Categorie
Uncategorized

INFRASTRUCTURE SPENDING – The Infrastructure Spending Challenge (Kenneth Rogoff, Project-Syndicate)

Macroeconomists broadly agree that productive infrastructure spending is welcome after a deep recession, especially when interest rates are at record lows. But in advanced economies, any new project typically requires navigating difficult right-of-way issues, environmental concerns, and objections from apprehensive citizens.

https://www.project-syndicate.org/commentary/covid19-recession-infrastructure-spending-challenge-by-kenneth-rogoff-2020-12