Infrastructure, Value Chains, and Economic Upgrades

Infrastructure, Value Chains, and Economic Upgrades

Infrastructure development is critical to delivering growth, reducing poverty, and addressing broader development goals. This paper surveys the literature on the linkages between infrastructure investment and economic growth, discusses the role of...

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Bibliographic Details
Main Authors: Luo, Xubei, Xu, Xuejiao
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
GLOBAL VALUE CHAINS
INFRASTRUCTURE
ECONOMIC GROWTH
COMPARATIVE ADVANTAGE
INFRASTRUCTURE INVESTMENT
Online Access:http://documents.worldbank.org/curated/en/698191534165164781/Infrastructure-value-chains-and-economic-upgrades
http://hdl.handle.net/10986/30237
id okr-10986-30237
recordtype oai_dc
spelling okr-10986-302372021-06-08T14:42:47Z Infrastructure, Value Chains, and Economic Upgrades Luo, Xubei Xu, Xuejiao GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT Infrastructure development is critical to delivering growth, reducing poverty, and addressing broader development goals. This paper surveys the literature on the linkages between infrastructure investment and economic growth, discusses the role of infrastructure in participation in global value chains and supporting economic upgrades, highlights the challenges that the least developed countries face, and provides policy recommendations. It suggests that addressing the bottlenecks in infrastructure is a necessary condition to provide a window of opportunity for an economy to develop following its comparative advantage. With the right conditions, good infrastructure can support an economy, particularly a less developed economy, to reap the benefits of participation in global value chains to upgrade the economic structure. 2018-08-15T19:48:18Z 2018-08-15T19:48:18Z 2018-08 Working Paper http://documents.worldbank.org/curated/en/698191534165164781/Infrastructure-value-chains-and-economic-upgrades http://hdl.handle.net/10986/30237 English Policy Research Working Paper;No. 8547 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific China
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic GLOBAL VALUE CHAINS
INFRASTRUCTURE
ECONOMIC GROWTH
COMPARATIVE ADVANTAGE
INFRASTRUCTURE INVESTMENT
spellingShingle GLOBAL VALUE CHAINS
INFRASTRUCTURE
ECONOMIC GROWTH
COMPARATIVE ADVANTAGE
INFRASTRUCTURE INVESTMENT
Luo, Xubei
Xu, Xuejiao
Infrastructure, Value Chains, and Economic Upgrades
geographic_facet East Asia and Pacific
China
relation Policy Research Working Paper;No. 8547
description Infrastructure development is critical to delivering growth, reducing poverty, and addressing broader development goals. This paper surveys the literature on the linkages between infrastructure investment and economic growth, discusses the role of infrastructure in participation in global value chains and supporting economic upgrades, highlights the challenges that the least developed countries face, and provides policy recommendations. It suggests that addressing the bottlenecks in infrastructure is a necessary condition to provide a window of opportunity for an economy to develop following its comparative advantage. With the right conditions, good infrastructure can support an economy, particularly a less developed economy, to reap the benefits of participation in global value chains to upgrade the economic structure.
format Working Paper
author Luo, Xubei
Xu, Xuejiao
author_facet Luo, Xubei
Xu, Xuejiao
author_sort Luo, Xubei
title Infrastructure, Value Chains, and Economic Upgrades
title_short Infrastructure, Value Chains, and Economic Upgrades
title_full Infrastructure, Value Chains, and Economic Upgrades
title_fullStr Infrastructure, Value Chains, and Economic Upgrades
title_full_unstemmed Infrastructure, Value Chains, and Economic Upgrades
title_sort infrastructure, value chains, and economic upgrades
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/698191534165164781/Infrastructure-value-chains-and-economic-upgrades
http://hdl.handle.net/10986/30237
_version_ 1764471495674822656

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