Infrastructure spending 'key' to exit crisis

More investment in infrastructure offers countries a way out of the imbalances behind the global financial crisis, argues Justin Lin Yifu, honorary dean at Beijing University’s National School of Development and former chief economist at the World Bank.  Speaking at the Boao Forum for Asia, China’s big annual meeting of politicians and business leaders, Lin recounted how in September 2008, as Wall Street teetered on collapse, he had to advise emerging market governments on whether…