Investing in Local Roads for Economic Growth
AbstractLocal road investments work for growth and poverty reduction in local areas. The paper highlights the importance of investing in local roads and directs attention to the critical role of local government units (LGUs) in improving the local road network. Raising additional monies to fund local roads is only partly a solution. Much more will depend on the quality and strength of governance and adherence to good planning, budgeting, and procurement practices in the national government and local government units. This paper identifies what local government units can do to improve local road networks.
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Bibliographic InfoPaper provided by Philippine Institute for Development Studies in its series Discussion Papers with number DP 2011-38.
Date of creation: 2011
Date of revision:
Philippines; road network; logistics; local governments; fiscal capacity;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-21 (All new papers)
- NEP-GEO-2012-03-21 (Economic Geography)
- NEP-TRE-2012-03-21 (Transport Economics)
- NEP-URE-2012-03-21 (Urban & Real Estate Economics)
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