Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework
Infrastructure services are significant determinants of economic development, social welfare, trade, and public health. As such, they typically feature strongly in national development plans. While governments may receive many infrastructure projec...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/04/26284078/prioritizing-infrastructure-investments-panama-pilot-application-world-bank-infrastructure-prioritization-framework http://hdl.handle.net/10986/24404 |
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okr-10986-244042021-05-25T08:48:12Z Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework Marcelo, Darwin Mandri-Perrott, Cledan House, Schuyler URBAN TRANSPORT SANITATION INFRASTRUCTURE INVESTMENT EMPLOYMENT COMMUNITIES EQUITY TRANSPORT SECTOR BASIC SERVICES CONGESTION RURAL COMMUNITIES INFRASTRUCTURE SERVICES POLICIES TRANSPARENCY PRINCIPAL DESCRIPTION VALUE INFRASTRUCTURE FUNDING TRANSPORT INFRASTRUCTURE BANK INDUSTRY ENVIRONMENTAL IMPACTS ENVIRONMENTAL COSTS WATER SUPPLY SERVICES PUBLIC SERVICES INFRASTRUCTURE DEVELOPMENT URBAN AREAS ENVIRONMENTAL BENEFITS FINANCIAL PERFORMANCE HEALTH URBAN MOBILITY BUDGET CONSTRAINTS PROJECTS PROJECT ROAD INFRASTRUCTURE ROAD PROJECTS PUBLIC WORKS INFRASTRUCTURE PROJECTS TOWNS AIR ROADS INFRASTRUCTURE PLANNING BUDGET ECONOMIC DEVELOPMENT HIGHWAY PRESENT VALUE AIR TRANSPORT LAND ENVIRONMENTAL FOOTPRINT ROAD TECHNICAL ASSISTANCE COSTS TRAINING RISK CONSTRUCTION INDUSTRY EQUALITY DWELLING TRANSPORT RURAL AREAS SUBNATIONAL GOVERNMENTS INDIGENOUS PEOPLES MOBILITY SOCIAL COHESION PRODUCTIVITY WATER EXTERNALITIES ECONOMIC MULTIPLIER EFFECTS INVESTMENTS INFRASTRUCTURAL CONSTRAINTS INHABITANTS CRITERIA COST-BENEFIT ANALYSIS TRANSPORT PROJECTS TRANSPORT POLICY GOALS GOVERNMENTS TRANSPORT POLICY SERVICE FINANCE INFRASTRUCTURE LAND USE Infrastructure services are significant determinants of economic development, social welfare, trade, and public health. As such, they typically feature strongly in national development plans. While governments may receive many infrastructure project proposals, however, resources are often insufficient to finance the full set of proposals in the short term. Leading up to 2020, an estimated US$836 billion - 1 trillion will be required each year to meet growth targets worldwide (Ruiz-Nunez and Wei, 2014; World Bank). Global estimates of infrastructure investments required to support economic growth and human development lie in the range of US$65-70 trillion by 2030 (OECD, 2006), while the estimated pool of available funds is limited to approximately US$45 trillion (B20, 2014). The past twenty years have also seen a shift towards decentralized infrastructure planning. Many subnational governments, regional entities, and sector agencies have been delegated responsibility for infrastructure planning promote local responsiveness, but responsibility for allocating funds often remains with a centralized finance agency (CFA). While constituencies may propose numerous projects, governments often have insufficient financial resources to implement the full suite of proposals. This report presents the IPF methodology and results of the pilot application to a select set of transport and water and sanitation projects in Panama. The report first gives background information on infrastructure prioritization in Panama, then follows with a description of the IPF in technical and implementation terms. Next, we present the results of the pilot and close with recommendations for implementing IPF to a wider set of projects. 2016-06-03T18:33:45Z 2016-06-03T18:33:45Z 2016-04 Report http://documents.worldbank.org/curated/en/2016/04/26284078/prioritizing-infrastructure-investments-panama-pilot-application-world-bank-infrastructure-prioritization-framework http://hdl.handle.net/10986/24404 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study |
| 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 |
URBAN TRANSPORT SANITATION INFRASTRUCTURE INVESTMENT EMPLOYMENT COMMUNITIES EQUITY TRANSPORT SECTOR BASIC SERVICES CONGESTION RURAL COMMUNITIES INFRASTRUCTURE SERVICES POLICIES TRANSPARENCY PRINCIPAL DESCRIPTION VALUE INFRASTRUCTURE FUNDING TRANSPORT INFRASTRUCTURE BANK INDUSTRY ENVIRONMENTAL IMPACTS ENVIRONMENTAL COSTS WATER SUPPLY SERVICES PUBLIC SERVICES INFRASTRUCTURE DEVELOPMENT URBAN AREAS ENVIRONMENTAL BENEFITS FINANCIAL PERFORMANCE HEALTH URBAN MOBILITY BUDGET CONSTRAINTS PROJECTS PROJECT ROAD INFRASTRUCTURE ROAD PROJECTS PUBLIC WORKS INFRASTRUCTURE PROJECTS TOWNS AIR ROADS INFRASTRUCTURE PLANNING BUDGET ECONOMIC DEVELOPMENT HIGHWAY PRESENT VALUE AIR TRANSPORT LAND ENVIRONMENTAL FOOTPRINT ROAD TECHNICAL ASSISTANCE COSTS TRAINING RISK CONSTRUCTION INDUSTRY EQUALITY DWELLING TRANSPORT RURAL AREAS SUBNATIONAL GOVERNMENTS INDIGENOUS PEOPLES MOBILITY SOCIAL COHESION PRODUCTIVITY WATER EXTERNALITIES ECONOMIC MULTIPLIER EFFECTS INVESTMENTS INFRASTRUCTURAL CONSTRAINTS INHABITANTS CRITERIA COST-BENEFIT ANALYSIS TRANSPORT PROJECTS TRANSPORT POLICY GOALS GOVERNMENTS TRANSPORT POLICY SERVICE FINANCE INFRASTRUCTURE LAND USE |
