Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/182322
Editors: 
Pecher, Arthur
Kofoed, Jens Peter
Year of Publication: 
2017
Series/Report no.: 
Ocean Engineering & Oceanography 7
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: 
Offshore Engineering
Renewable and Green Energy
Numerical and Computational Physics, Simulation
Natural Resource and Energy Economics
Engineering Fluid Dynamics
Development Economics
Economic Growth
Public Economics
Persistent Identifier of the first edition: 
ISBN: 
978-3-319-39889-1
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/2.5/
Document Type: 
Book
Document Version: 
Published Version
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