more favourable loan package; that it is associated with over-investment even when investment does not create collateral …

facilitated by improving connectivity through increased investment in connecting infrastructure such as transport and … considers how infrastructure investment in large and connecting projects could help to rebalance and sustain growth in the …

capital (investment network). For each network, we document a declining fraction of production by goods sectors and a rising … investment production are substitutes, rather than strong complements as suggested by existing work. Hence, resources … endogenously reallocate toward the fastest growing producers of investment. Growth accounting exercises demonstrate that investment …

The paper analyses adverse investment, growth and distributional effects of ultra-loose monetary policies based on the … substitute real investment by financial investment. When interest rates are expected to fall in the long term, the marginal and …