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Capital spending is the most productive part of public spending. Investment in electricity, water supply, roads and telecommunications have played a significant role in economic growth in developed countries, and also in developing countries. The lag in infrastructure development, especially road infrastructure can not be explained only by the lack of capital to support the development and financing of infrastructure, but the reason is the lack of government strategy in the insufficient care for the lost opportuni...

Studies confirm that in countries with low national incomes, the structure of public expenditures has a significant impact on the economic situation of the country. Great place in literature and analysis solution takes on the structure of public expenditures, which in the biggest cases are divided into productive and non-productive, and realize the individual effects of each part of the structure of the budgets. Public spending on salaries are negatively correlated with economic growth, while public spending on go...