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covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income …Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …
Persistent link: https://www.econbiz.de/10011242245
reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these …
Persistent link: https://www.econbiz.de/10011242354
around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and … savings rates; (ii) improving the efficiency of social spending and public enterprise reforms; (iii) investment in education …
Persistent link: https://www.econbiz.de/10011142138
There is a strong economic rationale for close cooperation between the public and private sectors. This has resulted in a significant increase in the demand for the provision of public services through instruments combining public and private money such as public-private partnerships (PPPs or...
Persistent link: https://www.econbiz.de/10012685204
Intro -- Contents -- I. INTRODUCTION -- II. THE SCOPE OF PUBLIC-PRIVATE PARTNERSHIPS -- III. BUILD-OPERATE -- IV. IDENTIFICATION OF THE ENDOGENOUS AND EXOGENOUS RISKS -- V. "WHITE ELEPHANTS" -- VI. COST-BENEFIT ANALYSIS: PRICES AND DISCOUNT RATES -- VII. THE ALLOCATION OF RISK BETWEEN THE PUBLIC...
Persistent link: https://www.econbiz.de/10012691080
increase investment to reduce their infrastructure gaps. While there are benefits to well-designed and implemented PPPs, they …
Persistent link: https://www.econbiz.de/10015059689
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in … investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little … Ethiopia in recent years, as high public investment has coincided with high GDP growth, but it is probably too early to draw …
Persistent link: https://www.econbiz.de/10010959467
main argument supporting the PPP approach for investment projects is the transfer of know-how from the private partner to … investment is carried out by a private investor, an optimal capital structure is achieved with both the public and the private …
Persistent link: https://www.econbiz.de/10005263883
Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not …, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro … investment but that they do not appear to account fully for recent weak performance, suggesting a key role of the business …
Persistent link: https://www.econbiz.de/10009654154
Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper … examines the mechanism through which public infrastructure spending affects the dynamics of the real exchange rate. Using a two … intensity of private capital in production, and (iv) the relative productivity of public infrastructure. In deriving these …
Persistent link: https://www.econbiz.de/10009654171