The Role of Investment in Infrastructure Development: A Comparative Analysis of Developed and Transition Economies

Authors

  • Maria Vakulich Ukrainian State University of Science and Technologies, Dnipro
  • Ihor Zlakoman Juridical Sciences https://orcid.org/0009-0003-2482-934X
  • Larysa Boltianska Agrotechnological University, Zaporizhzhia
  • Viktoriia Budnyk State University of Infrastructure and Technologies, Kyiv https://orcid.org/0000-0002-8936-0875
  • Oleksandr Zinevych Inerregional Academy of Personnel Management, Kyiv

DOI:

https://doi.org/10.14195/2183-203X_60_3

Keywords:

Infrastructure investments, Transport, Public-private partnerships, Financing mechanism, Institutional investments

Abstract

The growing importance of infrastructure investments in developed and transitional economies is driven by multiplier, production, and transport effects. This article examines their role using a comparative structural analysis of investment trends from 1990-2023. Results reveal major regional differences: in East Asia and the Pacific, mixed financing and greenfield projects dominate new transport construction, while in Europe and Central Asia, investment focuses on modernizing existing infrastructure through balanced policies. Strategies are shaped by institutional capacity, urbanization, population density, export potential, and fiscal resources. The findings highlight how the experience of developed economies can inform infrastructure development in transition economies.

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Published

2025-12-16

Issue

No. 60 (2025): Special Issue on “Economic Resilience and Transformation in Times of Global Uncertainty: Insights from Eastern European Scholarship”

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows sharing the work with recognition of authorship and initial publication in Antropologia Portuguesa journal.