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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
industry level, we find that PPP determinants vary across industries depending on the nature of public infrastructure, capital …
Persistent link: https://www.econbiz.de/10014402291
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/10014403060
Persistent link: https://www.econbiz.de/10009423185
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/10011763529
Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been … infrastructure booms, and a case study of four emerging economies about their practice of funding infrastructure development. The … study shows that (i) there is no empirical evidence that rapid infrastructure growth would undermine contemporary …
Persistent link: https://www.econbiz.de/10014398382
Public-private partnerships (PPPs) involve the supply by the private sector of infrastructure and services deriving … from infrastructure assets which have traditionally been supplied by the public sector. PPPs are spreading all over the …
Persistent link: https://www.econbiz.de/10014402064
Persistent link: https://www.econbiz.de/10009422427
Recent literature has explored the relationship between efficiency-adjusted public capital and economic growth. A debate on whether capital grants, and especially EU funds actually contribute to growth has gained prominence lately. This paper empirically assesses the relationship between the...
Persistent link: https://www.econbiz.de/10011705315
This paper investigates the deindustrialization and welfare effects of infrastructure aid in developing countries. In … the short run, cost-saving infrastructure aid in the export sector increases the domestic wage rate, whereas the same aid … infrastructure aid. Infrastructure aid in the nontraded sector has no effect on domestic factor prices. Laborsaving infrastructure …
Persistent link: https://www.econbiz.de/10014400615