Philippines
Cover -- CONTENTS -- ACRONYMS -- PREFACE -- EXECUTIVE SUMMARY -- I. INTRODUCTION -- II. PUBLIC INVESTMENT IN THE PHILIPPINES: CONTEXT -- A. Trends in Public Investment and Capital Stock -- B. Composition of Public Investment -- III. IMPACT AND EFFICIENCY OF PUBLIC INVESTMENT -- A. Public Investment Impact -- B. Public Investment Efficiency -- IV. PUBLIC INVESTMENT MANAGEMENT ASSESSMENT -- A. Public Investment Management Assessment Framework -- B. Planning Sustainable Levels of Public Investment -- C. Allocating Investments to the Right Sectors and Projects -- D. Delivering Productive and Durable Public Assets -- V. RECOMMENDATIONS -- BOXES -- 4.A. Ex-Ante Fiscal Assessment Processes for Investment Projects -- 4.B. Approaches to Broadening Infrastructure Governance -- 4.C. Axle Load Control -- 4.D. Chile: Ex-Post Reviews of Projects -- 4.E. Project Cost Breakdown -- 5.A. Malaysia Project Monitoring System -- FIGURES -- 0.A. Institutional Strength of Public Investment Management -- 0.B. Effectiveness of Public Investment Management -- 2.A. General Government Investment -- 2.B. General Government Capital Stock -- 2.C. 2015 Public Capital Stock per Capita -- 2.D. Central Government Balance and Gross Debt -- 2.E. Public Investment and Private Investment -- 2.F. Public Investment and GDP Growth -- 2.G. Public Investment by Function -- 2.H. EME: Public Investment by Functions -- 2.I. Capital Spending by Level of Government -- 2.J. Public-Private Partnerships' Capital Stock -- 2.K. Public-Private Partnerships' Capital Stock Relative to Regional Economies -- 3.A. Perceived Infrastructure Quality -- 3.B. Volume of Infrastructure per Capita -- 3.C. Public Investment Efficiency -- 3.D. Execution of Capital Expenditure -- 3.E. Investment Volatility -- 4.A. The PIMA Framework -- TABLES -- 0.A. Summary Assessment -- 0.B. Action Plan.