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Infrastructure and Economic Growth in Asia
John Cockburn
Yazid Dissou
Jean-Yves Duclos
Luca Tiberti
出版
Springer
, 2013-12-05
主題
Business & Economics / Development / General
Business & Economics / Development / Economic Development
Business & Economics / Public Finance
Business & Economics / Economics / General
ISBN
3319031376
9783319031378
URL
http://books.google.com.hk/books?id=gXm5BQAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
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.