Infrastructure and Economic Growth in Asia [electronic resource] / edited by John Cockburn, Yazid Dissou, Jean-Yves Duclos, Luca Tiberti.

Contributor(s):

Material type: Text

TextSeries: Economic Studies in Inequality, Social Exclusion and Well-BeingPublisher: Cham : Springer International Publishing : Imprint: Springer, 2013Edition: 1st ed. 2013Description: IX, 148 p. 19 illus., 15 illus. in color. online resourceContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9783319031378

Subject(s):

Additional physical formats: Printed edition:: No title; Printed edition:: No title; Printed edition:: No titleDDC classification:

338.9 23

LOC classification:

HD72-88

Online resources:

Click here to access online

Contents:

Introduction -- Infrastructure and Growth -- Approach -- China -- Pakistan -- Philippines -- Summary and conclusion.

In: Springer Nature eBookSummary: Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limits economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be an effective tool in fighting poverty reduction. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.

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Introduction -- Infrastructure and Growth -- Approach -- China -- Pakistan -- Philippines -- Summary and conclusion.

Open Access

Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limits economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be an effective tool in fighting poverty reduction. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.