One objective of government investment is to develop public infrastructure which may reduce private sector costs. In a … recent fiscal adjustment in Mexico is that it has been carried out, in part, by depleting public infrastructure stocks ….We estimate the effects of public infrastructure on private sector costs in Mexico and calculate the implied optimal …

Liberia is facing large infrastructure gaps and developmental needs that constrain the country’s growth potential. The … investment in infrastructure and human capital. Fiscal space remains constrained by rigidities in current spending and the …

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 …

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often …