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. Infrastructure provision is seen as a particularly important instrument for helping in regional development where government can play … a significant role due to the public goods nature of infrastructure facilities. Literature confirms the positive … association between infrastructure and growth. However, it is not necessary that economic growth attributable to infrastructure …
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This paper discusses governmental fiscal support for financing long-term infrastructure projects in ASEAN countries … critical role of such fiscal support in making feasible the financing of long-term infrastructure projects that may be … need to secure budgets for long-term infrastructure projects, which may be done through a medium-term expenditure framework …
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This study assesses the sources and levels of infrastructure financing in the Philippines for the last five years (2008 …-2012). The mapping of fiscal resources showed that there had been underinvestment in infrastructure. To illustrate, in 2008 …-2012, public infrastructure spending as a share of GDP ranged between a low of 1.40 percent to a high of 2.09 percent - a far cry …
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The relation between infrastructure and economic growth has been largely investigated in the literature, but the … empirical evidence found has proven to be controversial. This paper aims to empirically analyze the impact of infrastructure … stocks on economic growth. In spite of there being theoretical justification for taking infrastructure into account in …
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