To what extent can public private partnerships in infrastructure development contribute to economic and social development in industrializing economies?
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Infrastructure is an ingredient of economic and social development in developing and developed economies. Infrastructure provides the core networks upon which all of an economy's economic and social activities depend. A review of international empirical evidence points to a positive association between infrastructure investment and productive capacity & output growth, domestic and overseas trade, lower private costs, employment and incomes. lnfrastructure has also been shown to improve multifactor productivity and trade that leads to spatial development
in regional economies.
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