Western Balkans : Public Investment Management and the EU Effect
The report summarizes the findings of diagnostic studies of public investment management (PIM) processes in six Western Balkan countries. The key finding is that, except for externally financed investments, preliminary screening and rigorous projec...
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| Format: | Public Investment Review |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2010/01/23068858/western-balkans-public-investment-management-eu-effect http://hdl.handle.net/10986/21048 |
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okr-10986-210482021-04-23T14:04:00Z Western Balkans : Public Investment Management and the EU Effect Groom, Simon ACCOUNTING AFFORDABILITY ARREARS BID BIDDERS BORROWING BUDGETING CHECKS CORRUPTION CREDIBILITY DEBT DISCRIMINATION ELECTRICITY EXPENDITURE EXPENDITURES EXPLOITATION EXPROPRIATION FINANCES FINANCIAL MANAGEMENT HOLDING INCOME INNOVATIONS INSTRUMENT INVESTMENT MANAGEMENT LIQUIDITY LOAN MOTIVATION OUTPUTS PRIVATIZATION PROVISIONS PUBLIC PUBLIC INVESTMENT PUBLIC PROCUREMENT REPAYMENTS ROADS SERVANTS STATEMENT SUPPLIERS TENDERING TENDERS TRANCHES TRANSPARENCY TREASURY UNION The report summarizes the findings of diagnostic studies of public investment management (PIM) processes in six Western Balkan countries. The key finding is that, except for externally financed investments, preliminary screening and rigorous project appraisal techniques are rarely used, even in those cases where these are prescribed. Ex post evaluation of public investment is also largely undeveloped. Across the region systems are gradually being put in place to improve PIM, but implementation is handicapped by a shortage of skilled practitioners. The report identifies a European Union (EU) effect but finds its impact rather limited. Harmonization with EU practices in public financial management focuses on public internal financial control and public procurement because these are the important areas for safeguarding EU funds. Therefore these are also the areas of PIM where a positive integration effect can be identified. 2014-12-31T15:50:25Z 2014-12-31T15:50:25Z 2010 http://documents.worldbank.org/curated/en/2010/01/23068858/western-balkans-public-investment-management-eu-effect http://hdl.handle.net/10986/21048 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Public Investment Review Europe and Central Asia Eastern Europe ALBANIA Bosnia and Herzegovina Kosovo Macedonia, former Yugoslav Republic of Montenegro Serbia North Macedonia (Formerly the Former Yugoslav Republic of Macedonia) |
| 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 |
ACCOUNTING AFFORDABILITY ARREARS BID BIDDERS BORROWING BUDGETING CHECKS CORRUPTION CREDIBILITY DEBT DISCRIMINATION ELECTRICITY EXPENDITURE EXPENDITURES EXPLOITATION EXPROPRIATION FINANCES FINANCIAL MANAGEMENT HOLDING INCOME INNOVATIONS INSTRUMENT INVESTMENT MANAGEMENT LIQUIDITY LOAN MOTIVATION OUTPUTS PRIVATIZATION PROVISIONS PUBLIC PUBLIC INVESTMENT PUBLIC PROCUREMENT REPAYMENTS ROADS SERVANTS STATEMENT SUPPLIERS TENDERING TENDERS TRANCHES TRANSPARENCY TREASURY UNION |
| spellingShingle |
ACCOUNTING AFFORDABILITY ARREARS BID BIDDERS BORROWING BUDGETING CHECKS CORRUPTION CREDIBILITY DEBT DISCRIMINATION ELECTRICITY EXPENDITURE EXPENDITURES EXPLOITATION EXPROPRIATION FINANCES FINANCIAL MANAGEMENT HOLDING INCOME INNOVATIONS INSTRUMENT INVESTMENT MANAGEMENT LIQUIDITY LOAN MOTIVATION OUTPUTS PRIVATIZATION PROVISIONS PUBLIC PUBLIC INVESTMENT PUBLIC PROCUREMENT REPAYMENTS ROADS SERVANTS STATEMENT SUPPLIERS TENDERING TENDERS TRANCHES TRANSPARENCY TREASURY UNION Groom, Simon Western Balkans : Public Investment Management and the EU Effect |
| geographic_facet |
Europe and Central Asia Eastern Europe ALBANIA Bosnia and Herzegovina Kosovo Macedonia, former Yugoslav Republic of Montenegro Serbia North Macedonia (Formerly the Former Yugoslav Republic of Macedonia) |
| description |
The report summarizes the findings of
diagnostic studies of public investment management (PIM)
processes in six Western Balkan countries. The key finding
is that, except for externally financed investments,
preliminary screening and rigorous project appraisal
techniques are rarely used, even in those cases where these
are prescribed. Ex post evaluation of public investment is
also largely undeveloped. Across the region systems are
gradually being put in place to improve PIM, but
implementation is handicapped by a shortage of skilled
practitioners. The report identifies a European Union (EU)
effect but finds its impact rather limited. Harmonization
with EU practices in public financial management focuses on
public internal financial control and public procurement
because these are the important areas for safeguarding EU
funds. Therefore these are also the areas of PIM where a
positive integration effect can be identified. |
| format |
Economic & Sector Work :: Public Investment Review |
| author |
Groom, Simon |
| author_facet |
Groom, Simon |
| author_sort |
Groom, Simon |
| title |
Western Balkans : Public Investment Management and the EU Effect |
| title_short |
Western Balkans : Public Investment Management and the EU Effect |
| title_full |
Western Balkans : Public Investment Management and the EU Effect |
| title_fullStr |
Western Balkans : Public Investment Management and the EU Effect |
| title_full_unstemmed |
Western Balkans : Public Investment Management and the EU Effect |
| title_sort |
western balkans : public investment management and the eu effect |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2010/01/23068858/western-balkans-public-investment-management-eu-effect http://hdl.handle.net/10986/21048 |
| _version_ |
1764447616449380352 |