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Chicago Fed Letter, No. 184c, December 2002
Maintaining and Financing Infrastructure in Tough Budgetary Times (Midwest Infrastructure Issue)
Significant declines in expected revenues are forcing states to make dramatic cuts to their budgets; this makes it all the more critical to carefully assess which particular investments should be made. A recent conference at the Chicago Fed challenged policymakers to explore methods for pricing and managing our infrastructure assets to ensure that infrastructure investments are efficient and productive.
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