BAILOUTS BARRIERS TO ENTRY BID BIDS BORDER CROSSINGS BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BRIDGE CROSSINGS BUDGET ALLOCATION BUDGET ALLOCATIONS BUDGET EXECUTION BUDGET FORMULATION BUDGET FRAMEWORK BUDGET LAW BUDGET PROCESS BUDGETARY RESOURCES CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL ASSETS CAPITAL BUDGET CAPITAL BUDGETING CAPITAL EXPENDITURES CAPITAL FORMATION CAPITAL MARKETS CAPITAL PROJECTS CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CHECKS CIVIL SERVICE CIVIL SOCIETY MONITORING CIVIL SOCIETY ORGANIZATIONS COMMODITY PRICE COMMODITY PRICES COMMUNITY INFRASTRUCTURE COMPETITIVE BIDDING CONFLICT OF INTEREST CONFLICTS OF INTEREST CONGESTION CONTINGENT LIABILITIES CORPORATE GOVERNANCE COST-BENEFIT ANALYSIS CREDIBILITY CULVERTS DEBT SERVICE DECENTRALIZATION DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DEVELOPMENT BANKS DISBURSEMENTS DRAINAGE DRIVING DRIVING CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EDUCATION SPENDING EMPLOYMENT ENTRY REQUIREMENTS EQUALIZATION EQUIPMENT EXPENDITURE FINANCIAL MANAGEMENT FINANCIAL POLICY FINANCING OF INFRASTRUCTURE FINANCING SOURCES FISCAL FRAMEWORK FISCAL POLICY FISCAL STABILITY FIXED CAPITAL FOREIGN ASSETS FUELS GOVERNMENT BUDGET GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT OWNERSHIP GOVERNMENT POLICY GOVERNMENT REGULATIONS GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HIGH TRANSPORT HIGHWAYS HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCE HUMAN RESOURCES IMPROVING BUDGET EXECUTION INCOME LEVELS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSURANCE INTERNATIONAL BOND INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKETS INTERNATIONAL TRADE INTERNATIONAL TRANSIT INVESTMENT CLIMATE INVESTMENT PROJECTS INVESTMENT SPENDING LACK OF TRANSPARENCY LAWS LEGAL ENVIRONMENT LEGAL FRAMEWORK LEGISLATION LIABILITY LLC LOCAL CAPACITY LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC INSTABILITY MACROECONOMIC STABILITY MANDATES MARKET FAILURES MEDIUM-TERM DEVELOPMENT MEDIUM-TERM DEVELOPMENT PLANS MIGRATION MINISTRY OF FINANCE MONETARY FUND NATIONAL AUDIT NATIONAL DEVELOPMENT NATURAL RESOURCES NOMINAL CAPITAL NOW ACCOUNTS OPPORTUNITIES FOR CORRUPTION OWNERSHIP STRUCTURE PATRONAGE PEAK DEMAND POLITICAL ECONOMY POLLUTION POPULATION DENSITY POVERTY REDUCTION PRICE VOLATILITY PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTMENTS PROCUREMENT POLICY PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC FUNDS PUBLIC GOODS PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENTS PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR SPECIALIST PUBLIC TRANSPORT RAIL RAILROAD RAILWAY RAILWAYS REAL EXCHANGE RATE REGULATORY CONSTRAINT REGULATORY FRAMEWORK REPAYMENT RESERVES RESOURCE ALLOCATION RETURNS ROAD ROAD CONSTRUCTION ROAD MAINTENANCE ROAD NETWORK ROAD SECTOR ROAD TRANSPORT ROADS RURAL ROADS RURAL TRANSPORT SANITATION SAVINGS SECTOR POLICY SELF-REGULATION SERVICE DELIVERY SHAREHOLDER SOCIAL INSURANCE FUND SOLID WASTE COLLECTION SOLVENCY SOVEREIGN BOND STATE PROPERTY STREET LIGHTING TAX TAX REVENUE TRAFFIC TRAFFIC SAFETY TRANSIT CORRIDORS TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORT INFRASTRUCTURE TRANSPORT PRICING TRANSPORT SECTOR TRANSPORTATION TREASURY URBAN DEVELOPMENT URBAN ROADS VEHICLES WAGES WATER SUPPLY World Bank Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure |
| geographic_facet |
East Asia and Pacific Mongolia |
| description |
The objective of this report is to
analyze in depth the current public investment management
system and to assess whether or not it is able to meet this
challenge of delivering good quality projects in the
priority areas in a macro-economically sustainable manner;
and to recommend what needs to be done to improve the system
so that it is able to effectively transform natural resource
revenues into sustainable capital assets. In making its
recommendations, this report focuses on some of the details
that need to be laid out in implementing regulations in
order to make the Fiscal Stability Law (FSL), Budget Law of
Mongolia (IBL), and Public Procurement Law of Mongolia
(PPLM) work. The report also suggests amendments to some of
the existing laws that pose a risk to meeting the four
objectives. In proposing policy options, the report is
conscious of the political economy of reform and, wherever
possible, analyzes the compatibility of the technical
solutions with the political interests of policy-makers. |
| format |
Economic & Sector Work :: Other Infrastructure Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure |
| title_short |
Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure |
| title_full |
Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure |
| title_fullStr |
Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure |
| title_full_unstemmed |
Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure |
| title_sort |
mongolia : improving public investments to meet the challenge of scaling up infrastructure |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2013/01/17282494/mongolia-improving-public-investments-meet-challenge-scaling-up-infrastructure http://hdl.handle.net/10986/13256 |
