Infrastructure And Productivity In Asia
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Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 235 |
Release | : 2017-02-01 |
Genre | : Business & Economics |
ISBN | : 9292577549 |
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 |
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 | : J. Kidd |
Publisher | : Springer |
Total Pages | : 249 |
Release | : 2005-02-11 |
Genre | : Social Science |
ISBN | : 0230523560 |
There is a feeling that Asia is at a crossroad, and is facing a new crisis. The earlier crisis of 1997/98 showed that effective systems were missing. Afterwards governments, foreign investors and foreign managers initiated more holistic infrastructures, but corruption, poorly connecting systems, and a lack of transparent management have ensured that these are under performing. In this book well-informed authors offer insights on Asia's political, educational and physical infrastructures, and indicate the routes leading to better integrated futures.
Author | : Asian Development Bank |
Publisher | : |
Total Pages | : 298 |
Release | : 2009 |
Genre | : Asia |
ISBN | : |
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 | : Douglas H. Brooks |
Publisher | : Edward Elgar Publishing |
Total Pages | : 256 |
Release | : 2009-01-30 |
Genre | : Business & Economics |
ISBN | : 1781953279 |
Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.
Author | : Mr.Dhaneshwar Ghura |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 1995-12-01 |
Genre | : Business & Economics |
ISBN | : 1451855753 |
The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.
Author | : Norman Loayza |
Publisher | : World Bank Publications |
Total Pages | : 169 |
Release | : 2005-01-01 |
Genre | : Business & Economics |
ISBN | : 0821360914 |
Several countries in Latin America and the Caribbean are suffering severe economic downturns and the success of market-oriented reforms is being called into question. This report seeks to contribute to the debate by examining the nature of economic growth in the region. The aim is threefold: to describe the basic characteristics of growth; explain differences across countries and to forecast changes over the next decade.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 737 |
Release | : 2020-04-01 |
Genre | : Business & Economics |
ISBN | : 9292621564 |
After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.
Author | : John Cockburn |
Publisher | : Springer |
Total Pages | : 156 |
Release | : 2013-12-05 |
Genre | : Business & Economics |
ISBN | : 3319031376 |
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 | : Edimon Ginting |
Publisher | : Asian Development Bank |
Total Pages | : 253 |
Release | : 2018-02-01 |
Genre | : Business & Economics |
ISBN | : 9292610791 |
The book focuses on Indonesia's most pressing labor market challenges and associated policy options to achieve higher and more inclusive economic growth. The challenges consist of creating jobs for and the skills in a youthful and increasingly better educated workforce, and raising the productivity of less-educated workers to meet the demands of the digital age. The book deals with a range of interrelated topics---the changing supply and demand for labor in relation to the shift of workers out of agriculture; urbanization and the growth of megacities; raising the quality of schooling for new jobs in the digital economy; and labor market policies to improve both labor standards and productivity.