A G20 priority for this year is to identify policies that can boost global growth. One priority area is to address barriers to the financing of infrastructure projects. The Reserve Bank of Australia’s annual conference was dedicated to this theme: the papers (including my own contribution) are available here.
This week’s edition of the Economist also has an article on this topic here.
2 replies on “Financing Infrastructure”
Martrin Wolf has written often on this issue. With very low interest rates surely the sovereign can invest in infrastructure which will yield at least it’s borrowing costs . The multipler effect through the economy would stimulate jobs and economic activity and tax receipts.
The graph below should give some insight: