The role of infrastructure in economic growth and welfare has been studied extensively across the literature over the past three decades. Post World War II reconstruction presented a model where governments invested in economies in order to create an enabling environment for the private sector. This led to infrastructure being viewed as something along the lines of a public good, and in many countries its provision became the sole responsibility of the state.
CITATION STYLE
Ahmed, V., Abbas, A., & Ahmed, S. (2013). Public Infrastructure and Economic Growth in Pakistan: A Dynamic CGE-Microsimulation Analysis. In Economic Studies in Inequality, Social Exclusion and Well-Being (pp. 117–143). Springer. https://doi.org/10.1007/978-3-319-03137-8_5
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