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 …

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 …

education system, and good transport infrastructure appear to be the most important separating variables. For middle …