Public Investment and Economic Growth
+ Public Investment and Economic Growth March 22, 2017 +Economic Growth What factors influence economic growth? Human Capital Education Health Livability Physical Infrastructure Capital Infusion Technology Natural Resources Regulation Business and Cultural Climate +Public Funding Mandates: Health and Education Health Reduce Hunger Reduce Child and Infant Mortality Increase life expectancy Combat serious illnesses Promote psychological security Education Provide enough funding and resources to give all students a basic education (K to 12) Dropouts cost the Territory in lost wages and taxes, costs for social services and crime. +Health and Economic Growth Public goods in the health sector impact growth through different mechanisms, some more direct than others. Among these are the following: Increase labor productivity. Promote savings in health expenditures and increase productivity in the sector. Increase in the attractiveness of investment in human resources, worker longevity, and capital investments. Promote technological innovation. …
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