Public Investment and Growth Multipliers in Low-Income African Countries: Institutional Dimensions and Reform Pathways

Key Points

• The research aims to understand how public investment influences economic growth in low-income African countries, focusing on institutional factors.
• Conducted a mixed methods approach to gather qualitative and quantitative data.
• Focused on Senegal as a key example of low-income African countries.
• Analyzed institutional, policy, and theoretical dynamics related to public investment.
• Identified significant growth multipliers associated with public investment in Senegal.
• Highlighted the importance of institutional factors in optimizing investment impacts.
• Provided recommendations for policy reforms based on the findings.