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The Fundamental Institutional Pillars of an Efficient Capital Budgeting System: The Case of Chile

Author

Listed:
  • Glenn P. Jenkins

    (Queen’s University, Canada and Eastern Mediterranean University, North Cyprus)

  • Edgardo S. Mimica

    (Faculty of Engineering, University Adolfo Ibanez, Chile)

Abstract

This report has described and analyzed the key features of the National Investment System of Chile. It is in many ways the “gold standard” for both developing and developed countries, and it is the model that a number of other countries, such as Peru, Colombia and Mexico, are attempting to implement.

Suggested Citation

  • Glenn P. Jenkins & Edgardo S. Mimica, 2010. "The Fundamental Institutional Pillars of an Efficient Capital Budgeting System: The Case of Chile," Development Discussion Papers 2010-03, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:275
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    More about this item

    Keywords

    Capital budgeting; public funds; strategic planning; policy priority; project portfolio; project analysis; pre-feasibility study; feasibility study; Chile;
    All these keywords.

    JEL classification:

    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • P35 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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