Showing 1 - 10 of 272
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation … of the Asian Infrastructure Investment Bank and other so-called 'infrastructure investment platforms' are an attempt to … infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience …
Persistent link: https://www.econbiz.de/10012996096
Family remittances are important for El Salvador's economy. This paper analyzes the impact of remittances on El Salvador's economy and the spillover effects on the other Central American countries. A vector autoregression (VAR) model is formulated, consisting of real and monetary variables. The...
Persistent link: https://www.econbiz.de/10012779101
efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure …, in light of past investment trends and various quality and quantity indicators. Brazil's infrastructure stock and its …Infrastructure bottlenecks have been identified as a key obstacle to growth affecting productivity and market …
Persistent link: https://www.econbiz.de/10013015602
While Brazil's deep recession has been broad based, it has been marked by a particularlylarge fall in investment. Real … factors contributed tothe investment decline, including a deterioration in Brazil's medium-term growthprospects, rising real …
Persistent link: https://www.econbiz.de/10012928618
eligibility rule of the Bolsa Familia program in Brazil, one of the oldest and largest conditional cash transfers in the world, to …
Persistent link: https://www.econbiz.de/10012828218
-private partnerships (PPPs). We show that infrastructure projects carried out through local government financing vehicles (LGFVs) were …
Persistent link: https://www.econbiz.de/10012977776
Public-private partnerships (PPPs) have increased rapidly in emerging and developing countries, creating both opportunities and fiscal challenges. One of the main challenges is that while governments have increased commitments in guarantees and direct subsidies to promote PPPs, contractual...
Persistent link: https://www.econbiz.de/10012928626
unemployment with efficiency wages. Typically P3s cost more but produce higher-quality infrastructure and boast a better on …, underinvestment in infrastructure, unemployment and poverty. The asymmetric impact on macro externalities raises the social return in …
Persistent link: https://www.econbiz.de/10012982430
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 …
Persistent link: https://www.econbiz.de/10013085619
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 …
Persistent link: https://www.econbiz.de/10012942335