Few would disagree that a better infrastructure enhances the productive potential of the economy, but there are two caveats86. Firstly, the political decision-making process often leads to bad decisions, which results in more infrastructure not always leading to a productivity-enhancing infrastructure. Secondly, and partly as a result of the first issue, there is little robust evidence of a systematic link between the level of infrastructure spending and economic growth. It is therefore next to impossible to document any correlation between the two, which just goes to show that too much public
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