Policy recommendations for infrastructure provision usually build on a well-established understanding of best practice … ignored goes a long way toward explaining why infrastructure policies fail and why best practice can be counterproductive … consideration of how the different incentive problems in politics impede policy improvements in infrastructure. This paper addresses …

This paper examines a puzzle in the political economy of infrastructure in India -- the co-existence of relatively low … shares of capital spending in public budgets alongside evidence of large demand for village infrastructure from poor voters …. It argues that this pattern is due to infrastructure projects being used at the margin for political rent-seeking, while …

This paper uses some simple conceptual models to draw out various implications of infrastructure investments with long … infrastructure investment decisions tend to be made on the basis of (current and expected future) emissions prices that do not fully … for infrastructure investors. These issues are illustrated for two alternative cases of climate damages, namely with the …

This paper uses some simple conceptual models to draw out various implications of infrastructure investments with long … infrastructure investment decisions tend to be made on the basis of (current and expected future) emissions prices that do not fully … for infrastructure investors. These issues are illustrated for two alternative cases of climate damages, namely with the …

This paper examines a puzzle in the political economy of infrastructure in India -- the co-existence of relatively low … shares of capital spending in public budgets alongside evidence of large demand for village infrastructure from poor voters …. It argues that this pattern is due to infrastructure projects being used at the margin for political rent-seeking, while …