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Investing in infrastructure : what is needed from 2000 to 2010?

  • Fay, Marianne
  • Yepes, Tito

The authors estimate demand for infrastructure services over the first decade of the new millennium based on a model that relates demand for infrastructure with the structural change and growth in income the world is expected to undergo between now and 2010. It should be noted that predictions are based on estimated demand rather than on any absolute measure of"need"such as those developed in the Millenium Development Goals. The authors also provide estimates of associated investment and maintenance expenditures and predict total required resource flows to satisfy new demand while maintaining service for existing infrastructure.

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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 3102.

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Date of creation: 31 Jul 2003
Date of revision:
Handle: RePEc:wbk:wbrwps:3102
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  1. Easterly, William & Rebelo, Sergio, 1993. "Fiscal policy and economic growth: An empirical investigation," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 417-458, December.
  2. David Aschauer, 1988. "Is public expenditure productive?," Staff Memoranda 88-7, Federal Reserve Bank of Chicago.
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