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Public Capital, Growth and Welfare: Analytical Foundations for Public Policy
Pierre-Richard Agénor
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Description for Public Capital, Growth and Welfare: Analytical Foundations for Public Policy
Hardback. In the past three decades, developing countries have made significant economic and social progress, from improved infant mortality rates to higher life expectancy. Taking a look at this kind of investment and its outcomes, this book explores the different channels through which public capital in infrastructure may affect growth and human welfare. Num Pages: 264 pages, 20 line illus. BIC Classification: KCM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 241 x 167 x 22. Weight in Grams: 514.
In the past three decades, developing countries have made significant economic and social progress, from improved infant mortality rates to higher life expectancy. Yet, 1.3 billion people continue to live in extreme poverty in the developing world, leading policymakers to place a renewed emphasis on policies that could promote economic efficiency and the productivity of the poor. How should these policies be sequenced and implemented to spur growth? Would a large, front-loaded increase in public infrastructure investment yield the desired growth-promoting effect? Taking a rigorous look at this kind of investment and its outcomes, this book explores the different channels ... Read more
In the past three decades, developing countries have made significant economic and social progress, from improved infant mortality rates to higher life expectancy. Yet, 1.3 billion people continue to live in extreme poverty in the developing world, leading policymakers to place a renewed emphasis on policies that could promote economic efficiency and the productivity of the poor. How should these policies be sequenced and implemented to spur growth? Would a large, front-loaded increase in public infrastructure investment yield the desired growth-promoting effect? Taking a rigorous look at this kind of investment and its outcomes, this book explores the different channels ... Read more
Product Details
Format
Hardback
Publication date
2013
Publisher
Princeton University Press
Number of pages
264
Condition
New
Number of Pages
264
Place of Publication
New Jersey, United States
ISBN
9780691155807
SKU
V9780691155807
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Pierre-Richard Agénor
Pierre-Richard Agenor is the Hallsworth Professor of International Macroeconomics and Development Economics at the University of Manchester and codirector of the Centre for Growth and Business Cycle Research. He is the coauthor of Development Macroeconomics (Princeton) and author of The Economics of Adjustment and Growth, among other books.
Reviews for Public Capital, Growth and Welfare: Analytical Foundations for Public Policy
"As the developed world stands on the precipice of another deep recession, this book reminds us all that infrastructure investment is a powerful growth accelerator for the poorest nations on earth. Pierre-Richard Agenor lays solid foundations for intelligent public debates about development policy in a book that weaves together empirical evidence, economic intuition, and rigorous theory. The outcome is an ... Read more