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public investment will be necessary to build public infrastructure that makes economies more resilient to climate change and … efficiently and effectively. To help countries improve the institutions and processes for infrastructure governance (the planning … low-carbon and climate-resilient infrastructure …
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This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth … relationship for 52 developing countries. The results show that public capital is a significant contributor to economic growth … in economic growth, a result mainly driven by low-income countries …
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