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The Public Investment Management index captures different ex ante and ex post dimensions of various stages of the investment process. It is a composite index of the efficiency of the public investment management process for 71 countries. It records the quality and efficiency of the investment process across four consecutive stages: project appraisal, selection, implementation and evaluation. The index allows for benchmarking against the performance of different country groups and across regions, and provides a new dataset that could be utilized for cross-country analysis.
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