Current Debates On Infrastructure Policy

Estache, Antonio; Fay, Marianne

doi:10.1596/1813-9450-4410

Cited by 125 publications

(80 citation statements)

References 76 publications

(70 reference statements)

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“…Even though investments in the respective infrastructures are likely to yield large returns (Calderon and Serven, 2014), in the absence of stable institutions and without access to capital markets it is unlikely that these public goods will be provided at the socially desirable level (Estache and Fay, 2007). As a result, infrastructure access gaps -especially within the developing world -are still high (see section 3.1 for details).…”

Section: Introductionmentioning

confidence: 99%

Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

et al. 2015

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ABSTRACT. It is often argued that, ethically, resource rents should accrue to all citizens. Yet, in reality, the rents from exploiting national resources are often concentrated in the hands of a few. If resource rents were to be taxed, on the other hand, substantial amounts of public money could be raised and used to cover the population's infrastructure needs, such as access to electricity, water, sanitation, communication technology and roads, which all play important roles in a nation's economic development process. Here, the authors examine to what extent existing resource rents could be used to provide universal access to these infrastructures.

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Section: Introductionmentioning

confidence: 99%

Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

et al. 2015

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“…In particular, he points out that infrastructure can exacerbate inequality, in part because of its unfair allocation, but also because the well-off are better positioned to take advantage of the economic opportunities it creates. Similarly, Estache and Fay (2007) showed that access to infrastructure was highly skewed against the poorest. This reflects lack of physical access as well as limited affordability.…”

Section: Public Spending On Physical Infrastructurementioning

confidence: 99%

Fiscal Policy for Inclusive Growth: An Overview

2014

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“…The development of infrastructure has been proven to be an effective means for economic progress (Estache and Fay 2007). Thus, it has been shown that the quantity and quality of the infrastructure have a positive impact on economic growth and are negatively correlated to income inequality.…”

Section: Introductionmentioning

confidence: 99%