Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/201686 
Year of Publication: 
2018
Series/Report no.: 
Graduate Institute of International and Development Studies Working Paper No. HEIDWP03-2018
Publisher: 
Graduate Institute of International and Development Studies, Geneva
Abstract: 
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.
Subjects: 
Investment gaps
Latin America
SDG
JEL: 
H54
H63
O16
O54
Document Type: 
Working Paper

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