Improving Public Infrastructure in the Philippines PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Improving Public Infrastructure in the Philippines PDF full book. Access full book title Improving Public Infrastructure in the Philippines by Mr.Takuji Komatsuzaki. Download full books in PDF and EPUB format.

Improving Public Infrastructure in the Philippines

Improving Public Infrastructure in the Philippines PDF Author: Mr.Takuji Komatsuzaki
Publisher: International Monetary Fund
ISBN: 151351511X
Category : Business & Economics
Languages : en
Pages : 24

Get Book Here

Book Description
This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and public investment efficiency, it uses model simulations to assess the macroeconomic implications of raising public investment and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure investment results in sustained gains in output; (ii) the effects of improving public investment efficiency are substantial; and (iii) deficit-financed increases in public investment lead to higher borrowing costs that constrain output increases over time, underscoring the importance of revenue mobilization.