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Infrastructure and Economic Growth in Asia
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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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  1. 36 - pdf (CC BY-NC) at OAPEN Library.
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Keywords

  • Antiques & collectables
  • Business & management
  • Business strategy
  • China
  • Development economics
  • Development economics & emerging economies
  • economic growth
  • Economics
  • Economics, finance, business & management
  • Growth
  • Industry & industrial studies
  • Infrastructure
  • Investment
  • Lifestyle, sport & leisure
  • Manufacturing industries
  • Pakistan
  • Philippines
  • Public economics

Links

DOI: 10.1007/978-3-319-03137-8
web: https://link.springer.com/book/10.1007/978-3-319-03137-8

Editions

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