Fiscal Policy and Public Investment (Economic Issues, #40)

by Richard Hemming and Gerd Schwartz

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Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is yes, how can they do so in a fiscally responsible manner? Are public-private partnerships a viable alternative?--Publisher's description.
  • ISBN10 158906478X
  • ISBN13 9781589064782
  • Publish Date 1 January 2006
  • Publish Status Out of Print
  • Out of Print 8 December 2016
  • Publish Country US
  • Imprint International Monetary Fund
  • Format Paperback (US Trade)
  • Pages 20
  • Language English