745 citations · 1.1k across the 5 of their papers we have counts for
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q-fin.GN2016★ 354 cited
Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China
Atif Ansar, Bent Flyvbjerg, Alexander Budzier +1
The prevalent view in the economics literature is that a high level of infrastructure investment is a precursor to economic growth. China is especially held up as a model to emulat…
econ.GN2016★ 5 cited
Big is Fragile: An Attempt at Theorizing Scale
Atif Ansar, Bent Flyvbjerg, Alexander Budzier +1
In this paper we characterise the propensity of big capital investments to systematically deliver poor outcomes as "fragility," a notion suggested by Nassim Taleb. A thing or syste…