Infrastructure and Economic Growth in Asia

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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 reduction1. 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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Infrastructure and Economic Growth in Asia
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Series: Economic Studies in Inequality, Social Exclusion and Well-Being
Hardcover: 148 pages
Publisher: Springer; 2013 edition (December 6, 2013)
Language: English
ISBN-10: 3319031368
ISBN-13: 978-3319031361
Product Dimensions: 9.2 x 6.2 x 0.6 inches
Shipping Weight: 12.8 ounces
http://www.amazon.com/Infrastructure-Economic-Inequality-Exclusion-Well-Being/dp/3319031368/ref=sr_1_1_twi_1_har?ie=UTF8&qid=1438077877&sr=8-1&keywords=Infrastructure+and+Economic+Growth+in+Asia

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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 reduction1. 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.

Infrastructure and Economic Growth in Asia

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