Public Investment and Public-Private Partnerships |
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Author:
| Hemming, Richard Schwartz, Gerd Akitoby, Bernardin |
Series title: | Economic Issues Ser. |
ISBN: | 978-1-58906-547-5 |
Publication Date: | Aug 2007 |
Publisher: | International Monetary Fund
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Book Format: | Paperback |
List Price: | USD $5.00 |
Book Description:
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Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is...
More DescriptionOver the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is yes, how can they do so in a fiscally responsible manner? Are public-private partnerships a viable alternative?