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Publication Date: October 2008
Publisher: Progressive Policy Institute (U.S.)
Author(s): Jessica Milano
Research Area: Economics
Keywords: Infrastructure investment; Public infrastructure; Presidential transition
Type: Brief
Coverage: United States
Abstract:
America's infrastructure is in need of significant repairs, but increased demand cannot be met by tax-based government funds alone. An American Investment Bank would be able to raise funds for infrastructure development, promote public-private partnerships, and allocate funds efficiently without being subject to some of the pitfalls of annual budgeting.