Resilient public investment: Post-Covid economic recovery in LAC

This factsheet presents findings from an analysis of 14 Latin American countries (Chile, Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Mexico, Panama, Paraguay, Peru, Dominican Republic, Uruguay) to document their National Public Investment Systems' (SNIP) response to the pandemic, as well as to draw recommendations and lessons-learned for stimulating economic recovery in a resilient manner.

According to this brief, the fundamental principles of resilient public investment include:

• Develop a long-term risk-informed strategic vision for public investments and future development, with a strong focus on achieving synergies in the field of DRM and CCA.
• Strengthen coordination and multi-sector collaboration.
• Strategically manage existing public assets to extend their useful life.
• Use technical and transparent criteria to prioritize investments. 
• Develop and diversify methodologies for determining social profitability of an investment. 
• Consider private participation to revive public investment. 
• Ensure transparent, systemic, and effective stakeholder participation.