Search results for " private investment"

showing 3 items of 3 documents

Project Management in the Port Development Project in Latvia

2016

Paper analyse case study of performance and compliance audit in the port development project in Latvia. Author has participated in the audit process evaluating project management application practical approach in the project implemented by the Riga Freeport Authority and co-funded by the Cohesion Fund “Development of Infrastructure on Krievu Island for the Transfer of Port Activities from the City Centre”. Despite the mass media reports that the Riga Freeport Authority has successfully completed the project, only the construction phase of the project has been completed. During the following two years the stevedore activity must be transferred to the newly built port infrastructure on Krievu…

H43 - Project Evaluation ; Social Discount RateR11 - Regional Economic Activity: Growth Development Environmental Issues and ChangesR42 - Government and Private Investment Analysis ; Road Maintenance ; Transportation PlanningO22 - Project Analysis
researchProduct

The macroeconomic effects of public investment: Evidence from advanced economies

2015

This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting ou…

MacroeconomicsEconomics and EconometricsInvestment strategymedia_common.quotation_subjectGross private domestic investmentPublic policyMonetary economicsForeign direct investmentGrowthDebtSupply and demandDebtReturn on investment0502 economics and businessEconomics050207 economicsOpen-ended investment companyInvestment performancePublic investmentGeneral Environmental Sciencemedia_common050208 finance05 social sciencesEconometric models;Developed countries;Public investment;Infrastructure;OECD;Fiscal policy;Time series;Growth Debt investment private investment capital Demand and Supply Energy and the Macroeconomy Government Policy Debt.Investment (macroeconomics)Fiscal policyEconometric modelUnemploymentGeneral Earth and Planetary SciencesUmbrella fundPublic financeFiscal policy
researchProduct

Fiscal policy discretion, private spending and crises episodes

2011

In this paper, we assess the impact of fiscal policy discretion on economic activity in the short and medium-term. Using a panel of 132 countries from 1960 to 2008, we find that fiscal policy discretion provides a net stimulus to the economy in the short-run and crowding-in effects are amplified once crisis episodes are controlled for– in particular, banking crises - giving a great scope for fiscal policy stimulus packages. However, crowding-out effects take over in the long-run – especially, in the case of debt crises -, in line with the concerns about long-term debt sustainability.

Settore SECS-P/02 Politica EconomicaFiscal policy discretion GDP growth private consumption private investment crowding-in crowding-out.
researchProduct