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Infrastructure and Economic Growth in Asia [electronic resource] / edited by John Cockburn, Yazid Dissou, Jean-Yves Duclos, Luca Tiberti.

Contributor(s): Cockburn, John [editor.] | Dissou, Yazid [editor.] | Duclos, Jean-Yves [editor.] | Tiberti, Luca [editor.] | SpringerLink (Online service).
Material type: materialTypeLabelBookSeries: Economic Studies in Inequality, Social Exclusion and Well-Being: Publisher: Cham : Springer International Publishing : Imprint: Springer, 2013Description: IX, 148 p. 19 illus., 15 illus. in color. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783319031378.Subject(s): Public finance | Development economics | Economic growth | Economics | Development Economics | Economic Growth | Public EconomicsAdditional physical formats: Printed edition:: No titleDDC classification: 338.9 Online resources: Click here to access online
Contents:
Introduction -- Infrastructure and Growth -- Approach -- China -- Pakistan -- Philippines -- Summary and conclusion.
In: Springer eBooksSummary: Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limits economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be an effective tool in fighting poverty reduction. 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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Introduction -- Infrastructure and Growth -- Approach -- China -- Pakistan -- Philippines -- Summary and conclusion.

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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 limits economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be an effective tool in fighting poverty reduction. 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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