Infrastructure And Growth In Developing Countries

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Infrastructure and Growth in Developing Countries

Stephane Straub
Infrastructure and Growth in Developing Countries Book PDF

Author : Stephane Straub
Publisher : World Bank Publications
Page : 54 pages
File Size : 55,9 Mb
Release : 2016
Category : Electronic
ISBN : 8210379456XXX

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Infrastructure and Growth in Developing Countries by Stephane Straub Pdf

This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy, transport, telecommunications, water and sanitation are considered. The survey covers two main set of issues: the linkages between infrastructure and economic growth (at the economy-wide, regional and sectoral level) and the composition, sequencing and efficiency of alternative infrastructure investments, including the arbitrage between new investments and maintenance expenditures; OPEX and CAPEX, and public versus private investment. Following the introduction, section 2 discusses the theoretical foundations (growth theory and new economic geography). Section 3 assesses the analysis of 140 specifications from 64 recent empirical papers - examining type of data used, level of aggregation, econometric techniques and nature of the sample - and discusses both the macro-econometric and micro-econometric contributions of these papers. Finally section 4 discusses directions for future research and suggests priorities in data development.

Infrastructure and Growth in Developing Countries

Stephane Straub
Infrastructure and Growth in Developing Countries Book PDF

Author : Stephane Straub
Publisher : World Bank Publications
Page : 54 pages
File Size : 52,7 Mb
Release : 2008
Category : Efficiency of Infrastructure
ISBN : 8210379456XXX

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Infrastructure and Growth in Developing Countries by Stephane Straub Pdf

Abstract: This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy, transport, telecommunications, water and sanitation are considered. The survey covers two main set of issues: the linkages between infrastructure and economic growth (at the economy-wide, regional and sectoral level) and the composition, sequencing and efficiency of alternative infrastructure investments, including the arbitrage between new investments and maintenance expenditures; OPEX and CAPEX, and public versus private investment. Following the introduction, section 2 discusses the theoretical foundations (growth theory and new economic geography). Section 3 assesses the analysis of 140 specifications from 64 recent empirical papers-examining type of data used, level of aggregation, econometric techniques and nature of the sample-and discusses both the macro-econometric and micro-econometric contributions of these papers. Finally section 4 discusses directions for future research and suggests priorities in data development.

Infrastructure and Growth in Developing Countries

St??phane Straub
Infrastructure and Growth in Developing Countries Book PDF

Author : St??phane Straub
Publisher : Unknown
Page : 128 pages
File Size : 40,8 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931668713

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Infrastructure and Growth in Developing Countries by St??phane Straub Pdf

This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy, transport, telecommunications, water and sanitation are considered. The survey covers two main set of issues: the linkages between infrastructure and economic growth (at the economy-wide, regional and sectoral level) and the composition, sequencing and efficiency of alternative infrastructure investments, including the arbitrage between new investments and maintenance expenditures; OPEX and CAPEX, and public versus private investment. Following the introduction, section 2 discusses the theoretical foundations (growth theory and new economic geography). Section 3 assesses the analysis of 140 specifications from 64 recent empirical papers-examining type of data used, level of aggregation, econometric techniques and nature of the sample-and discusses both the macro-econometric and micro-econometric contributions of these papers. Finally section 4 discusses directions for future research and suggests priorities in data development.

The Contributions of Infrastructure to Economic Development

Christine Kessides
The Contributions of Infrastructure to Economic Development Book PDF

Author : Christine Kessides
Publisher : World Bank Publications
Page : 66 pages
File Size : 42,8 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 0821326287

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The Contributions of Infrastructure to Economic Development by Christine Kessides Pdf

This paper reviews the linkages between infrastructure and economic development based on both formal empirical research and informal case studies. The main thesis is that economic benefits result from investments in infrastructure only to the extent that they generate a sustainable flow of services valued by consumers. Thus, an analysis of infrastructures' contributions to growth must look at the impacts of services as actually perceived, not at indirect indicators that measure only aggregate provision of infrastructure capital. The paper notes that macro and industry level research , although having its limitations, suggest a positive and statistically significant relationship between infrastructure and economic output. However the conclusions derived from this research (most of which derives from developed countries) provide little specific guidance for policy. To gain more practical insights about how infrastructure contributes to economic growth and to improved quality of life, and to understand the welfare costs of inadequate or unreliable infrastructure, it is necessary to look at microeconomic evidence. Particularly interesting illustrations of these relationships are to be found in developing countries where there is wide variance in the availability and quality of infrastructure.

Infrastructure for Economic Development and Poverty Reduction in Africa

Afeikhena Jerome
Infrastructure for Economic Development and Poverty Reduction in Africa Book PDF

Author : Afeikhena Jerome
Publisher : UN-HABITAT
Page : 108 pages
File Size : 42,6 Mb
Release : 2011
Category : Africa
ISBN : 9789211322934

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Infrastructure for Economic Development and Poverty Reduction in Africa by Afeikhena Jerome Pdf

Evaluates the role of infrastructure in promoting economic growth and poverty reduction in Africa. Examines complementary physical infrastructure: telecommunications, power, transport (roads, railways, ports and airports) and water supply. Explores Africa's infrastructure endowment and financing options.

