National accounting for infrastructure

Grice, Joe

doi:10.1093/oxrep/grw018

Cited by 6 publications

(2 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Grice [36] reinforced this point by suggesting that a lack of public investment in transport infrastructure over the past forty years is one of the primary reasons why productivity in the UK is approximately a third lower than that of other advanced economies in the region, such as Germany and France when measured by output per labour hour. These results are a clear indication that congestion and other forms of transit delay have a negative impact on overall productivity.…”

Section: Direct Effects Of Infrastructure Investmentmentioning

confidence: 99%

“…Government investment specifically directed to public transport infrastructure is a keystone of strategies for economic growth [35,36]. Acknowledging this, the World Bank has lent approximately 20% of its total dispersed funds to finance transport infrastructure projects in the last few years [37].…”

Section: Long-term Economic and Socioeconomic Impacts Of Transport In...mentioning

confidence: 99%

See 1 more Smart Citation

Fiscal Success: Creating Quality Infrastructure in a Post-COVID World

Langston

Crowley

2022

Sustainability

View full text Add to dashboard Cite

Governments are engaged in unprecedented fiscal support, particularly regarding public infrastructure, as stimulus to economic recovery from the COVID-19 pandemic. It is a necessary response to increased unemployment and the collateral damage to consumer confidence and spending. Keeping people employed via nation-building projects, especially involving transport infrastructure, and their supply chains is a key objective and has the potential to deliver assets that support long-term productive capacity. Nevertheless, it is critical that public infrastructure is of appropriate quality to ensure projects are progressive, governments manage long-term benefits realization and critical resources are not wasted through hidden future liabilities. This research explores and discusses the extent of agreement between the G20 policy framework on quality infrastructure investment (process theory) against a leading project success evaluation method (process practice) by mapping both artefacts using qualitative content analysis. It is found that project success evaluation offers a ‘high’ thematic match against G20 policy ideals and therefore provides an opportunity for project managers to ensure investments in quality infrastructure are indeed realized. This contributes to progressive infrastructure outcomes that take into consideration financial, social, ethical and environmental consequences. Fiscal success is equated to project success in this context.

show abstract

Section: Direct Effects Of Infrastructure Investmentmentioning

confidence: 99%