Infrastructure, Economic Growth, and Poverty : A Review
How much an economy should invest in its physical infrastructure is a crucial question being asked by policy makers from developing countries where financial resources for economic development are limited. This paper aims to address this question b...
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okr-10986-338212022-09-20T00:10:01Z Infrastructure, Economic Growth, and Poverty : A Review Timilsina, Govinda Hochman, Gal Song, Ze INFRASTRUCTURE INVESTMENT ECONOMIC GROWTH INCOME INEQUALITY POVERTY ALLEVIATION PUBLIC INVESTMENT PHYSICAL INFRASTRUCTURE How much an economy should invest in its physical infrastructure is a crucial question being asked by policy makers from developing countries where financial resources for economic development are limited. This paper aims to address this question by bringing insights from the literature that investigates the relationship between infrastructure investment, economic growth, and poverty alleviation. The study shows that there is no consensus among the existing studies, which are mostly focused on industrialized economies, on the relationship between public investment and economic growth. Studies that investigate the relationship between physical infrastructure and economic growth mostly conclude that there exists a positive relationship. This is also true between physical infrastructure and income inequality, as reported by a few studies. This study also identifies many gaps in the literature and highlights the need for further studies to narrow them. 2020-05-28T15:58:30Z 2020-05-28T15:58:30Z 2020-05 Working Paper http://documents.worldbank.org/curated/en/927361590594380798/Infrastructure-Economic-Growth-and-Poverty-A-Review http://hdl.handle.net/10986/33821 English Policy Research Working Paper;No. 9258 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Policy Research Working Paper Publications & Research :: Policy Research Working Paper |
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World Bank |
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English |
topic |
INFRASTRUCTURE INVESTMENT ECONOMIC GROWTH INCOME INEQUALITY POVERTY ALLEVIATION PUBLIC INVESTMENT PHYSICAL INFRASTRUCTURE |
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INFRASTRUCTURE INVESTMENT ECONOMIC GROWTH INCOME INEQUALITY POVERTY ALLEVIATION PUBLIC INVESTMENT PHYSICAL INFRASTRUCTURE Timilsina, Govinda Hochman, Gal Song, Ze Infrastructure, Economic Growth, and Poverty : A Review |
relation |
Policy Research Working Paper;No. 9258 |
description |
How much an economy should invest in its
physical infrastructure is a crucial question being asked by
policy makers from developing countries where financial
resources for economic development are limited. This paper
aims to address this question by bringing insights from the
literature that investigates the relationship between
infrastructure investment, economic growth, and poverty
alleviation. The study shows that there is no consensus
among the existing studies, which are mostly focused on
industrialized economies, on the relationship between public
investment and economic growth. Studies that investigate the
relationship between physical infrastructure and economic
growth mostly conclude that there exists a positive
relationship. This is also true between physical
infrastructure and income inequality, as reported by a few
studies. This study also identifies many gaps in the
literature and highlights the need for further studies to
narrow them. |
format |
Working Paper |
author |
Timilsina, Govinda Hochman, Gal Song, Ze |
author_facet |
Timilsina, Govinda Hochman, Gal Song, Ze |
author_sort |
Timilsina, Govinda |
title |
Infrastructure, Economic Growth, and Poverty : A Review |
title_short |
Infrastructure, Economic Growth, and Poverty : A Review |
title_full |
Infrastructure, Economic Growth, and Poverty : A Review |
title_fullStr |
Infrastructure, Economic Growth, and Poverty : A Review |
title_full_unstemmed |
Infrastructure, Economic Growth, and Poverty : A Review |
title_sort |
infrastructure, economic growth, and poverty : a review |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/927361590594380798/Infrastructure-Economic-Growth-and-Poverty-A-Review http://hdl.handle.net/10986/33821 |
_version_ |
1764479588240457728 |