Infrastructure and Economic Growth in Asia
Produktnummer:
18c973662876e0467787a577a68d78a87e
| Themengebiete: | China Growth Infrastructure Investment Pakistan Philippines |
|---|---|
| Veröffentlichungsdatum: | 18.12.2013 |
| EAN: | 9783319031361 |
| Sprache: | Englisch |
| Seitenzahl: | 148 |
| Produktart: | Gebunden |
| Herausgeber: | Cockburn, John Dissou, Yazid Duclos, Jean-Yves Tiberti, Luca |
| Verlag: | Springer International Publishing |
Produktinformationen "Infrastructure and Economic Growth in Asia"
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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