Financial Express cited a study co-authored by Associate Professor Abhiroop Mukherjee, IEMS Faculty Associate and Department of Finance. Policy-makers assume financing will follow once roads are built, and facilitate best use of new productive opportunities created by new road connectivity. Yet many rural and agrarian economies suffer from chronic problems of financing. Therefore, a key question remains: if you build it (roads), will they (financing) come? Even if financing does follow infrastructure improvements, who will it benefit: the relatively rich villagers or the poorer villagers who were excluded from formal finance to begin with? These questions are of immense relevance to policy-makers but remain under-explored in extant research.
Read the full article by Financial Express here.
Email: iems@ust.hk
Phone: (852) 3469 2215
Address:
IAS 2018 -2020
Lo Ka Chung Building, Lee Shau Kee Campus
The Hong Kong University of Science and Technology
Clear Water Bay, Kowloon, Hong Kong
Get updates from HKUST IEMS
Please wait...
To complete the subscription process,
please click the link in the email we just sent you.
Oops! Subscription Error,
you should try again.
Confirmation Success. Thank you.