Mariano Moszoro's Books

The Political Economy of GovTech

By: Arthur Silve,Mariano Moszoro

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The Political Economy of GovTech

By: Arthur Silve,Mariano Moszoro

The digitalization of public services, known as GovTech, can disrupt traditional mechanisms to promote economic development (for example, financial inclusion, education, and health care), improve the delivery of public services, and expedite development objectives. For GovTech to be successful in enhancing the public sector's efficiency, transparency, and inclusiveness, its design and implementation require that private interests be aligned with the overarching goal of a “citizen-oriented” digitalization. Because the interests of the state and private providers are often antagonistic, the social dividends from GovTech remain contingent on implementing the appropriate market structure through adequate property rights and regulatory oversight.

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International Monetary Fund

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ISBN 13

9798400246500

Transforming Public Finance Through GovTech

By: David Amaglobeli,Ruud A. de Mooij,Andualem Mengistu,Mariano Moszoro,Manabu Nose,Soheib Nunhuck,Sailendra Pattanayak,Lorena Rivero del Paso,Frankosiligi Solomon,Ms. Rebecca Sparkman,Hervé Tourpe,Gerardo Uña

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Transforming Public Finance Through GovTech

Digital divide across countries and within countries continues to persist and even increased when the quality of internet connection is considered. The note shows that many governments have not been able to harness the full potential of digitalization. Governments could play important role to facilitate digital adoption by intervening both on supply (investing in infrastructure) and demand side (increase internet affordability). The note also documents significant dividends from digital adoption for revenue collection and spending efficiency, and for outcomes in education, health and social safety nets. The note also emphasizes that digitalization is not a substitute for good governance and that comprehensive reform plans embedded in National Digital Strategies (NDS) combined with legal and institutional reforms are needed to ensure that governments can reap full benefits from digitalization and manage the risks appropriately.

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ISBN 13

9798400245480

Public Versus Private Cost of Capital with State-Contingent Terminal Value

By: Luciano Greco,Mariano Moszoro

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Public Versus Private Cost of Capital with State-Contingent Terminal Value

By: Luciano Greco,Mariano Moszoro

The economic debate underlines the reasons why discount rates of infrastructure projects should be similar, regardless the public or private source of financing, during the forecast period when flows are risky but predictable. In contrast, we show that the incompleteness of contracts between governments and private firms beyond the forecast period (i.e., when flows of net social benefits are state-contingent) entails expected terminal values that are systematically larger under government rather than private financing. This effect provides a new rationale for applying a lower discount rate in the assessment of projects under public financing as compared to private financing.

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International Monetary Fund

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ISBN 13

9798400235276

Internet Adoption Trends During COVID-19

By: David Amaglobeli,Mengfei Gu,Mariano Moszoro,Yue Zhou,Patricia L Escalante

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Internet Adoption Trends During COVID-19

By: David Amaglobeli,Mengfei Gu,Mariano Moszoro,Yue Zhou,Patricia L Escalante

This paper examines the common perception that internet adoption accelerated globally during the COVID-19 pandemic. The data show little evidence of a faster expansion of access to internet (extensive margin) across all country income groups but strong evidence of acceleration in the improvement in the quality of connectivity (intensive margin). The data also support that, despite a decline in internet prices over the past decade, affordability of digital services remains a concern for low-income developing countries.

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ISBN 13

9798400238857

The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

By: Mercedes García-Escribano,Ms. Tewodaj Mogues,Mariano Moszoro,Mauricio Soto

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The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

By: Mercedes García-Escribano,Ms. Tewodaj Mogues,Mariano Moszoro,Mauricio Soto

South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development potential ahead. To foster human and economic development, India has shown a strong commitment to the Sustainable Development Goals (SDG) Agenda. This paper focuses on the medium-term development challenges that South Asia, and in particular India, faces to ensure substantial progress along the SDGs by 2030. We estimate the additional spending needed in critical areas of human capital (health and education) and physical capital (water and sanitation, electricity, and roads). We document progress on these five sectors for India relative to other South Asian countries and discuss implications for policy and reform.

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International Monetary Fund

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ISBN 10

1616355654

ISBN 13

9781616355654

Estimating Digital Infrastructure Investment Needs to Achieve Universal Broadband

By: Edward Oughton,Mr. David Amaglobeli,Mr. Mariano Moszoro

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Estimating Digital Infrastructure Investment Needs to Achieve Universal Broadband

By: Edward Oughton,Mr. David Amaglobeli,Mr. Mariano Moszoro

We develop a detailed model to evaluate the necessary investment requirements to achieve affordable universal broadband. The results indicate that approximately $418 billion needs to be mobilized to connect all unconnected citizens globally (targeting 40-50 GB/Month per user with 95 percent reliability). The bulk of additional investment is for emerging market economies (73 percent) and low-income developing countries (24 percent). We also find that if the data consumption level is lowered to 10-20 GB/Month per user, the total cost decreases by up to about half, whereas raising data consumption to 80-100 GB/Month per user leads to a cost increase of roughly 90 percent relative to the baseline. Moreover, a 40 percent cost decrease occurs when varying the peak hour quality of service level from the baseline 95 percent reliability, to only 50 percent reliability. To conclude, broadband policy assessments should be explicit about the quantity of data and the reliability of service provided to users. Failure to do so will lead to inaccurate estimates and, ultimately, to poor broadband policy decisions.

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