While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at the ...

A debate is looming on the horizon about whether the EU's consolidated enlargement agenda can be made conditional on the Union's 'absorption capacity.' According to Bavarian Prime Minister Edmund ...

PAKISTAN has been less than successful in accessing international climate finance, and even less in implementing the approved projects in a timely or effective manner. Most projects at the na­­tional ...

Firms fund research and development (R&D) to generate commercializable innovations and to increase their ability to understand and absorb knowledge from elsewhere. This dual role and opposed incentive ...

A major challenge of economic development is implementing projects with high economic returns toward their proper completion. If that were an easily doable activity, few countries would be in poverty.

MANILA, Philippines - The Department of Budget and Management (DBM) is looking at how to improve the absorptive capacity of the different government agencies to maximize the early release of the ...