Economic Development and Infrastructure

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Questions and Answers

To maintain economic growth, any country requires ______ development.

infrastructural

Traditional sources of public finance for supporting ______ development are frequently unavailable or within very constrained limits.

infrastructural

The existence and delivery of ______ has become apparent and crucial for any given realm.

Public-Private Partnerships

The Jakarta MRT project is an example of ______.

<p>Public-Private Partnerships</p> Signup and view all the answers

In order to maintain economic growth, any country requires ______ development, which is supported by PPP.

<p>infrastructural</p> Signup and view all the answers

What is the primary reason for the importance of Public-Private Partnerships (PPP)?

<p>To maintain economic growth (C)</p> Signup and view all the answers

Traditional sources of public finance are always sufficient for infrastructural development.

<p>False (B)</p> Signup and view all the answers

What is the significance of infrastructure development in a country?

<p>Infrastructure development is crucial for maintaining economic growth.</p> Signup and view all the answers

The Jakarta MRT project is an example of a successful ______ partnership.

<p>Public-Private</p> Signup and view all the answers

Match the following terms with their descriptions:

<p>Infrastructure Development = Essential for economic growth Public Finance = Traditional source of funding for development projects Public-Private Partnerships (PPP) = Collaboration between government and private sector for development projects</p> Signup and view all the answers

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Study Notes

Importance of Infrastructure Development

  • Economic growth is dependent on infrastructure development in any country.

Limitations of Public Finance

  • Traditional public finance sources for infrastructure development are often unavailable.
  • Traditional public finance sources for infrastructure development have severely constrained limits.

Role of Public-Private Partnerships (PPPs)

  • PPPs have become essential for infrastructure development due to limited public finance.
  • PPPs play a crucial role in the delivery of infrastructure projects.

Example of PPP in Action

  • The Jakarta MRT project is an example of a PPP in action.

Importance of Infrastructure Development

  • Economic growth is dependent on infrastructure development in any country.

Limitations of Public Finance

  • Traditional public finance sources for infrastructure development are often unavailable.
  • Traditional public finance sources for infrastructure development have severely constrained limits.

Role of Public-Private Partnerships (PPPs)

  • PPPs have become essential for infrastructure development due to limited public finance.
  • PPPs play a crucial role in the delivery of infrastructure projects.

Example of PPP in Action

  • The Jakarta MRT project is an example of a PPP in action.

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