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Infrastructure and Economic Growth in Asia

Author: Yazid4aut Dissou; John M 4aut Cockburn; Jean-Yves4aut Duclos; Luca4aut Tiberti
Publisher: S.l. Springer 2013
Edition/Format:   Computer file : No Linguistic Content
Summary:
Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been  Read more...
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Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Yazid4aut Dissou; John M 4aut Cockburn; Jean-Yves4aut Duclos; Luca4aut Tiberti
ISBN: 9783319031361 3319031368 9783319031378 3319031376
OCLC Number: 960767838
Language Note: English
Description: 1 Online-Ressource (1 electronic resource (148 p.))

Abstract:

Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries

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