In the past three decades, developing countries have made significant economic and social
progress, from improved infant mortality rates to higher life expectancy. Yet, 1.3 billion …

Infrastructure investment has long been held as an accelerator or a driver of the economy.
Internationally, the UK ranks poorly with the performance of infrastructure and ranks in the …

This paper examines the mechanisms through which government spending affects the
dynamics of the real exchange rate. Using a two-sector dependent open economy model …

This study aims to analyze the economic impacts of infrastructure investment in Africa,
focusing on the Guinea-Bissau economy. Through a dynamic CGE model, we find that the …

Technological progress leads to the development of robots that are more error-prone and
fragile than their predecessors. Consequently, utilizing the existing automation capital stock …

Infrastructures based on the idea of public–private partnership (PPP) contributes to
promoting infrastructure investments, improving public services, and satisfying social …

Abstract [eng] The public sector institutions are constantly looking for the most efficient ways
of investment implementation and service delivery, while the collaboration with the private …

Using a two-sector neoclassical growth model in an open economy setting with
heterogeneous agents, this paper studies the distributional effects and welfare implications …

Public services are a prerequisite to the establishment of an enabling local development
environment. Within such an environment, local people are able to make productive use of …

The present paper considers a closed economy model with infrastructure service which is an
excludable, impure public good, eg metro railway service, electricity service, and telephone …