Infrastructure And Economic Growth In Asia PDF Download
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Author | : John Cockburn |
Publisher | : Springer |
Total Pages | : 156 |
Release | : 2013-12-05 |
Genre | : Business & Economics |
ISBN | : 3319031376 |
Download Infrastructure and Economic Growth in Asia Book in PDF, ePub and Kindle
Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.
Author | : John M. Cockburn |
Publisher | : Springer |
Total Pages | : 148 |
Release | : 2013-12-10 |
Genre | : Business & Economics |
ISBN | : 9783319031385 |
Download Infrastructure and Economic Growth in Asia Book in PDF, ePub and Kindle
Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.
Author | : Stephane Straub |
Publisher | : World Bank Publications |
Total Pages | : 47 |
Release | : 2008 |
Genre | : Banks and Banking Reform |
ISBN | : |
Download infrastructure and economic growth in east asia Book in PDF, ePub and Kindle
Abstract: This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting exercise and cross-country regressions fail to find a significant link between infrastructure, productivity and growth. These conclusions contrast strongly with previous studies finding positive and significant effect for all infrastructure variables in the context of a production function study. This leads us to conclude that results from studies using macro-level data should be considered with extreme caution. The Authors suggest that infrastructure investment may have had the primary function of relieving constraints and bottlenecks as they arose, as opposed to directly encouraging growth.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 235 |
Release | : 2017-02-01 |
Genre | : Business & Economics |
ISBN | : 9292577549 |
Download Meeting Asia's Infrastructure Needs Book in PDF, ePub and Kindle
Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.
Author | : Naoyuki Yoshino |
Publisher | : |
Total Pages | : 340 |
Release | : 2017-08-30 |
Genre | : Infrastructure (Economics) |
ISBN | : 9784899740711 |
Download Financing Infrastructure in Asia and the Pacific Book in PDF, ePub and Kindle
Governments throughout the Asia-Pacific region recognize the catalyzing role of infrastructure investment for sustainable growth. Yet, they are faced with the problem of financing new infrastructure. This book provides the latest evidence on the impact of infrastructure investment on economic and social indicators. Presenting several country studies, the book explains how infrastructure investment can increase output, taxes, trade, and firm productivity. Based on this evidence, the book proposes innovative modes of infrastructure financing. Written by leading international experts in economic analysis of infrastructure, the book is an invaluable source for policy makers to better design infrastructure projects.
Author | : Bambang Susantono |
Publisher | : World Scientific |
Total Pages | : 407 |
Release | : 2019-11-19 |
Genre | : Business & Economics |
ISBN | : 9811215138 |
Download Infrastructure Financing In Asia Book in PDF, ePub and Kindle
First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the positive impact of mass transit investments on land and property values, and the possibility of taxing the increase in values to finance these investments. It then examines Asia's current practices and new solutions that can help meet the infrastructure gap. It discusses the role of institutions, how innovation can foster energy infrastructure investments, and the role of bond markets in infrastructure investments. The book explores ASEAN+3 efforts in developing local currency bond markets to provide long-term local financing for infrastructure investment while providing financial resilience. It also examines the use of green bonds to finance sustainable growth in Asia.
Author | : Asian Development Bank |
Publisher | : |
Total Pages | : 298 |
Release | : 2009 |
Genre | : Asia |
ISBN | : |
Download Infrastructure for a Seamless Asia Book in PDF, ePub and Kindle
This study examines major challenges and issues associated with developing regional infrastructure through the fostering of regional cooperation in Asia, and provides a framework for pan-Asian infrastructure cooperation. The study's long-term vision is the creation of a seamless Asia (an integrated region connected by world-class, environmentally friendly infrastructure) in terms of both "hard" (physical) and "soft" (facilitating) infrastructure. The soft part supports the development and operation of the hard component. Findings indicate that the benefits of upgrading and extending Asia's infrastructure networks are substantial, and that all countries in the region would benefit. A logistics network is only as good as its weakest link; each country in a regional supply chain gains from infrastructure improvements made in others. Improving connectivity in the region would bring Asia large welfare gains through increased market access, reduced trade costs, and more efficient energy production and use. According to the study, to achieve this Asia needs to invest approximately $8 trillion in overall national infrastructure between 2010 and 2020. In addition, Asia needs to spend approximately $290 billion on specific regional infrastructure projects in transport and energy that are already in the pipeline
Author | : Asian Development Bank |
Publisher | : World Bank Publications |
Total Pages | : 312 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780821361627 |
Download Connecting East Asia Book in PDF, ePub and Kindle
Co-produced by the Asian Development Bank, the Japan Bank for International Co-operation and the World Bank, this publication examines the challenges of infrastructure development facing the countries of East Asia, driven by their rapid economic growth and urbanisation. The report is organised around three main themes: inclusive development; co-ordination of infrastructure levels; accountability and risk management; and includes includes case studies of regional good practice.
Author | : Douglas H. Brooks |
Publisher | : Edward Elgar Publishing |
Total Pages | : 256 |
Release | : 2008-01-01 |
Genre | : Business & Economics |
ISBN | : 1848442734 |
Download Infrastructure and Trade in Asia Book in PDF, ePub and Kindle
. . . this is a timely and useful collection of regional studies. Ben Shepherd, Asian Pacific Economic Literature Analysis of infrastructure s role in facilitating international trade and consequently regional economic integration is still rudimentary. This original book fills that knowledge gap by exploring relevant concepts, measurement issues, aspects of the implementation of trade-related infrastructure facilities and their impacts on poverty, trade, investment and macroeconomic balances. Continuing the series of books produced in association with the Asian Development Bank Institute, this study explores the virtuous cycle of infrastructure investment, trade expansion and economic growth in developing Asia. Issues relating infrastructure, both hard and soft, to trade facilitation and trade costs are defined and examined, and the role of infrastructure in regional cooperation to enhance intraregional trade is analysed. Empirical estimates of trade costs in Asia suggest there is significant room for infrastructure to lower those costs further. By approaching the infrastructure trade nexus at the regional level through cooperative activities, this study shows it is possible to increase the range of policy options and risk management opportunities. Infrastructure and Trade in Asia will be of interest to trade and infrastructure policymakers, academics at graduate and above levels involved in economic development and Asian studies as well as those in the development community interested in regional cooperation and integration.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 175 |
Release | : 2012-05-01 |
Genre | : Business & Economics |
ISBN | : 9290926171 |
Download Infrastructure for Supporting Inclusive Growth and Poverty Reduction in Asia Book in PDF, ePub and Kindle
This publication summarizes the papers and presentations in Workshops on Economics of Infrastructure in a Globalized World, funded by the Asian Development Bank through a regional technical assistance project. The discussions at the conferences focused on three themes: (i) the role of infrastructure in supporting inclusive growth and poverty reduction; (ii) the need for appropriate soft infrastructure, including the policy environment and regulatory institutions; and (iii) the potential for public and private partnerships in infrastructure provision. Each theme elaborates the premise that extensive, efficient infrastructure services are essential drivers of economic growth and sustainable poverty reduction.