Investing in Local Roads for Economic Growth
Gilberto M. Llanto
No DP 2011-38, Discussion Papers from Philippine Institute for Development Studies
Abstract:
Local road investments work for growth and poverty reduction in local areas. The paper highlights the importance of investing in local roads and directs attention to the critical role of local government units (LGUs) in improving the local road network. Raising additional monies to fund local roads is only partly a solution. Much more will depend on the quality and strength of governance and adherence to good planning, budgeting, and procurement practices in the national government and local government units. This paper identifies what local government units can do to improve local road networks.
Keywords: Philippines; road network; logistics; local governments; fiscal capacity (search for similar items in EconPapers)
Pages: 27
Date: 2011
New Economics Papers: this item is included in nep-geo, nep-tre and nep-ure
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