Physical Infrastructure Development

W. Ascher,C. Krupp
Physical Infrastructure Development Book PDF

Author : W. Ascher,C. Krupp
Publisher : Springer
Page : 271 pages
File Size : 44,9 Mb
Release : 2010-05-24
Category : Business & Economics
ISBN : 9780230107670

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Physical Infrastructure Development by W. Ascher,C. Krupp Pdf

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.

Infrastructure and the Complexity of Economic Development

David F. Batten,Charlie Karlsson
Infrastructure and the Complexity of Economic Development Book PDF

Author : David F. Batten,Charlie Karlsson
Publisher : Springer Science & Business Media
Page : 296 pages
File Size : 53,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642802669

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Infrastructure and the Complexity of Economic Development by David F. Batten,Charlie Karlsson Pdf

The book examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether infrastructure investments stimulate productivity growth, issues of pricing and ownership, and also development problems such as environmental damage. Methods range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is a unique emphasis on the ability of these different methods to allow for the complex interdependencies involved. Six of the fifteen papers deal with these methodological aspects, whereas the remainder addresses specific cases or examples in a variety of countries (Europe, USA and developing countries).

Infrastructure Investments in Developing Economies

Giang Dang,Low Sui Pheng
Infrastructure Investments in Developing Economies Book PDF

Author : Giang Dang,Low Sui Pheng
Publisher : Springer
Page : 264 pages
File Size : 41,8 Mb
Release : 2014-10-18
Category : Technology & Engineering
ISBN : 9789812872487

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Infrastructure Investments in Developing Economies by Giang Dang,Low Sui Pheng Pdf

This book aims to provide knowledge on how infrastructure is planned and built in a typical developing country, and what key variables are there in the system limiting the efficient use of public investments in infrastructure. The book begins with a comprehensive literature review on construction and economic development, and trade and economic development. The focus of the book is on the case of Vietnam, with lessons drawn for other developing economies. The book employs the mixed use of data to provide a stronger basis for analysis and interpretation of related government policies. Based on the research findings, the book recommends significant capacity building work for Vietnam to develop capacities that would remove constraints on the efficient use of public investments in infrastructure. The general principles of significant capacity building work which are useful for policy implications are introduced in the book. Analysts, academics, public and private communities in developing countries can adopt the research findings as guiding principles to bring about changes in their current use of public investments in infrastructure, thus supporting their trade and economic growth in the long term.

Infrastructure and Economic Growth in Asia

John Cockburn,Yazid Dissou,Jean-Yves Duclos,Luca Tiberti
Infrastructure and Economic Growth in Asia Book PDF

Author : John Cockburn,Yazid Dissou,Jean-Yves Duclos,Luca Tiberti
Publisher : Springer
Page : 148 pages
File Size : 49,8 Mb
Release : 2013-12-05
Category : Business & Economics
ISBN : 9783319031378

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Infrastructure and Economic Growth in Asia by John Cockburn,Yazid Dissou,Jean-Yves Duclos,Luca Tiberti Pdf

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.

Postcrisis Growth and Development

Shahrokh Fardoust,Yongbeom Kim,Claudia Paz Sep lveda
Postcrisis Growth and Development Book PDF

Author : Shahrokh Fardoust,Yongbeom Kim,Claudia Paz Sep lveda
Publisher : World Bank Publications
Page : 584 pages
File Size : 42,7 Mb
Release : 2010-11-09
Category : Business & Economics
ISBN : 0821385232

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Postcrisis Growth and Development by Shahrokh Fardoust,Yongbeom Kim,Claudia Paz Sep lveda Pdf

Post-crisis Growth and Development lays the groundwork for setting development priorities and advances the discussion among the G20, and non-G20 countries on development policy in infrastructure, trade, food security, financial inclusion, and Millennium Development Goals (MDGs), as they relate to strong, sustainable, and balanced global growth.

Private Participation in Infrastructure in Developing Countries

Clive Harris
Private Participation in Infrastructure in Developing Countries Book PDF

Author : Clive Harris
Publisher : World Bank Publications
Page : 60 pages
File Size : 45,5 Mb
Release : 2003
Category : Developing countries
ISBN : 0821355120

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Private Participation in Infrastructure in Developing Countries by Clive Harris Pdf

Governments have long recognized the vital role that modern infrastructure services play in economic growth and poverty alleviation. For much of the post-Second World War period, most governments entrusted delivery of these services to state-owned monopolies. But in many developing countries, the results were disappointing. Public sector monopolies were plagued by inefficiency. Many were strapped for resources because governments succumbed to populist pressures to hold prices below costs. Fiscal pressures, and the success of the pioneers of the privatization of infrastructure services, provided governments with a new paradigm. Many governments sought to involve the private sector in the provision and financing of infrastructure services. The shift to the private provision that occurred during the 1990s was much more rapid and widespread than had been anticipated at the start of the decade. By 2001, developing countries had seen over $755 billion of investment flows in nearly 2500 infrastructure projects. However, these flows peaked in 1997, and have fallen more or less steadily ever since. These declines have been accompanied by high profile cancellations or renegotiations of some projects, a reduction in investor appetite for these activities and, in some parts of the world, a shift in public opinion against the private provision of infrastructure services. The current sense of disillusionment stands in stark contrast to what should in retrospect be surprise at the spectacular growth of private infrastructure during the 1990s.

Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development

Das, Ramesh Chandra
Handbook of Research on Economic Financial and Industrial Impacts on Infrastructure Development Book PDF

Author : Das, Ramesh Chandra
Publisher : IGI Global
Page : 466 pages
File Size : 54,8 Mb
Release : 2017-04-17
Category : Business & Economics
ISBN : 9781522523628

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Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development by Das, Ramesh Chandra Pdf

The infrastructure of a country has significant effects on both the lives of its citizens and its place in international markets. As such, it is imperative to develop policies to promote the quality of a nation’s infrastructure. The Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development is a pivotal reference source for the latest scholarly research on various initiatives and policies developed to enhance the current infrastructure of modern nations. Including the role of economics, finance, and multiple industry perspectives, this book covers a range of pertinent topics such as R&D initiatives, foreign direct investment, and trade liberalization, and this publication is an ideal reference source for researchers, academics, practitioners, and students interested in recent trends in infrastructure development.

Infrastructure Services in Developing Countries

Cecilia Briceño-Garmendia,Antonio Estache
Infrastructure Services in Developing Countries Book PDF

Author : Cecilia Briceño-Garmendia,Antonio Estache
Publisher : World Bank Publications
Page : 33 pages
File Size : 54,9 Mb
Release : 2004
Category : Infrastructure (Economics)
ISBN : 8210379456XXX

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Infrastructure Services in Developing Countries by Cecilia Briceño-Garmendia,Antonio Estache Pdf

"Briceno, Estache, and Shafik review the evidence on the state of infrastructure in the developing world, emphasizing the investment needs and the emerging policy issues. While their assessment is seriously constrained by data gaps, they provide useful insights on the main challenges ahead, emphasizing that, in addition to the widely discussed access problems, the poorest also face major affordability and service quality issues which were not well addressed by the reforms of the 1990s. The authors make a case for a stronger commitment of the international community to generate the information needed to assess and monitor infrastructure needs and policies. This paper--a product of the Office of the Vice President, Infrastructure Network--is part of a larger effort in the network to upgrade economic and policy work in infrastructure"--World Bank web site.

Strategic Infrastructure Development for Economic Growth and Social Change

Ray, Nilanjan
Strategic Infrastructure Development for Economic Growth and Social Change Book PDF

Author : Ray, Nilanjan
Publisher : IGI Global
Page : 395 pages
File Size : 47,7 Mb
Release : 2015-01-31
Category : Business & Economics
ISBN : 9781466674714

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Strategic Infrastructure Development for Economic Growth and Social Change by Ray, Nilanjan Pdf

Obtaining the ultimate objective of economic growth depends largely on the availability of infrastructure in the economy. New developments in finance also play an important role in enhancing economic prosperity in a country. Strategic Infrastructure Development for Economic Growth and Social Change explores different avenues of research in the areas of corporate governance, socioeconomic conditions, modern business infrastructure, business automation, strategic financial management, and financial aspects of modern businesses. This reference work discusses practical applications, skills, practices, and strategies involved in economic and business growth, and overall economic development. Academicians, practitioners, professionals, and researchers will benefit from the topics discussed in this book.

Emerging Infrastructure Policy Issues in Developing Countries

Antonio Estache
Emerging Infrastructure Policy Issues in Developing Countries Book PDF

Author : Antonio Estache
Publisher : World Bank Publications
Page : 43 pages
File Size : 44,8 Mb
Release : 2004
Category : Infrastructure (Economics)
ISBN : 8210379456XXX

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Emerging Infrastructure Policy Issues in Developing Countries by Antonio Estache Pdf

"Estache reviews the recent economic research on emerging issues for infrastructure policies affecting poor people in developing countries. His main purpose is to identify some of the challenges the international community, and donors in particular, are likely to have to address over the next few years. He addresses six main issues: (1) the necessity of infrastructure in achieving the Millennium Development Goals; (2) the various dimensions of financing challenges for infrastructure; (3) the debate on the relative importance of urban and rural infrastructure needs; (4) the debate on the effectiveness of infrastructure decentralization; (5) what works and what does not when trying to target the needs of the poor, with an emphasis on affordability and regulation challenges; and (6) the importance of governance and corruption in the sector. The author concludes by showing how the challenges identified define a relatively well integrated agenda for both researchers and the international infrastructure community. This paper,a product of the Office of the Vice President, Infrastructure Network,is part of a larger effort in the network to stimulate more analytical assessments of emerging issues in the sector"--World Bank web site.