Policy Research Working Paper The Social Rate Of Return On Infrastructure Investments

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Policy Research Working Paper The Social Rate Of Return On Infrastructure Investments
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Author :
language : en
Publisher: World Bank Publications
Release Date :
Policy Research Working Paper The Social Rate Of Return On Infrastructure Investments written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
The Social Rate Of Return On Infrastructure Investments
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Author : David Canning
language : en
Publisher:
Release Date : 2000
The Social Rate Of Return On Infrastructure Investments written by David Canning and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Capital investments categories.
Large potential benefits of infrastructure may elude identification and measurement by conventional cost-benefit analysis. Canning and Bennathan estimate social rates of return on general capital, by examining the effect on aggregate output and comparing that effect with the costs of construction.
Collect More Spend Better
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Author : Mr.Manuk Ghazanchyan
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-24
Collect More Spend Better written by Mr.Manuk Ghazanchyan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-24 with Business & Economics categories.
We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public investment profile is more favorable than front-loading capital spending because we assume governments are able to gradually learn how to invest more efficiently, accelerating public capital accumulation and therefore growth. We discuss the pros and cons of alternative financing options and identify the financing mix that generates the best macroeconomic outcome. Sometimes overlooked, improving the efficiency of revenue collection over time may ease the burden of fiscal adjustment, achieving higher GDP growth with substantially lower debt-to-GDP ratios, and will help policymakers efficiently meet the challenge of addressing large infrastructure gaps while maintaining debt sustainability.
Globalization And Growth
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Author : Michael Spence
language : en
Publisher: World Bank Publications
Release Date : 2010-04-02
Globalization And Growth written by Michael Spence and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-02 with Business & Economics categories.
The volume provides a comprehensive overview of the financial and economic crises of 2008-2009 and the economic and financial policy implications for growth in developing countries.
Macroeconomic Challenges Of Scaling Up Aid To Africa
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Author : Yongzheng Yang
language : en
Publisher: International Monetary Fund
Release Date : 2006-03-20
Macroeconomic Challenges Of Scaling Up Aid To Africa written by Yongzheng Yang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-20 with Business & Economics categories.
Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid and respond to the associated policy challenges. The handbook is directed at policymakers, practicing economists in African countries, and the staffs of international financial institutions and donor agencies who participate in preparing medium-term strategies for African countries, including in the context of poverty reduction strategy papers. It provides five main guidelines for developing scaling-up scenarios to help countries identify important policy issues involved in using higher aid flows effectively: to absorb as much aid as possible, to boost growth in the short to medium term, to promote good governance and reduce corruption, to prepare an exit strategy should aid levels decrease, and to regularly reassess the policy mix.
Ecmt Round Tables Transport Infrastructure Investment And Economic Productivity
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Author : European Conference of Ministers of Transport
language : en
Publisher: OECD Publishing
Release Date : 2007-03-22
Ecmt Round Tables Transport Infrastructure Investment And Economic Productivity written by European Conference of Ministers of Transport and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-22 with categories.
This Round Table addresses the macroeconomic effects of transport infrastructure policies, and aimed at identifying tools that could determine the overall volume of public expenditure for transport infrastructure investment. It also identifies methods for assessing macroeconomic impact.
Infrastructure S Role In Lowering Asia S Trade Costs
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Author : Douglas H. Brooks
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-30
Infrastructure S Role In Lowering Asia S Trade Costs written by Douglas H. Brooks and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-30 with Business & Economics categories.
Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.
Estimating The Impact Of Agricultural Technology On Poverty Reduction In Rural Nigeria
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Author : Babatunde Omilola
language : en
Publisher: Intl Food Policy Res Inst
Release Date :
Estimating The Impact Of Agricultural Technology On Poverty Reduction In Rural Nigeria written by Babatunde Omilola and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on with Social Science categories.
Network Effects Of The Productivity Of Infrastructure In Devoloping Countries
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Author : Christophe Hurlin
language : en
Publisher: World Bank Publications
Release Date : 2006
Network Effects Of The Productivity Of Infrastructure In Devoloping Countries written by Christophe Hurlin and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Infrastructure (Economics) categories.
Using panel data models, the author examines the threshold effects of the productivity of infrastructure investment in developing countries. He considers various specifications of an augmented production function that allow for endogenous thresholds. More precisely, these specifications are tested in a panel threshold regression model. The author's main robust result is the presence of strong threshold effects in the relationship between output and private and public inputs. Whatever the transition mechanism used, the testing procedures lead to strong rejection of the linearity of this relationship. In particular, the productivity of infrastructure investment generally exhibits some network effects. When the available stock of infrastructure is very low, investment in this sector has the same productivity as noninfrastructure investment. On the contrary, when a minimum network is available, the marginal productivity of infrastructure investment is generally largely greater than the productivity of other investment. Finally, when the main network is achieved, its marginal productivity becomes similar to the productivity of other investment.
Emerging Infrastructure Policy Issues In Developing Countries
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Author : Antonio Estache
language : en
Publisher: World Bank Publications
Release Date : 2004
Emerging Infrastructure Policy Issues In Developing Countries written by Antonio Estache and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Infrastructure (Economics) categories.
"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.