covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … investment and income distribution is weak. …

Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …