Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management

Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management

This Seventh Edition of the Uganda Economic Update discusses the importance of accompanying fiscal strategy with sound public investment management systems. Indeed, a key risk to Uganda's fiscal strategy relates to the potential for public inv...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
CAPITAL INFRASTRUCTURE
ECONOMIC GROWTH RATE
FISCAL STRATEGY
INTERSTATE HIGHWAY NETWORK
PUBLIC INVESTMENT MANAGEMENT
STRUCTURAL TRANSFORMATION
Online Access:http://documents.worldbank.org/curated/en/2016/06/26431781/smart-budgets-smart-returns-unleashing-power-public-investment-management
http://hdl.handle.net/10986/24754
id okr-10986-24754
recordtype oai_dc
spelling okr-10986-247542021-05-25T09:52:51Z Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management World Bank CAPITAL INFRASTRUCTURE ECONOMIC GROWTH RATE FISCAL STRATEGY INTERSTATE HIGHWAY NETWORK PUBLIC INVESTMENT MANAGEMENT STRUCTURAL TRANSFORMATION This Seventh Edition of the Uganda Economic Update discusses the importance of accompanying fiscal strategy with sound public investment management systems. Indeed, a key risk to Uganda's fiscal strategy relates to the potential for public investments to fail to yield the expected growth and welfare dividend. Over the past decade, for every dollar invested in Uganda’s capital infrastructure, only seven-tenth of a dollar has been generated. This is far below countries that have successfully undergone structural transformation. As an example, every dollar invested in the development of the interstate highway network in the United States of America between 1954 and 2001, generated six dollars’ worth of economic activity. In other words, Uganda's public investments are falling short of generating the desired economic return. The good news is that by improving public investment management, Uganda can greatly increase her economic growth rate and social impact of her investment strategy. 2016-08-02T15:56:11Z 2016-08-02T15:56:11Z 2016-04 Report http://documents.worldbank.org/curated/en/2016/06/26431781/smart-budgets-smart-returns-unleashing-power-public-investment-management http://hdl.handle.net/10986/24754 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 Updates and Modeling Economic & Sector Work Africa Uganda
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 CAPITAL INFRASTRUCTURE
ECONOMIC GROWTH RATE
FISCAL STRATEGY
INTERSTATE HIGHWAY NETWORK
PUBLIC INVESTMENT MANAGEMENT
STRUCTURAL TRANSFORMATION
spellingShingle CAPITAL INFRASTRUCTURE
ECONOMIC GROWTH RATE
FISCAL STRATEGY
INTERSTATE HIGHWAY NETWORK
PUBLIC INVESTMENT MANAGEMENT
STRUCTURAL TRANSFORMATION
World Bank
Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management
geographic_facet Africa
Uganda
description This Seventh Edition of the Uganda Economic Update discusses the importance of accompanying fiscal strategy with sound public investment management systems. Indeed, a key risk to Uganda's fiscal strategy relates to the potential for public investments to fail to yield the expected growth and welfare dividend. Over the past decade, for every dollar invested in Uganda’s capital infrastructure, only seven-tenth of a dollar has been generated. This is far below countries that have successfully undergone structural transformation. As an example, every dollar invested in the development of the interstate highway network in the United States of America between 1954 and 2001, generated six dollars’ worth of economic activity. In other words, Uganda's public investments are falling short of generating the desired economic return. The good news is that by improving public investment management, Uganda can greatly increase her economic growth rate and social impact of her investment strategy.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management
title_short Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management
title_full Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management
title_fullStr Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management
title_full_unstemmed Uganda Economic Update, April 2016 : Unleashing the Power of Public Investment Management
title_sort uganda economic update, april 2016 : unleashing the power of public investment management
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/06/26431781/smart-budgets-smart-returns-unleashing-power-public-investment-management
http://hdl.handle.net/10986/24754
_version_ 1764457444794171392

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