Infrastructure, Value Chains, and Economic Upgrades
Infrastructure development is critical to delivering growth, reducing poverty, and addressing broader development goals. This paper surveys the literature on the linkages between infrastructure investment and economic growth, discusses the role of infrastructure in participation in global value chains and supporting economic upgrades, highlights the challenges that the least developed countries face, and provides policy recommendations. It suggests that addressing the bottlenecks in infrastructure is a necessary condition to provide a window of opportunity for an economy to develop following its comparative advantage. With the right conditions, good infrastructure can support an economy, particularly a less developed economy, to reap the benefits of participation in global value chains to upgrade the economic structure.
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| Format: | Working Paper biblioteca |
| Language: | English |
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World Bank, Washington, DC
2018-08
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| Subjects: | GLOBAL VALUE CHAINS, INFRASTRUCTURE, ECONOMIC GROWTH, COMPARATIVE ADVANTAGE, INFRASTRUCTURE INVESTMENT, |
| Online Access: | http://documents.worldbank.org/curated/en/698191534165164781/Infrastructure-value-chains-and-economic-upgrades https://hdl.handle.net/10986/30237 |
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dig-okr-10986302372024-08-30T08:00:30Z Infrastructure, Value Chains, and Economic Upgrades Luo, Xubei Xu, Xuejiao GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT Infrastructure development is critical to delivering growth, reducing poverty, and addressing broader development goals. This paper surveys the literature on the linkages between infrastructure investment and economic growth, discusses the role of infrastructure in participation in global value chains and supporting economic upgrades, highlights the challenges that the least developed countries face, and provides policy recommendations. It suggests that addressing the bottlenecks in infrastructure is a necessary condition to provide a window of opportunity for an economy to develop following its comparative advantage. With the right conditions, good infrastructure can support an economy, particularly a less developed economy, to reap the benefits of participation in global value chains to upgrade the economic structure. 2018-08-15T19:48:18Z 2018-08-15T19:48:18Z 2018-08 Working Paper Document de travail Documento de trabajo http://documents.worldbank.org/curated/en/698191534165164781/Infrastructure-value-chains-and-economic-upgrades https://hdl.handle.net/10986/30237 English Policy Research Working Paper;No. 8547 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain World Bank, Washington, DC |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English |
| topic |
GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT |
| spellingShingle |
GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT Luo, Xubei Xu, Xuejiao Infrastructure, Value Chains, and Economic Upgrades |
| description |
Infrastructure development is critical
to delivering growth, reducing poverty, and addressing
broader development goals. This paper surveys the literature
on the linkages between infrastructure investment and
economic growth, discusses the role of infrastructure in
participation in global value chains and supporting economic
upgrades, highlights the challenges that the least developed
countries face, and provides policy recommendations. It
suggests that addressing the bottlenecks in infrastructure
is a necessary condition to provide a window of opportunity
for an economy to develop following its comparative
advantage. With the right conditions, good infrastructure
can support an economy, particularly a less developed
economy, to reap the benefits of participation in global
value chains to upgrade the economic structure. |
| format |
Working Paper |
| topic_facet |
GLOBAL VALUE CHAINS INFRASTRUCTURE ECONOMIC GROWTH COMPARATIVE ADVANTAGE INFRASTRUCTURE INVESTMENT |
| author |
Luo, Xubei Xu, Xuejiao |
| author_facet |
Luo, Xubei Xu, Xuejiao |
| author_sort |
Luo, Xubei |
| title |
Infrastructure, Value Chains, and Economic Upgrades |
| title_short |
Infrastructure, Value Chains, and Economic Upgrades |
| title_full |
Infrastructure, Value Chains, and Economic Upgrades |
| title_fullStr |
Infrastructure, Value Chains, and Economic Upgrades |
| title_full_unstemmed |
Infrastructure, Value Chains, and Economic Upgrades |
| title_sort |
infrastructure, value chains, and economic upgrades |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018-08 |
| url |
http://documents.worldbank.org/curated/en/698191534165164781/Infrastructure-value-chains-and-economic-upgrades https://hdl.handle.net/10986/30237 |
| work_keys_str_mv |
AT luoxubei infrastructurevaluechainsandeconomicupgrades AT xuxuejiao infrastructurevaluechainsandeconomicupgrades |
| _version_ |
1809105186318188544 |