roads

New estimates of the social rates of return on investment in road infrastructure in emerging market and developing economies highlight substantial unrealised gains from redirecting advanced-economy savings towards public investment in developing coun...

In rural India, roads and electricity complement each other, with their joint provision delivering far greater gains in dry-season agricultural productivity, assets, and consumption than either investment alone.

Infrastructure can drive development, but history shows it can also be used for political control. Paraguay’s roads under Stroessner's dictatorship highlight this dual nature, providing valuable lessons for today’s policymakers.

Greater competition from improved roads that connected markets in Ethiopia increased the divide between firms in the formal and informal sectors.

Evidence from road construction in India shows that there are clear political gains from investing in large scale public infrastructure projects. The price of a vote however is substantial and may be overshadowed by more cost-effective short-term vot...

A programme constructing new rural roads in India increased bank lending, particularly to previously excluded communities, with new financing put towards productive uses

Better roads help manufacturers create new jobs, enabling worker transitions out of informal employment, and increasing wages.

Better roads help manufacturers create new jobs, enabling worker transitions out of informal employment, and increasing wages.