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We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused...
Persistent link: https://www.econbiz.de/10011715124
South Asia needs large infrastructure investments to achieve its development goals, and public investment can also … public infrastructure was a key driver of productivity growth in South Asia. Going forward, higher public infrastructure … reap the most benefits from higher infrastructure investment, South Asian countries need to manage fiscal risks carefully …
Persistent link: https://www.econbiz.de/10012613693
Persistent link: https://www.econbiz.de/10009706785
We evaluate the direct employment effect of the public investment in key infrastructure-electricity, roads, schools and … million of public spending in infrastructure create 3-7 jobs in advanced economies, 10-17 jobs in emerging market economies …
Persistent link: https://www.econbiz.de/10012613477
South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development potential ahead. To foster human and economic development, India has shown a strong...
Persistent link: https://www.econbiz.de/10012794911
This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of Congo, a developing country with looming oil exhaustibility concerns. Our results highlight the risks to fiscal and capital sustainability of oil exporting countries from large scaling-up in public...
Persistent link: https://www.econbiz.de/10012503446
Persistent link: https://www.econbiz.de/10009422427
The quality and stock of infrastructure vary widely across countries of the Eastern Carribbean Currency Union and are … solution is to invest more. However this paper shows that governments can also narrow their infrastructure and service gaps …
Persistent link: https://www.econbiz.de/10012301965
While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often …
Persistent link: https://www.econbiz.de/10012251291
exercise that focusses on five sectors - education, health, roads, water, and electricity infrastructure. Achieving the …
Persistent link: https://www.econbiz.de/10012177601