| spellingShingle |
URBAN TRANSPORT SANITATION INFRASTRUCTURE INVESTMENT EMPLOYMENT COMMUNITIES EQUITY TRANSPORT SECTOR BASIC SERVICES CONGESTION RURAL COMMUNITIES INFRASTRUCTURE SERVICES POLICIES TRANSPARENCY PRINCIPAL DESCRIPTION VALUE INFRASTRUCTURE FUNDING TRANSPORT INFRASTRUCTURE BANK INDUSTRY ENVIRONMENTAL IMPACTS ENVIRONMENTAL COSTS WATER SUPPLY SERVICES PUBLIC SERVICES INFRASTRUCTURE DEVELOPMENT URBAN AREAS ENVIRONMENTAL BENEFITS FINANCIAL PERFORMANCE HEALTH URBAN MOBILITY BUDGET CONSTRAINTS PROJECTS PROJECT ROAD INFRASTRUCTURE ROAD PROJECTS PUBLIC WORKS INFRASTRUCTURE PROJECTS TOWNS AIR ROADS INFRASTRUCTURE PLANNING BUDGET ECONOMIC DEVELOPMENT HIGHWAY PRESENT VALUE AIR TRANSPORT LAND ENVIRONMENTAL FOOTPRINT ROAD TECHNICAL ASSISTANCE COSTS TRAINING RISK CONSTRUCTION INDUSTRY EQUALITY DWELLING TRANSPORT RURAL AREAS SUBNATIONAL GOVERNMENTS INDIGENOUS PEOPLES MOBILITY SOCIAL COHESION PRODUCTIVITY WATER EXTERNALITIES ECONOMIC MULTIPLIER EFFECTS INVESTMENTS INFRASTRUCTURAL CONSTRAINTS INHABITANTS CRITERIA COST-BENEFIT ANALYSIS TRANSPORT PROJECTS TRANSPORT POLICY GOALS GOVERNMENTS TRANSPORT POLICY SERVICE FINANCE INFRASTRUCTURE LAND USE Marcelo, Darwin Mandri-Perrott, Cledan House, Schuyler Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework |
| description |
Infrastructure services are significant
determinants of economic development, social welfare, trade,
and public health. As such, they typically feature strongly
in national development plans. While governments may receive
many infrastructure project proposals, however, resources
are often insufficient to finance the full set of proposals
in the short term. Leading up to 2020, an estimated US$836
billion - 1 trillion will be required each year to meet
growth targets worldwide (Ruiz-Nunez and Wei, 2014; World
Bank). Global estimates of infrastructure investments
required to support economic growth and human development
lie in the range of US$65-70 trillion by 2030 (OECD, 2006),
while the estimated pool of available funds is limited to
approximately US$45 trillion (B20, 2014). The past twenty
years have also seen a shift towards decentralized
infrastructure planning. Many subnational governments,
regional entities, and sector agencies have been delegated
responsibility for infrastructure planning promote local
responsiveness, but responsibility for allocating funds
often remains with a centralized finance agency (CFA). While
constituencies may propose numerous projects, governments
often have insufficient financial resources to implement the
full suite of proposals. This report presents the IPF
methodology and results of the pilot application to a select
set of transport and water and sanitation projects in
Panama. The report first gives background information on
infrastructure prioritization in Panama, then follows with a
description of the IPF in technical and implementation
terms. Next, we present the results of the pilot and close
with recommendations for implementing IPF to a wider set of projects. |
| format |
Report |
| author |
Marcelo, Darwin Mandri-Perrott, Cledan House, Schuyler |
| author_facet |
Marcelo, Darwin Mandri-Perrott, Cledan House, Schuyler |
| author_sort |
Marcelo, Darwin |
| title |
Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework |
| title_short |
Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework |
| title_full |
Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework |
| title_fullStr |
Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework |
| title_full_unstemmed |
Prioritizing Infrastructure Investments in Panama : Pilot Application of the World Bank Infrastructure Prioritization Framework |
| title_sort |
prioritizing infrastructure investments in panama : pilot application of the world bank infrastructure prioritization framework |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/04/26284078/prioritizing-infrastructure-investments-panama-pilot-application-world-bank-infrastructure-prioritization-framework http://hdl.handle.net/10986/24404 |
| _version_ |
1764456547671343104 |