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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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Detail Information

Series Title

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Call Number

330 COC i

Publisher

Cham, Switzerland : Springer Nature., 2013

Collation

148 p.

Language

English

ISBN/ISSN

9783319031378

Classification

330

Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Development economics

Specific Detail Info

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Statement of Responsibility

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