Peru - Recent Economic Development in Infrastructure : Volume1. Investing in Infrastructure as an Engine for Growth - Spending More, Faster and Spending Better

This report provided the Government of Peru with a comprehensive strategic assessment of three key infrastructure sectors: water/sanitation, transport and electricity, and to propose selected recommendations on how the Government could improve the performance of these sectors. Peru's public expenditure framework shows some rigidities, a number of which were introduced when fiscal resources were scarce or, more recently, because of concerns about a possible risk of inflation. The implementation of the stimulus package has required a laborious transition to remove bottlenecks to faster public spending, sometimes at the risk of affecting the mechanisms that help ensure the quality of public expenditures. The Peruvian authorities have been able to accelerate public investments in infrastructure but little thinking has been dedicated to improving the efficiency and effectiveness of such investments. The report concludes that Peru should focus on: prioritizing infrastructure investments through improved planning, promoting efficiency in infrastructure delivery, enhancing sub-national governments' capacity with respect to infrastructure, and leveraging the participation of the private sector.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2010-12
Subjects:	ACCESS TO INFRASTRUCTURE, ACCESS TO SAFE WATER, ACCOUNTING, AIR, AIR FREIGHT, AIRPORT, AIRPORT CONCESSION, AIRPORT INFRASTRUCTURE, AIRPORTS, ASSET MANAGEMENT, ASSET REPLACEMENT, AVERAGE TARIFFS, BASIC SERVICES, BOTTLENECKS, BRIDGE, BUDGET EXECUTION, CAPACITY BUILDING, CAPITAL EXPENDITURES, CAPITAL FLOWS, CAR, CAR ACCIDENTS, CAR USERS, CARGO, CASH FLOW, CITIES, COMMERCIALIZATION, COMMUNITIES, CONCESSION, CONCESSION PROJECTS, CONCESSIONS, CONSUMPTION OF ELECTRICITY, CONTAINER TRAFFIC, COST RECOVERY, COSTS OF TRANSPORTATION, ECONOMIC BENEFITS, ECONOMIC DEVELOPMENT, ECONOMIC EVALUATION, ECONOMIC GROWTH, ECONOMIC PERFORMANCE, ECONOMIC RECOVERY, ECONOMIC TRANSACTIONS, EFFICIENCY OF INFRASTRUCTURE, EFFICIENT TRANSPORTATION, ELECTRICITY DISTRIBUTION, ELECTRICITY GENERATION, ELECTRICITY PRICES, ELECTRICITY SECTOR, ELECTRICITY SERVICES, ELECTRICITY SUPPLY, ELECTRICITY TARIFF, ELECTRICITY TARIFFS, EMPLOYMENT, END USERS, ENVIRONMENTAL REGULATIONS, FISCAL BALANCE, FISCAL DECENTRALIZATION, FOREIGN FIRMS, FOREIGN INVESTMENTS, FOREIGN INVESTORS, FREIGHT, FREIGHT COSTS, FREIGHT TRAFFIC, FUEL, GENERATION, HIGH TRANSPORTATION, HOUSING, INFLATION, INFRASTRUCTURE ASSETS, INFRASTRUCTURE DEVELOPMENT, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE INVESTMENTS, INFRASTRUCTURE MANAGEMENT, INFRASTRUCTURE PLANNING, INFRASTRUCTURE POLICIES, INFRASTRUCTURE PROJECTS, INFRASTRUCTURE SECTOR, INFRASTRUCTURE SERVICES, INFRASTRUCTURE SPENDING, INFRASTRUCTURES, INTERGOVERNMENTAL TRANSFERS, INTERNATIONAL INVESTORS, INVESTMENT CLIMATE, INVESTMENT GRADE, INVESTMENT PROGRAM, LOCAL GOVERNMENTS, LOGISTICS CHAINS, LOGISTICS COSTS, MAINTENANCE COSTS, MAINTENANCE EXPENDITURES, MAINTENANCE OF INFRASTRUCTURE, MARGINAL COSTS, MINISTRY OF TRANSPORT, MODERN TRANSPORT, MUNICIPALITIES, NATIONAL GOVERNMENTS, PHYSICAL INFRASTRUCTURES, PORT SERVICES, POWER, POWER SECTOR, PRICE LEVEL, PRIVATE FINANCING, PRIVATE PROVIDERS, PRIVATE SECTOR, PRIVATE SECTOR PARTICIPATION, PRIVATIZATION, PUBLIC, PUBLIC ASSETS, PUBLIC EXPENDITURE, PUBLIC EXPENDITURES, PUBLIC INVESTMENT, PUBLIC INVESTMENTS, PUBLIC SECTOR, PUBLIC SPENDING, QUALITY OF TRANSPORT, QUALITY OF TRANSPORT SERVICES, QUALITY OF TRANSPORTATION, RAILROAD, RAILROADS, RAILWAY, REGIONAL INFRASTRUCTURE, REGULATORY FRAMEWORK, RESIDENTIAL CONSUMERS, ROAD ACCIDENTS, ROAD INFRASTRUCTURE, ROAD MAINTENANCE, ROAD NETWORK, ROAD SAFETY, ROAD SECTOR, ROAD STANDARDS, ROAD TRAFFIC, RURAL INFRASTRUCTURE, RURAL POPULATION, RURAL ROADS, SAFETY, SANITATION, SANITATION SECTOR, SANITATION SERVICES, SCHOOLS, SERVICE PROVIDERS, SUB-NATIONAL GOVERNMENTS, TARIFF STRUCTURE, TOLL, TOLL ROAD, TRANSIT, TRANSPORT, TRANSPORT CORRIDORS, TRANSPORT INFRASTRUCTURE, TRANSPORT INFRASTRUCTURES, TRANSPORT SECTOR, TRANSPORTATION, TRANSPORTATION COSTS, TRANSPORTATION FACILITIES, TRANSPORTATION INFRASTRUCTURE, TRANSPORTATION NETWORK, TRANSPORTATION SERVICES, URBAN AREAS, URBAN CENTERS, URBAN POPULATION, URBAN SANITATION, URBANIZATION, WASTE, WATER INFRASTRUCTURE, WATER PRICES, WATER SERVICE, WATER SERVICES, WATER SUPPLY, WATER TARIFFS, WATER UTILITIES, WEALTH,
Online Access:	http://documents.worldbank.org/curated/en/2010/12/16278201/peru-recent-economic-development-infrastructure-investing-infrastructure-engine-growth-spending-more-faster-spending-better-vol-1-2 https://hdl.handle.net/10986/12501
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