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The central policy objective of a national infrastructure bank is
to increase investment in infrastructure. Greater investment is
desired because high-quality, well maintained infrastructure is
believed to increase private-sector productivity and improve public
health and welfare. The magnitude of the increased productivity,
however, is not settled, as empirical analysis does not always
support the conjecture that greater infrastructure investment
uniformly generates productivity gains. The type of infrastructure
and the type of investment are critical elements in such an
assessment. This book provides an overview of the infrastructure
bank concept and some examples of existing infrastructure financing
mechanisms. Discussed also are select legislative proposals for
infrastructure banks, and the federal role in financing these
proposals.
This scarce antiquarian book is a selection from Kessinger
Publishing's Legacy Reprint Series. Due to its age, it may contain
imperfections such as marks, notations, marginalia and flawed
pages. Because we believe this work is culturally important, we
have made it available as part of our commitment to protecting,
preserving, and promoting the world's literature. Kessinger
Publishing is the place to find hundreds of thousands of rare and
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