1.

Record Nr.

UNINA9910132246103321

Autore

Cockburn John

Titolo

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

Pubbl/distr/stampa

Cham, : Springer Nature, 2013

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2013

ISBN

9783319031378 (ebook)

9783319031361 (hardback)

Edizione

[1st ed. 2013.]

Descrizione fisica

1 online resource (ix, 148 pages) : colour illustrations; digital, PDF file(s)

Collana

Economic Studies in Inequality, Social Exclusion and Well-Being, , 2364-107X

Disciplina

338.9

Soggetti

Development economics

Economic growth

Public finance

Development Economics

Economic Growth

Public Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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

Sommario/riassunto

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.