Small infrastructure has big impact in China
It is a familiar dilemma to policymakers around Asia: How much infrastructure, and what kind, is enough? How should developing economies prioritize when the needs are so great? China’s experience offers a surprising answer. While large-scale infrastructure sometimes generates GDP growth (it often do...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2016
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Online Access: | https://ink.library.smu.edu.sg/soss_research/2108 https://ink.library.smu.edu.sg/context/soss_research/article/3365/viewcontent/Small_Infrastructure_has_a_Big_Impact_in_China___Brink___The_Edge_of_Risk.pdf |
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Institution: | Singapore Management University |
Language: | English |
Summary: | It is a familiar dilemma to policymakers around Asia: How much infrastructure, and what kind, is enough? How should developing economies prioritize when the needs are so great? China’s experience offers a surprising answer. While large-scale infrastructure sometimes generates GDP growth (it often does not), smaller is often better for poverty reduction. |
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