Unlocking Economic Growth: How Infrastructure Investment Can Transform Emerging Markets
Infrastructure development in countries like India can be tricky, but a recent study found that rapid growth in infrastructure doesn't harm the economy. Banks can help finance infrastructure projects, but they need to be careful not to be too pushy. Developing the capital market is crucial for funding big projects, and getting private investors involved requires better rules and institutions. Public support, like credit guarantees, can boost investor confidence, but governments need to watch out for financial risks.