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The world economy needs a growth-lifting strategy, and infrastructure financing seems to hold the key. Based on the New Structural Economics (Lin, 2010; 2012) we discuss the heterogeneity of capital focusing on the long-term versus short-term orientation (STO). Traditional neoliberalism assumes that...
Persistent link: https://www.econbiz.de/10012953840
Against the backdrop of anti-globalization rhetoric, this paper summarizes our joint book entitledGoing Beyond Aid (Lin and Wang, 2017a) and discusses the prospects for development finance inthe broad context of Belt and Road Initiative (BRI). Based on the New Structural Economics (Lin,2010; 2011),...
Persistent link: https://www.econbiz.de/10012909674