LEADER 00000cam a2200613Mi 4500 
001    ocn990416435 
003    OCoLC 
005    20181019034046.9 
006    m        d         
007    cr ||||||||||| 
008    170608t20172017dcua    ob    000 0 eng d 
019    1056575085 
020    1475598556|q(electronic book) 
020    9781475598551|q(electronic book) 
020    147559593X 
020    9781475595932 
022    1018-5941 
024 7  10.5089/9781475595932.001|2doi 
035    (OCoLC)990416435|z(OCoLC)1056575085 
037    1011494|bMIL 
040    IDEBK|beng|erda|cIDEBK|dCUY|dIDEBK|dOCLCQ|dOCLCO|dOCLCF
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049    RIDW 
050  4 HD4904.7 
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082 04 658.3|223 
090    HD4904.7 
245 00 Investing in public infrastructure :|broads or schools? /
       |cby Manoj Atolia [and three others]. 
264  1 [Washington, District of Columbia] :|bInternational 
       Monetary Fund,|c2017. 
264  4 |c©2017 
300    1 online resource (45 pages) :|billustrations (some color),
       tables, graphs. 
336    text|btxt|2rdacontent 
337    computer|bc|2rdamedia 
338    online resource|bcr|2rdacarrier 
347    data file|2rda 
490 1  IMF Working Papers 
520 3  Why do governments in developing economies invest in roads
       and not enough in schools? In the presence of 
       distortionary taxation and debt aversion, the different 
       pace at which roads and schools contribute to economic 
       growth turns out to be central to this decision. 
       Specifically, while costs are front-loaded for both types 
       of investment, the growth benefits of schools accrue with 
       a delay. To put things in perspective, with a "big push," 
       even assuming a large (15 percent) return differential in 
       favor of schools, the government would still limit the 
       fraction of the investment scale-up going to schools to 
       about a half. Besides debt aversion, political myopia also
       turns out to be a crucial determinant of public investment
       composition. A "big push," by accelerating growth outcomes,
       mitigates myopia-but at the expense of greater risks to 
       fiscal and debt sustainability. Tied concessional 
       financing and grants can potentially mitigate the adverse 
       effects of both debt aversion and political myopia. 
590    eBooks on EBSCOhost|bEBSCO eBook Subscription Academic 
       Collection - North America 
650  0 Human capital.|0https://id.loc.gov/authorities/subjects/
       sh85062845 
650  0 Public investments.|0https://id.loc.gov/authorities/
       subjects/sh85108691 
650  7 Human capital.|2fast|0https://id.worldcat.org/fast/962878 
650  7 Public investments.|2fast|0https://id.worldcat.org/fast/
       1082546 
655  4 Electronic books. 
700 1  Atolia, Manoj,|eauthor. 
830  0 IMF Working Papers. 
856 40 |uhttps://rider.idm.oclc.org/login?url=http://
       search.ebscohost.com/login.aspx?direct=true&scope=site&
       db=nlebk&AN=1519181|zOnline eBook. Access restricted to 
       current Rider University students, faculty, and staff. 
856 42 |3Instructions for reading/downloading the EBSCO version 
       of this eBook|uhttp://guides.rider.edu/ebooks/ebsco 
901    MARCIVE 20231220 
948    |d2081105|cEBSCO|tEBSCOebooksacademic NEW 10-19-18 1324 
       |lridw 
994    92|bRID