Friday, June 24, 2022

Measuring Road Quality

The IMF has introduced a novel approach of measuring road quality in 162 countries. Excerpt:

"High-speed roads that can carry goods to customers in far-off markets raise productivity, reduce poverty and are an important contributor to sustainable and inclusive economic development."




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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.