Abstract
Growth performance in developing economies has recently been quite impressive. In parallel, fiscal health has improved. These factors are driving public and private spending capacity in these economies.
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Notes
- 1.
This figure includes the following items: machinery and transport equipment; prefabricated buildings; sanitary, plumbing, heating and lighting fixtures and fittings, professional, scientific, and controlling instruments; and apparatus, photographic apparatus, equipment and supplies; and optical goods, watches, and clocks.
- 2.
Publicly procured machinery and equipment may sometimes be imported directly. In other cases, publicly procured domestic machinery and equipment may be aggregated in other figures for imported goods. To the author’s knowledge no country, developed or developing, reports the direct or indirect import of publicly procured machinery and equipment.
- 3.
Such as Cyprus, Estonia, Greece, Portugal, Slovak Republic, and Slovenia.
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Yülek, M.A. (2012). Public Expenditures on Machinery and Equipment in Developing Countries: A Potential Driver of Technological Development and Industrialization. In: Yülek, M., Taylor, T. (eds) Designing Public Procurement Policy in Developing Countries. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-1442-1_1
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DOI: https://doi.org/10.1007/978-1-4614-1442-1_1
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