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B. Inggris-WPS Office
B. Inggris-WPS Office
Inggris
Infrastructure plays a crucial role in the economic development of a country. It not only facilitates the
movement of goods and services but also creates an environment conducive to business and
investment. When recommending infrastructure projects to prioritize for economic growth in
developing countries, it is essential to consider the potential benefits and challenges associated with
each type of project.
Research has shown that infrastructure investment has a significant impact on national competitiveness
and economic growth[1]. It is widely recognized as a key ingredient in a country's economic success[3].
Infrastructure projects can lead to positive externalities for the private sector, contributing to the well-
being of households and the productivity of firms[5].
- **Challenges**: Financing, governance, and regulatory issues are common challenges associated with
infrastructure projects. Additionally, environmental and social impacts need to be carefully considered
to ensure sustainable development.
[1][2][3][5]
Citations:
[1] https://www.sciencedirect.com/science/article/pii/S2212567115003226
[2] https://www.nber.org/programs-projects/projects-and-centers/7376-economics-infrastructure-
investment
[3] https://www.brookings.edu/articles/the-economics-of-infrastructure-in-a-globalized-world-issues-
lessons-and-future-challenges/
[4] https://www.nber.org/system/files/working_papers/w28215/w28215.pdf
[5] https://economics.wm.edu/wp/cwm_wp108rev1.pdf