The Imf On Infrastructure

The Imf On Infrastructure

The International Monetary Fund endorses the free-lunch persuasion of infrastructure spending. That is, an IMF study suggests that the expansionary effects are sufficiently large that debt-financed infrastructure spending could trim the debt-GDP ratio over time. 

Certainly this resultant is theoretically possible (just similar self-financing taxation cuts), but you tin count me as skeptical well-nigh how often it volition come about inwards do (just similar self-financing taxation cuts).  The human vogue for wishful thinking together with the want to avoid difficult tradeoffs are together with then mutual that it is unsafe for a prominent establishment similar the International Monetary Fund to encourage free-lunch thinking.
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