The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined … relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for … productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through …

Urbanization has both benefits and costs. In a market economy, the trade-off between benefits and costs determines the … level, speed, and pace of urbanization. This paper summarizes research findings on how urbanization enhances productivity … urbanization and growth in the Indian context by examining microeconomic evidence on how enterprises and consumers share production …

this state of affairs, proposes alternative ways of responding to the urbanization challenges in the Philippines, and … urbanization challenges. …