Capital Expenditures : Making Public Investment Work for Competitiveness and Inclusive Growth in Moldova

Coulibaly, Karen Stephanie ; Diagne, Mame Fatou

World Bank, Washington, DC

关键词: ACCOUNTABILITY;    AFFILIATED ORGANIZATIONS;    ALLOCATION;    BANK POLICY;    BUDGET ALLOCATION;   

RP-ID  :  89228

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Moldova faces the challenge of meetingconsiderable public investment needs while preserving fiscalsustainability. With a rapidly aging population, highemigration, structural imbalances, and vulnerability toexternal shocks, Moldova will need to raise investment,productivity, and exports in order to achieve sustainedgrowth and competitiveness. The World Bank's recentlypublished Moldova public expenditure review (PER) focuses oncapital expenditures and recommends reforms in publicinvestment management and sector policies to raise costeffectiveness and allocative efficiency. Analyses for thePER were conducted using the BOOST public expendituredatabase developed by the World Bank. It providesrecommendations for improving effectiveness and to enhanceMoldova's competitiveness and achieve sustainedinclusive economic growth.