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Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. A number of explanations of the contradictory findings have been proposed. These range from the crowd-out of private by...
Persistent link: https://www.econbiz.de/10012747990
The paper provides a first systematic, comprehensive benchmarking of South Africa's infrastructure performance in four major sectors - electricity, water and sanitation, information and communication technology, and transportation - against the relevant group of comparator countries using a new...
Persistent link: https://www.econbiz.de/10012748097
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure development on growth and income distribution. The theoretical...
Persistent link: https://www.econbiz.de/10012972738
Since South Africa held its first democratic elections in 1994, it has given significant attention to building an effective system of decentralization including provincial and local government. While provincial governments are responsible mainly for the implementation of social services such as...
Persistent link: https://www.econbiz.de/10012747938
The authors use a panel-data set for the period 1980-2002 to estimate demand for electricity and telecommunications services and project investment needs in South Africa through 2010 for two growth scenarios. Projections of average annual investment needs in electricity and telecommunications...
Persistent link: https://www.econbiz.de/10012748098
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The climate change challenge and the growth of the Islamic finance industry, together with the increase in socially responsible investing, could position green sukuk as a key instrument for financing clean energy and resilient infrastructure projects as well as shorter-term energy efficiency...
Persistent link: https://www.econbiz.de/10012906400
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With 70 percent of its population living in coastal areas and low-lying deltas, Vietnam is exposed to many natural hazards, including river and coastal flooding. These hazards are expected to worsen due to climate change, and the impacts of any change in hazard magnitude may be particularly...
Persistent link: https://www.econbiz.de/10012968642