| Infrastructure and Economic Growth in Asia Softcover Repri Edition Contributor(s): Cockburn, John (Editor), Dissou, Yazid (Editor), Duclos, Jean-Yves (Editor) |
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ISBN: 3319377302 ISBN-13: 9783319377308 Publisher: Springer OUR PRICE: $56.99 Product Type: Paperback - Other Formats Published: August 2016 |
| Additional Information |
| BISAC Categories: - Business & Economics | Development - Economic Development - Business & Economics | Public Finance |
| Dewey: 336 |
| Series: Economic Studies in Inequality, Social Exclusion and Well-Be |
| Physical Information: 0.34" H x 6.14" W x 9.21" (0.51 lbs) 148 pages |
| Descriptions, Reviews, Etc. |
| Publisher 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. |