Assessing the impact of transparency in public investment management

Abstract

The performance of public investment projects is also influenced by the way in which the transparency is realized of each component process. Transparency requirements in public investment project management have increased significantly, as the number of individuals and organizations concerned has grown steadily. Even though some public organizations have made important steps in streamlining investment processes, there are still a large number of those who either have failed in the communication process. The paper identifies the main effects of the transparency process in investment management and analyzes their contribution to increasing the performance of public investment. JEL CLASSIFICATION: R 130