Showing 1 - 10 of 244
returns to nonbeneficiary countries in recent years. Rather, it shows that public infrastructure, such as paved roads, has an …
Persistent link: https://www.econbiz.de/10012552651
This study argues that public infrastructure is an important though previously neglected driving mechanism of the … neoclassical growth model with heterogeneous firms, where public infrastructure contributes to firms' production and mitigates the … infrastructure in recent decades, yet remains in deep need of further infrastructure improvements. The accumulation of infrastructure …
Persistent link: https://www.econbiz.de/10012569630
Evidence of public expenditure on infrastructure is extremely sparse. Little is known about the trends and patterns of … infrastructure expenditure, and there is no real basis for assessing the adequacy and efficiency of infrastructure spending. Drawing … on the World Bank's novel BOOST database, this paper provides a first relatively disaggregated picture of infrastructure …
Persistent link: https://www.econbiz.de/10013255354
The author provides a preliminary benchmarking of infrastructure performance in Lesotho in four major sectors … infrastructure performance from over 200 countries. The results of the benchmarking are revealing of several major, comparative … deficiencies in infrastructure performance in Lesotho: (1) extremely low access to electricity and its affordability; (2) poor …
Persistent link: https://www.econbiz.de/10012573849
The link between economic growth, and better provision of infrastructure services may be unproven, but it is clear that … reforms to make infrastructure services more competitive (where possible), and to provide strong, and independent economic … regulation of natural monopolies, do create an environment more conducive to: 1) Private sector participation in infrastructure …
Persistent link: https://www.econbiz.de/10012572800
When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from reduced output while reconstruction takes place. These indirect losses may be much larger, relative to the direct ones, in low-income countries, because they lack the finance for...
Persistent link: https://www.econbiz.de/10012571032
, infrastructure is an important constraint in many African countries. Using firm-level data for East Africa, the paper reexamines the …Infrastructure is an important driving force for economic growth. It reduces trade and transaction costs and stimulates … the productivity of the economy. Africa has been lagging behind in the global manufacturing market. Among others …
Persistent link: https://www.econbiz.de/10012571848
"backbone" infrastructure services are arguably even more important for the creation of an open, unified regional economic space … infrastructure regionalization could make a significant contribution to the region's economic development by promoting a more …
Persistent link: https://www.econbiz.de/10012572470
An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key … dominant position in the provision of infrastructure, and the opening up of these industries to private participation, have … renewed the debate on the role of infrastructure in the region's development. The focus of this paper is three-fold. First, it …
Persistent link: https://www.econbiz.de/10012551533
An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key … dominant position in the provision of infrastructure, and the opening up of these industries to private participation, have … renewed the debate on the role of infrastructure in the region's development. The focus of this paper is three-fold. First, it …
Persistent link: https://www.econbiz.de/10012551735