Showing 1 - 10 of 743
We examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries … (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level … provision of infrastructure varies across development stages; there is a focus on basic infrastructure, such as transport, water …
Persistent link: https://www.econbiz.de/10011713011
We examine the evolution of infrastructure, and the impact of infrastructure investment, in middle-income countries … (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level … provision of infrastructure varies across development stages; there is a focus on basic infrastructure, such as transport, water …
Persistent link: https://www.econbiz.de/10012917839
infrastructure is a pre-requisite. In the overlapping generations structure setting, we show that technology spillovers via FDI take … place only when the host country has the sufficient level of infrastructure. Infrastructure has a subsequent positive … feedback on further investment which leads the country grow faster. If infrastructure falls short of the critical level …
Persistent link: https://www.econbiz.de/10014054631
The effect of public investment on economic growth is a crucial public policy issue. Empirical research into this question was stimulated by Aschauer (1989), who suggested that public capital has a powerful impact on the productivity of private capital.Aschauer's results were controversial and...
Persistent link: https://www.econbiz.de/10012725171
The paper examines the politics of infrastructure in the post-privatisation era. It shows the tensions between the … collectively underpin the operation of liveable sustainable cities. The paper traces the intrinsic role of infrastructure as a … infrastructure funding. Implications are drawn for urban planning and design …
Persistent link: https://www.econbiz.de/10012992915
Recent studies have found that resource-rich low-income countries are better off investing their resource revenues domestically rather than saving them abroad in a sovereign wealth fund (SWF). This paper finds an optimal rule-based policy of accumulating public capital and its associated public...
Persistent link: https://www.econbiz.de/10014533530
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/10012999764
Persistent link: https://www.econbiz.de/10011392909
Persistent link: https://www.econbiz.de/10011283137
We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract … higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance … allocation of sector-specific aid, the determinants of infrastructure, and the determinants of FDI. We find fairly strong and …
Persistent link: https://www.econbiz.de/10011374057