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This paper examines the relationship between infrastructure investment activity, capital market development, the role … evidence over recent decades. Infrastructure is shown to be an important asset class playing a central role in a nation …’s output, growth, productivity and microeconomic performance. Infrastructure investment also requires investment and …
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Examining the value-added link between infrastructure and industrialization is fundamental to achieving Sustainable … Development Goal (SDG) 9, which consists of building resilient infrastructure, promoting inclusive and sustainable … infrastructure and the specific transmission channel considered. For instance, the indirect effect through the interaction of …
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This paper reviews the theoretical and empirical literature on links between domestic financial development and economic growth. It starts with the pioneers in this field and then classifies two main schools favouring liberal financial regimes. First McKinnon and Shaw advocated financial...
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