Public Investment as an Engine of Growth

Public Investment as an Engine of Growth
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On average the evidence shows only a weak positive... READ MORE...

Publication date: August 2014
ISBN 9781498378277
$18.00

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