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Towards Prosperity: Harnessing Infrastructure for Economic Growth

In: Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)

Author

Listed:
  • Awal Nopriyanto Bahasoan

    (Sulawesi Barat University)

  • Rahmatia Rahmatia

    (Hasanuddin University)

  • Muhammad Jibril Tajibu

    (Hasanuddin University)

  • Amanus Khalifah Fil’ardy Yunus

    (Hasanuddin University)

Abstract

Infrastructure has a strategic role in facilitating economic growth, especially in developing regions. Through the Systematic Literature Review (SLR) approach with the PRISMA method, this study identifies the direct and indirect relationship between infrastructure development and economic growth. Adequate infrastructure increases productivity, efficiency, and market accessibility, which ultimately accelerates economic growth. This article reviews the latest literature on infrastructure, economic growth, and regional development, especially in developing countries. The study also explores moderation factors, such as government policies and public investment, that can affect the effectiveness of infrastructure in supporting economic growth. The results of this study show that targeted infrastructure investment can strengthen regional competitiveness, improve quality of life, and reduce economic disparities between regions. The conclusion of this study is the importance of synergy between the public and private sectors in infrastructure development to support sustainable economic growth.

Suggested Citation

  • Awal Nopriyanto Bahasoan & Rahmatia Rahmatia & Muhammad Jibril Tajibu & Amanus Khalifah Fil’ardy Yunus, 2025. "Towards Prosperity: Harnessing Infrastructure for Economic Growth," Advances in Economics, Business and Management Research, in: Mursalim Nohong & Fitra Roman Cahaya & Phung Minh Tuan & Arifuddin Mannan & Anas Iswanto Anwar & Ria (ed.), Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024), pages 1636-1657, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-758-8_129
    DOI: 10.2991/978-94-6463-758-8_129
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