Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/182303
Editors: 
Cockburn, John
Dissou, Yazid
Duclos, Jean-Yves
Tiberti, Luca
Year of Publication: 
2013
Series/Report no.: 
Economic Studies in Inequality, Social Exclusion and Well-Being
Abstract: 
Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly 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.
Subjects: 
Development Economics
Economic Growth
Public Economics
Persistent Identifier of the first edition: 
ISBN: 
978-3-319-03137-8
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/legalcode
Document Type: 
Book
Document Version: 
Published Version
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