Investment gaps in IDB borrowing countries

Arbeitspapier

We estimate public investment gaps in a sample of developing countries using a public investment demand function. We then use GDP per capita projections, forecasts of structural transformation, and three SDG targets (poverty, infant mortality and lower secondary school completion) to predict public investment needs in 2030 among IDB borrowing countries. Our estimates suggest that in 2014 the total public investment gap of IDB borrowers was close to $170 billion (3.1 percent of the Region's GDP) and that the gap is expected to surpass $717 billion (6.3 percent of the Region's GDP) by 2030 if the SDGs were to be reached.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Graduate Institute of International and Development Studies Working Paper ; No. HEIDWP03-2018

Classification and Topics

• Classification: Wirtschaft ; National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock ; National Debt; Debt Management; Sovereign Debt ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance ; Economywide Country Studies: Latin America; Caribbean
• Subject: Investment gaps ; Latin America ; SDG

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Castellani, Francesca ; Olarreaga, Marcelo ; Panizza, Ugo ; Zhou, Yue
• Event: Veröffentlichung
• (who): Graduate Institute of International and Development Studies
• (where): Geneva
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/201686