Infrastructure, Value Chains, and Economic Upgrades

Luo, Xubei ; Xu, Xuejiao

World Bank, Washington, DC

关键词: GLOBAL VALUE CHAINS;    INFRASTRUCTURE;    ECONOMIC GROWTH;    COMPARATIVE ADVANTAGE;    INFRASTRUCTURE INVESTMENT;   

DOI  :  10.1596/1813-9450-8547
RP-ID  :  WPS8547

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Infrastructure development is criticalto delivering growth, reducing poverty, and addressingbroader development goals. This paper surveys the literatureon the linkages between infrastructure investment andeconomic growth, discusses the role of infrastructure inparticipation in global value chains and supporting economicupgrades, highlights the challenges that the least developedcountries face, and provides policy recommendations. Itsuggests that addressing the bottlenecks in infrastructureis a necessary condition to provide a window of opportunityfor an economy to develop following its comparativeadvantage. With the right conditions, good infrastructurecan support an economy, particularly a less developedeconomy, to reap the benefits of participation in globalvalue chains to upgrade the economic structure.