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This paper investigates public investment policy (mainly from the 1980s onwards) with a political-economic approach. The points of this paper are as follows. First, at the macro level, it is possible that the short-term fluctuation of public investment has been controlled by the government...
Persistent link: https://www.econbiz.de/10009365471
Counter factual policy simulations of sustained increase in public investment in infrastructure, financed through … infrastructure, which is 0.5% of GDP and 2.7% of total govt. revenue in 2000-03, can accelerate the real macro economic growth by 1 … extent, the steepest decline being for infrastructure price. Further, this increase in income will lead to 0.7% reduction in …
Persistent link: https://www.econbiz.de/10009365461
) infrastructure, which includes power, transport, communication and construction and (d) services sector, covering all other … infrastructure are undertaken to illustrate the usefulness of the model for analyzing the policy options in a simultaneous equations … significant structural shifts in production from agriculture to infrastructure and services in the Indian economy. The estimated …
Persistent link: https://www.econbiz.de/10009365472
international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and … infrastructure make it easier for people to exchange goods and services and to increase income by allowing specialization, economies … constitutes a challenge. However, the answer should not be to eschew opening up the economy or building infrastructure, but to do …
Persistent link: https://www.econbiz.de/10011134362
international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and … infrastructure make it easier for people to exchange goods and services and to increase income by allowing specialization, economies … constitutes a challenge. However, the answer should not be to eschew opening up the economy or building infrastructure, but to do …
Persistent link: https://www.econbiz.de/10011134394
connectivity. The paper is specifically concerned with the role of cross-border transport infrastructure investments. To this end …. Missing gaps and corresponding transport infrastructure projects are identified, and projects are screened and prioritized …
Persistent link: https://www.econbiz.de/10011278098
Creating the framework for cross-border infrastructure cooperation often requires the active role of a third … infrastructure. Hence, the authors argue that “deep†EU-style integration is an enabling but not a strictly necessary condition … for successful implementation of cross-border infrastructure projects. The authors take issue with the myth that …
Persistent link: https://www.econbiz.de/10009653150
Creating the framework for cross-border infrastructure cooperation often requires the active role of a third … infrastructure. Hence, the authors argue that “deep†EU-style integration is an enabling but not a strictly necessary condition … for successful implementation of cross-border infrastructure projects. The authors take issue with the myth that …
Persistent link: https://www.econbiz.de/10009653177
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...
Persistent link: https://www.econbiz.de/10009653180
Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...
Persistent link: https://www.econbiz.de/10009653200