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Infrastructure and Economic Growth in Asia

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Description

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.
Release date Australia
August 27th, 2016
Contributors
  • Edited by Jean-Yves Duclos
  • Edited by John Cockburn
  • Edited by Luca Tiberti
  • Edited by Yazid Dissou
Pages
148
Edition
Softcover reprint of the original 1st ed. 2013
Audience
  • Professional & Vocational
Illustrations
15 Illustrations, color; 4 Illustrations, black and white; IX, 148 p. 19 illus., 15 illus. in color.
Dimensions
155x235x9
ISBN-13
9783319377308
Product ID
25857711

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