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What is Infrastructure Project Delays & Costs about?

This study analyzes delays and cost overruns in 894 infrastructure projects in India. The author finds that delays and cost overruns are very common, reducing efficiency and economic growth. Contractual and institutional failures are found to be statistically significant causes of overruns. The author calls for more India-specific research on causes to identify appropriate policy solutions, as privatization is often seen as the only solution but its effectiveness is unclear.

Author

Zohaib Maqsood

Language

EN