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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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