Public Investment Payoff Not Necessarily About Efficiency

While many economists would argue public investment projects in highly efficient countries have a greater impact on growth, recent research by some IMF economists shows that’s not necessarily the case. In this podcast we speak with the IMF’s Andy Berg, who suggests the impact on growth from public investment spending is similar in both high and low-efficiency countries.  Contributors: Andy Berg, a Deputy Director in the IMF’s Institute for Capacity Development