Is China’s infrastructure development experience unique?

Zhi Liu and Xiuying Liu

Journal of Chinese Economic and Business Studies, 2023, vol. 21, issue 3, 323-340

Abstract: The rapid development of infrastructure in China over the last four decades has drawn not only considerable international media coverage, but also research interest from the academic world. Few studies, however, ask the question if China’s infrastructure development experience is extraordinary. By comparing the level and pace of infrastructure development between China and other countries, we find that the case of China is not unique at the country level. What is unique is the heavy use of infrastructure investment as a policy instrument to stimulate the economy, both at the upturns and downturns. The paper further identifies the key weaknesses of China’s infrastructure sector, and highlights the effects of economic, technological, demographic, and climate trends on the future of infrastructure, and discusses the directions of infrastructure development in the next 20–30 years.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/14765284.2022.2040074 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:jocebs:v:21:y:2023:i:3:p:323-340

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RCEA20

DOI: 10.1080/14765284.2022.2040074

Access Statistics for this article

Journal of Chinese Economic and Business Studies is currently edited by Professor Xiaming Liu

More articles in Journal of Chinese Economic and Business Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().