Item Infomation


Title: 
Infrastructure and Economic Growth in Asia
Authors: 
Cockburn, John
Issue Date: 
2013
Publisher: 
Springer Cham
Abstract: 
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.
Description: 
License: CC BY-NC
URI: 
https://link.springer.com/book/10.1007/978-3-319-03137-8
https://dlib.phenikaa-uni.edu.vn/handle/PNK/9543
ISBN: 
978-3-319-03137-8
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