The economics of infrastructure in a globalized world: Issues, lessons and future challenges

Warwick McKibbin, Timo Henckel

    Research output: Contribution to journalArticle

    Abstract

    Although infrastructure is widely recognized as a key ingredient in a country’s economic success, many issues surrounding infrastructurespending are not well understood. This paper explores six themes: the returns to infrastructure; the role of the private sector; the evaluation and delivery of infrastructure in practice; the nature of network industries, pricing and regulation; political economy considerations of infrastructure provision; and infrastructure in developing countries. This paper aims to provide insights into many of these questions, drawing on the existing literature.
    Original languageEnglish
    Pages (from-to)254-271
    JournalJournal of Infrastructure, Policy and Development
    Volume1
    Issue number2
    DOIs
    Publication statusPublished - 2017

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