Mind your P's and Q's: The costof public investment is not the value of public capital.
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TextPublication details: Washington : World Bank, 1996.Subject(s): Summary: Presents theory and caluculations to show that part of the explanation of slow growth in many poor countries is not that governments did not spend investments, but that these governments did not create productive capital.
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Presents theory and caluculations to show that part of the explanation of slow growth in many poor countries is not that governments did not spend investments, but that these governments did not create productive capital.
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