Download or read book Human and Physical Infrastructure written by Emmanuel Jimenez and published by World Bank Publications. This book was released on 1994 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as market failures necessitate government intervention in the infrastructure sectors, so government failures should be considered in deciding the extent and depth of that intervention.
Download or read book Public Investment in Human and Physical Infrastructure written by United States. Congress. Joint Economic Committee and published by . This book was released on 1990 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human and Physical Infrastructure Oublic Investment and pricing policies in Developing countries written by and published by World Bank Publications. This book was released on with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Investment in Human and Physical Infrastructure written by United States. Congress. Joint Economic Committee and published by . This book was released on 1990 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Investment in Human and Physical Infrastructure written by United States. Congress. Joint Economic Committee and published by . This book was released on 1990 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Infrastructure and Growth written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2006 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper provides an overview of the various channels through which public infrastructure may affect growth. In addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of health and education services are also highlighted. Effects on health and education are well documented in a number of microeconomic studies, but macroeconomists have only recently begun to study their implications for growth. Links between health, infrastructure, and growth are illustrated in an endogenous growth model with transitional dynamics, and the optimal allocation of public expenditure is discussed. The concluding section draws implications of the analysis for the design of strategies aimed at promoting growth and reducing poverty.
Download or read book Financialising City Statecraft and Infrastructure written by Andy Pike and published by Edward Elgar Publishing. This book was released on 2019 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financialising City Statecraft and Infrastructure addresses the struggles of national and local states to fund, finance and govern urban infrastructure. It develops fresh thinking on financialisation and city statecraft to explain the socially and spatially uneven mixing of managerial, entrepreneurial and financialised city governance in austerity and limited decentralisation across England. As urban infrastructure fixes for the London global city-region risk undermining national ‘rebalancing’ efforts in the UK, city statecraft in the rest of the country is having uneasily to combine speculation, risk-taking and prospective venturing with co-ordination, planning and regulation.
Download or read book Public Investment and Regional Economic Development written by Daniyel Felzenshṭain and published by Edward Elgar Publishing. This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Felsenstein (geography, Hebrew U. of Jerusalem, Israel), McQuaid (economics, Napier U., Scotland), McCann (economics, U. of Reading, England), and Shefer (urban and regional economics, Israel Institute of Technology, Israel) present 15 papers that attempt to elucidate endogenous strategies of public investment for regional development. Arguing that traditional neoclassical exogenous strategies (in which investment comes from outside the region) has proven to be of dubious value for development, the editors contend the investment in human capital and knowledge infrastructure from within regions can have self-reinforcing effects that will lead to better growth in development. These "soft" investments also need to be linked with "hard" investments in physical infrastructure such as roads, buildings, and the like. Articles look at the lessons of policy experience arising from past experience with regional economic change, examine issues of innovation and knowledge creation, discuss the complex relation between human capital investment and regional labor markets, and relate the role of investment in physical infrastructure to the preceding discussions. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Physical Infrastructure Development written by W. Ascher and published by Springer. This book was released on 2010-05-24 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the key challenges of balancing economic growth, poverty alleviation, and environmental protection in the development of major physical infrastructure, ranging from transport to energy.
Download or read book World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.
Download or read book Unbound written by Heather Boushey and published by . This book was released on 2019 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.
Download or read book The Infrastructure Finance Challenge written by Ingo Walter and published by Open Book Publishers. This book was released on 2016-11-21 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.
Download or read book Investing in Public Infrastructure written by Manoj Atolia and published by International Monetary Fund. This book was released on 2017-05-04 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are front-loaded for both types of investment, the growth benefits of schools accrue with a delay. To put things in perspective, with a “big push,” even assuming a large (15 percent) return differential in favor of schools, the government would still limit the fraction of the investment scale-up going to schools to about a half. Besides debt aversion, political myopia also turns out to be a crucial determinant of public investment composition. A “big push,” by accelerating growth outcomes, mitigates myopia—but at the expense of greater risks to fiscal and debt sustainability. Tied concessional financing and grants can potentially mitigate the adverse effects of both debt aversion and political myopia.
Download or read book Physical Infrastructure Challenges and Investment Options for the Nation s Infrastructure written by Patricia A. Dalton and published by DIANE Publishing. This book was released on 2008-10 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: America¿s physical infrastructure -- incl. aviation, highway, transit, rail, water, and dam infrastructure -- is critical to the nation¿s economy and affects the daily life of virtually all Americans, but is under strain. Estimates to repair, replace, or upgrade aging infrastructure as well as expand capacity to meet increased demand top hundreds of billions of dollars, at a time when the fed. government¿s fiscal outlook is worse than many may understand. This testimony discusses: (1) challenges associated with the nation¿s surface transportation, aviation, water, and dam infrastructure, and the principles to help guide efforts to address these challenges; and (2) existing and proposed options to fund investments in the nation¿s infrastructure. Illustrations.
Download or read book Public Capital Growth and Welfare written by Pierre-Richard Agénor and published by Princeton University Press. This book was released on 2013 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
Download or read book Infrastructure s Contribution to Aggregate Output written by David Canning and published by World Bank Publications. This book was released on 1999 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Of the major kinds of physical infrastructure, electricity generating capacity has roughly the same marginal productivity as physical capital as a whole. So have roads-plus-rail, globally and in lower-income countries. Telephones, however, and transport routes in higher-income countries, have higher marginal productivity than other kinds of capital"--Cover.
Download or read book Time Horizons and Technology Investments written by National Academy of Engineering and published by National Academies Press. This book was released on 1992-02-01 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is frequently argued that U.S. corporations have shorter time horizons for planning and investment than their Japanese and German competitors. This argument, though widely accepted in studies of U.S. competitiveness, has rarely been examined in depth. Time Horizons and Technology Investments explores the evidence that some U.S. corporations consistently select projects biased toward short-term return and addresses factors influencing the time-related preferences of U.S. corporate managers in selecting projects for investment. It makes recommendations to policymakers and managers about policies to mitigate negative external influences and about strategies to remove internal biases toward noncompetitive decisions.
