Public Investment Management in the EU Key Features and Practices

Cristiana Manescu

No 154, European Economy - Discussion Papers from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: The paper addresses the fundamental question of what makes public investment management efficient. It defines public investment as tangible and intangible fixed assets plus ordinary maintenance and repairs and distinguishes the following salient phases: strategic planning, project selection, medium-term budgeting, implementation and ex-post reviews. For each of these phases, the paper provides some examples of good practice in the EU, complemented with insights from the implementation of EU cohesion policy. Finally, the paper identifies significant data gaps both within and across EU countries.

JEL-codes: H3 H41 H54 H82 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2021-12
New Economics Papers: this item is included in nep-pbe and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:euf:dispap:154

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