Op-ed by Laura Tyson and Lenny Mendonca, includes “… Infrastructure investment is a twofer: in the short run, it stimulates demand through strong fiscal multiplier effects, and it strengthens the supply foundations of economic growth and competitiveness over time. The infrastructure plans being debated this month would generate these macroeconomic benefits in ways that would also foster greater equity and climate resilience. …”
Read the full article on: Project Syndicate