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This paper provides a methodological tool to support the collection and preparation of standardized, comprehensive data regarding public spending on infrastructure services that can be rigorously compared across countries. Infrastructure is defined to cover six sectors: irrigation, energy (primarily power), transport, communication, wastewater management, and water supply. The guide is designed to provide a much richer and more complete measurement of infrastructure spending than the limited highly aggregated data currently available through the IMF Government Financial Statistics. Originally developed for Africa, the methodology is relevant and readily applicable to any developing country. With the aim of being as comprehensive as possible, the methodology covers central and sub-national government expenditures, non-budgetary vehicles (such as road funds), state-owned enterprises (SOEs), and public-private partnerships (PPPs). While the methodology focuses on collecting quantitative data on the level and composition of spending, this is complemented with qualitative data that provides the institutional context. Importantly, the methodology allows for cross-classification of infrastructure spending by purpose (power, roads, etc) and by function (operational versus capital spending). This guide provides practical guidance - including concepts, definitions, and classifications - for each of the three stages of work, namely: (i) pre-field, (ii) field, and (iii) back office.
Banks & Banking Reform --- Debt Markets --- Gross domestic products --- Infrastructure Economics and Finance --- Institutional mapping --- Macroeconomics and Economic Growth --- Public expenditure --- Public Sector Economics --- Public Sector Expenditure Policy --- Spending on public infrastructure --- State owned enterprises --- Transport Economics Policy & Planning
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This paper provides a methodological tool to support the collection and preparation of standardized, comprehensive data regarding public spending on infrastructure services that can be rigorously compared across countries. Infrastructure is defined to cover six sectors: irrigation, energy (primarily power), transport, communication, wastewater management, and water supply. The guide is designed to provide a much richer and more complete measurement of infrastructure spending than the limited highly aggregated data currently available through the IMF Government Financial Statistics. Originally developed for Africa, the methodology is relevant and readily applicable to any developing country. With the aim of being as comprehensive as possible, the methodology covers central and sub-national government expenditures, non-budgetary vehicles (such as road funds), state-owned enterprises (SOEs), and public-private partnerships (PPPs). While the methodology focuses on collecting quantitative data on the level and composition of spending, this is complemented with qualitative data that provides the institutional context. Importantly, the methodology allows for cross-classification of infrastructure spending by purpose (power, roads, etc) and by function (operational versus capital spending). This guide provides practical guidance - including concepts, definitions, and classifications - for each of the three stages of work, namely: (i) pre-field, (ii) field, and (iii) back office.
Banks & Banking Reform --- Debt Markets --- Gross domestic products --- Infrastructure Economics and Finance --- Institutional mapping --- Macroeconomics and Economic Growth --- Public expenditure --- Public Sector Economics --- Public Sector Expenditure Policy --- Spending on public infrastructure --- State owned enterprises --- Transport Economics Policy & Planning
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This paper examines how aid-for-trade programs can help to magnify the growth benefits that developing countries can reap from trade reform and global integration, with a special emphasis on the Caribbean region. The first part discusses various rationales for trade-related aid, viewed both as a compensatory scheme (aimed at cushioning the impact of revenue cuts and adjustment costs) and a promotion scheme (aimed at alleviating supply-side constraints). In the latter case, particular attention is paid to the role of infrastructure as a constraining factor on trade expansion. The second part discusses the relevance of aid-for-trade arguments for Caribbean countries and identifies a number of specific issues for the region. The third part illustrates the potential growth effects of aid-for-trade programs with simulation results for the Dominican Republic - a country where infrastructure indicators remain relatively weak. The results illustrate the potentially large growth benefits that a temporary and well-targeted aid-for-trade program can provide to countries of the region.
Balance of payments --- Capital formation --- Debt --- Debt Markets --- Distorted incentives --- Domestic products --- Economic growth --- Economic Theory & Research --- Emerging Markets --- Empirical evidence --- Environment --- Environmental Economics & Policies --- Expenditures --- Externalities --- Finance and Financial Sector Development --- Free Trade --- Intermediate goods --- International Economics and Trade --- Labor force --- Labor markets --- Macroeconomics and Economic Growth --- Private Sector Development --- Production costs --- Property rights --- Public goods --- Quotas --- Tax revenue --- Trade taxes --- Unemployment --- Welfare gains
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This paper examines how aid-for-trade programs can help to magnify the growth benefits that developing countries can reap from trade reform and global integration, with a special emphasis on the Caribbean region. The first part discusses various rationales for trade-related aid, viewed both as a compensatory scheme (aimed at cushioning the impact of revenue cuts and adjustment costs) and a promotion scheme (aimed at alleviating supply-side constraints). In the latter case, particular attention is paid to the role of infrastructure as a constraining factor on trade expansion. The second part discusses the relevance of aid-for-trade arguments for Caribbean countries and identifies a number of specific issues for the region. The third part illustrates the potential growth effects of aid-for-trade programs with simulation results for the Dominican Republic - a country where infrastructure indicators remain relatively weak. The results illustrate the potentially large growth benefits that a temporary and well-targeted aid-for-trade program can provide to countries of the region.
Balance of payments --- Capital formation --- Debt --- Debt Markets --- Distorted incentives --- Domestic products --- Economic growth --- Economic Theory & Research --- Emerging Markets --- Empirical evidence --- Environment --- Environmental Economics & Policies --- Expenditures --- Externalities --- Finance and Financial Sector Development --- Free Trade --- Intermediate goods --- International Economics and Trade --- Labor force --- Labor markets --- Macroeconomics and Economic Growth --- Private Sector Development --- Production costs --- Property rights --- Public goods --- Quotas --- Tax revenue --- Trade taxes --- Unemployment --- Welfare gains
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