| _version_ |
1764422581280047104 |
| spelling |
okr-10986-132562021-04-23T14:03:06Z Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure World Bank ACCESS ROADS ACCOUNTABILITY ACCOUNTING ADB AFFILIATES AIR AIR POLLUTION AUDIT OFFICE AVERAGE TRAFFIC SPEEDS BAILOUTS BARRIERS TO ENTRY BID BIDS BORDER CROSSINGS BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BRIDGE CROSSINGS BUDGET ALLOCATION BUDGET ALLOCATIONS BUDGET EXECUTION BUDGET FORMULATION BUDGET FRAMEWORK BUDGET LAW BUDGET PROCESS BUDGETARY RESOURCES CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL ASSETS CAPITAL BUDGET CAPITAL BUDGETING CAPITAL EXPENDITURES CAPITAL FORMATION CAPITAL MARKETS CAPITAL PROJECTS CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CHECKS CIVIL SERVICE CIVIL SOCIETY MONITORING CIVIL SOCIETY ORGANIZATIONS COMMODITY PRICE COMMODITY PRICES COMMUNITY INFRASTRUCTURE COMPETITIVE BIDDING CONFLICT OF INTEREST CONFLICTS OF INTEREST CONGESTION CONTINGENT LIABILITIES CORPORATE GOVERNANCE COST-BENEFIT ANALYSIS CREDIBILITY CULVERTS DEBT SERVICE DECENTRALIZATION DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DEVELOPMENT BANKS DISBURSEMENTS DRAINAGE DRIVING DRIVING CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EDUCATION SPENDING EMPLOYMENT ENTRY REQUIREMENTS EQUALIZATION EQUIPMENT EXPENDITURE FINANCIAL MANAGEMENT FINANCIAL POLICY FINANCING OF INFRASTRUCTURE FINANCING SOURCES FISCAL FRAMEWORK FISCAL POLICY FISCAL STABILITY FIXED CAPITAL FOREIGN ASSETS FUELS GOVERNMENT BUDGET GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT OWNERSHIP GOVERNMENT POLICY GOVERNMENT REGULATIONS GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HIGH TRANSPORT HIGHWAYS HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCE HUMAN RESOURCES IMPROVING BUDGET EXECUTION INCOME LEVELS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSURANCE INTERNATIONAL BOND INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKETS INTERNATIONAL TRADE INTERNATIONAL TRANSIT INVESTMENT CLIMATE INVESTMENT PROJECTS INVESTMENT SPENDING LACK OF TRANSPARENCY LAWS LEGAL ENVIRONMENT LEGAL FRAMEWORK LEGISLATION LIABILITY LLC LOCAL CAPACITY LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC INSTABILITY MACROECONOMIC STABILITY MANDATES MARKET FAILURES MEDIUM-TERM DEVELOPMENT MEDIUM-TERM DEVELOPMENT PLANS MIGRATION MINISTRY OF FINANCE MONETARY FUND NATIONAL AUDIT NATIONAL DEVELOPMENT NATURAL RESOURCES NOMINAL CAPITAL NOW ACCOUNTS OPPORTUNITIES FOR CORRUPTION OWNERSHIP STRUCTURE PATRONAGE PEAK DEMAND POLITICAL ECONOMY POLLUTION POPULATION DENSITY POVERTY REDUCTION PRICE VOLATILITY PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTMENTS PROCUREMENT POLICY PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC FUNDS PUBLIC GOODS PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENTS PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR SPECIALIST PUBLIC TRANSPORT RAIL RAILROAD RAILWAY RAILWAYS REAL EXCHANGE RATE REGULATORY CONSTRAINT REGULATORY FRAMEWORK REPAYMENT RESERVES RESOURCE ALLOCATION RETURNS ROAD ROAD CONSTRUCTION ROAD MAINTENANCE ROAD NETWORK ROAD SECTOR ROAD TRANSPORT ROADS RURAL ROADS RURAL TRANSPORT SANITATION SAVINGS SECTOR POLICY SELF-REGULATION SERVICE DELIVERY SHAREHOLDER SOCIAL INSURANCE FUND SOLID WASTE COLLECTION SOLVENCY SOVEREIGN BOND STATE PROPERTY STREET LIGHTING TAX TAX REVENUE TRAFFIC TRAFFIC SAFETY TRANSIT CORRIDORS TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORT INFRASTRUCTURE TRANSPORT PRICING TRANSPORT SECTOR TRANSPORTATION TREASURY URBAN DEVELOPMENT URBAN ROADS VEHICLES WAGES WATER SUPPLY The objective of this report is to analyze in depth the current public investment management system and to assess whether or not it is able to meet this challenge of delivering good quality projects in the priority areas in a macro-economically sustainable manner; and to recommend what needs to be done to improve the system so that it is able to effectively transform natural resource revenues into sustainable capital assets. In making its recommendations, this report focuses on some of the details that need to be laid out in implementing regulations in order to make the Fiscal Stability Law (FSL), Budget Law of Mongolia (IBL), and Public Procurement Law of Mongolia (PPLM) work. The report also suggests amendments to some of the existing laws that pose a risk to meeting the four objectives. In proposing policy options, the report is conscious of the political economy of reform and, wherever possible, analyzes the compatibility of the technical solutions with the political interests of policy-makers. 2013-04-22T20:59:21Z 2013-04-22T20:59:21Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/17282494/mongolia-improving-public-investments-meet-challenge-scaling-up-infrastructure http://hdl.handle.net/10986/13256 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Infrastructure Study Economic & Sector Work East Asia and Pacific Mongolia |