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dc.titlePublic Asset Management Maturity Assessment
dc.contributor.authorGarcía Mejía, Mauricio
dc.contributor.authorAguirre De Mora, Florencia
dc.contributor.authorBrankevich, Paula
dc.contributor.authorRoseth, Benjamin
dc.contributor.authorNaranjo Bautista, Sandra
dc.contributor.orgunitInstitutional Capacity of the State Division
dc.contributor.orgunitInstitutions for Development Sector
dc.coverageLatin America
dc.date.available2024-10-16T00:10:00
dc.date.issue2024-10-16T00:10:00
dc.description.abstractThis document presents a framework for the Assessment of Public Asset Management Maturity, which allows for an accurate diagnose of the degree of development of public asset management in countries. The fundamentals of efficient public asset management include coherent policies and regulatory frameworks, clearly defined leadership, formalized and continually improved standard operating procedures, adequate organizational structures, sufficient and stable financing, and appropriate technological resources to support the activities. In turn, systems must have complete and updated information to provide a complete characterization of available assets, detail and control the risk of decisions made about them and develop indicators to measure results and assign responsibilities. Finally, strategic plans are needed to take a long-term view of the asset portfolio and individual assets. This diagnosis and the ideal of where the organization wants to be in the future are the basis for developing an improvement plan, monitoring progress, and achieving the objective of modernizing the management of public assets to maximize the socioeconomic value they generate.
dc.format.extent38
dc.identifier.doihttp://dx.doi.org/10.18235/0013203
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Public-Asset-Management-Maturity-Assessment.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Evaluacion-de-la-madurez-de-la-gestion-de-activos-publicos.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/portuguese/document/Avaliacão-de-maturidade-da-gestão-de-ativos-publicos.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectStranded Asset
dc.subjectAsset Management
dc.subjectInvestment
dc.subjectLeadership
dc.subjectPublic Sector
dc.subjectPublic Administration
dc.subjectInfrastructure Development
dc.subjectTransparency and Anticorruption
dc.subjectTax Reform
dc.subjectRegulation
dc.subjectDigital Transformation
dc.subjectSustainability
dc.subjectEconomy
dc.subjectFinance
dc.subjectEconomic Development
dc.subject.jelcodeB40 - Economic Methodology: General
dc.subject.jelcodeD24 - Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity
dc.subject.jelcodeD73 - Bureaucracy • Administrative Processes in Public Organizations • Corruption
dc.subject.jelcodeE22 - Investment • Capital • Intangible Capital • Capacity
dc.subject.jelcodeG12 - Asset Pricing • Trading Volume • Bond Interest Rates
dc.subject.jelcodeH27 - Other Sources of Revenue
dc.subject.jelcodeH11 - Structure, Scope, and Performance of Government
dc.subject.jelcodeH54 - Infrastructures • Other Public Investment and Capital Stock
dc.subject.jelcodeH82 - Governmental Property
dc.subject.jelcodeH83 - Public Administration • Public Sector Accounting and Audits
dc.subject.jelcodeL85 - Real Estate Services
dc.subject.jelcodeL23 - Organization of Production
dc.subject.jelcodeM41 - Accounting
dc.subject.jelcodeM42 - Auditing
dc.subject.jelcodeM48 - Government Policy and Regulation
dc.subject.jelcodeO43 - Institutions and Growth
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeP48 - Political Economy • Legal Institutions • Property Rights • Natural Resources • Energy • Environment • Regional Studies
dc.subject.jelcodeR53 - Public Facility Location Analysis • Public Investment and Capital Stock
dc.subject.keywordspublic asset management;real estate management;Economic Development;public management;revenue;Infrastructure;government property;public administration;public sector accounting;asset pricing;infrastructure funds;public investment;economic growth;asset planning;strategic planning;land development;reform;digital transformation;transparency;service delivery;cost cutting;Sustainability;environmental footprint of government;fiscal sustainability;balance sheet;strategic asset management;management model;innovations in public management;Latin America and the Caribbean;methodologies;assessment;maturity;institutional capacity
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-03010
idb.operationEC-T1521
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