Author/ Authors/ Presenter/ Presenters/ Panelists:

Natalia Ermasova, Governors State UniversityFollow

Location

D34000

Start Date

4-12-2019 10:40 AM

End Date

4-12-2019 11:10 AM

Other Presentation Disciplines:

Public Finance

Public Budgeting

Abstract

According to the WEF Global Competitiveness Report (2017), Germany’s infrastructure ranked eighth in the world. The public investment in Germany has increased significantly in last thirty years. The government gross fixed capital formation increased by 37% in 2018 in comparison to 1990 (German Finance Ministry, 2018). The government gross fixed capital formation in relation to nominal GDP (the investment-to-GDP ratio) was 2.6% in 2018, compared with 1.7% in 2001.These outstanding public infrastructure system and investment profiles are likely a consequences of the country’s healthy public finances, robust institutional framework, structural reforms, and continuous public investments to boost competitiveness.

The goal of this paper is to understand the country’s public infrastructure financing structures and processes to identify the linkages between the infrastructure financing practices and outcomes. The emerging themes found in this descriptive study is that Germany provides exceptional conditions for capital investments; institutional framework, healthy public finance, structural reform, and special investment and redemption fund that gave a boost to government investment.

Identify Grant

University Research Grant 2017-2018 academic year

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Apr 12th, 10:40 AM Apr 12th, 11:10 AM

Public Capital Budgeting in Germany

D34000

According to the WEF Global Competitiveness Report (2017), Germany’s infrastructure ranked eighth in the world. The public investment in Germany has increased significantly in last thirty years. The government gross fixed capital formation increased by 37% in 2018 in comparison to 1990 (German Finance Ministry, 2018). The government gross fixed capital formation in relation to nominal GDP (the investment-to-GDP ratio) was 2.6% in 2018, compared with 1.7% in 2001.These outstanding public infrastructure system and investment profiles are likely a consequences of the country’s healthy public finances, robust institutional framework, structural reforms, and continuous public investments to boost competitiveness.

The goal of this paper is to understand the country’s public infrastructure financing structures and processes to identify the linkages between the infrastructure financing practices and outcomes. The emerging themes found in this descriptive study is that Germany provides exceptional conditions for capital investments; institutional framework, healthy public finance, structural reform, and special investment and redemption fund that gave a boost to government investment.