Georgia
Cover -- CONTENTS -- GLOSSARY -- PREFACE -- EXECUTIVE SUMMARY -- I. TRENDS IN PUBLIC INVESTMENT -- A. Background -- B. Trends in Total Public Investment and Capital Stock -- C. Composition and Financing of Public Investment -- II. EFFICIENCY AND IMPACT OF PUBLIC INVESTMENT -- III. PUBLIC INVESTMENT MANAGEMENT INSTITUTIONS -- A. The PIMA Framework -- B. Investment Planning -- C. Investment Allocation -- D. Investment Implementation -- IV. CROSSCUTTING ISSUES -- A. Legal and Regulatory Framework -- B. IT Systems and Data Management -- C. Capacity Building -- BOXES -- 1. Government Platform 2016-20 Infrastructure Investments -- 2. GNERC WACC Calculation Inputs -- 3. Key Features of the PPP Law -- 4. Desirable Features of PC Monitoring -- 5. Definition of Capital Project Used in the Capital Projects Annex to the Budget -- FIGURES -- 0.1. Strength of Public Investment Management Institutions -- 1. Total Investment -- 2. Public Investment and Capital Stock -- 3. General Government Capital Stock -- 4. General Government Capital Stock per Capita 2011 -- 5. General Government Fiscal Balance -- 6. Composition of Public Spending -- 7. General Government Fiscal Balance -- 8. General Government Fiscal Balance and Gross Debt -- 9. PPP Capital Stock, Georgia and EMEs -- 10. PPP Capital Stock, Comparing Georgia with Peer Countries 2015 -- 11. Georgia, Composition of Public Investment by Functional Classification -- 12. EMEs Composition of Public Investment by Functional Classification -- 13. Composition of Public Investment Portfolio 2015-17 -- 14. Investment in Public Infrastructure Assets 2005-17 -- 15. Financing of Investment Spending by General Government 2009-17 -- 16. Perception of Infrastructure Quality, Comparison with Peers -- 17. Perception of Infrastructure Quality, Components for Georgia -- 18. Measures of Infrastructure Access.