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IMF: Infrastructure Drive May Not Fuel Much Growth

Infrastructure is at the top of the agenda in the world of economic policy as officials try to rev up a nearly idling global growth engine.
But will it deliver the long-term growth gains that policymakers claim? History indicates not, according to a new working paper published by the International Monetary Fund.


Source: http://blogs.wsj.com/economics/2014/08/13/global-infrastructure-drive-may-not-fuel-much-growth-imf-paper-says/?mod=marketbeat
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