世界银行：2026年公共投资作为催化剂：欧洲和中亚私人资本的涌入报告（英文版）

Public investment can be a powerful catalyst for private capital in Europe and Central Asia (ECA). Evidence shows that raising public investment by 1 percent of gross domestic product (GDP) lifts private investment by up to 2.2 percent over five years, provided there is adequate fiscal space and credible institutions. Where these are weak, the effect vanishes. Strengthening public investment management and reforming state-owned enterprises can markedly improve the effectiveness of public spen