Public Investment Management in the New EU Member States : Strengthening Planning and Implementation of Transport Infrastructure Investments download ebook

Public Investment Management in the New EU Member States : Strengthening Planning and Implementation of Transport Infrastructure Investments. Bernard Myers

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Author: Bernard Myers
Number of Pages: 40 pages
Published Date: 15 Mar 2009
Publisher: World Bank Publications
Publication Country: Washington, United States
Language: English
ISBN: 9780821378946
File Name: Public.Investment.Management.in.the.New.EU.Member.States.Strengthening.Planning.and.Implementation.of.Transport.Infrastructure.Investments.pdf
Download Link: Public Investment Management in the New EU Member States Strengthening Planning and Implementation of Transport Infrastructure Investments
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This paper describes the characteristics of public investment management (PIM) in seven EU countries as it applies to a single sector-transport infrastructure. The report highlights some of the common challenges that four relatively new EU member states-Poland, Slovakia, Slovenia, and Latvia - face as they plan and execute their transport infrastructure projects. It recognizes the importance that EU - mandated processes and procedures have in shaping national systems in the new member states (NMS), but the report finds that actual practices often fall short of EU goals due to capacity constraints, weak institutional structures, and other factors. The experiences of the NMS are compared with those of more developed economies (namely Spain, the UK, and Ireland) to assess whether the later countries have faced similar challenges in managing public investment, and if so, what measures they have adopted to overcome them.

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