Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …

This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs …). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs …, even though large gaps remain compared to emerging markets. Infrastructure in LIDCs is largely provided by the public …

This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking … the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and … and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure …