Innovative Financing for City Infrastructure Investment by Increasing the Rate of Return from Spillover Tax Revenues

Innovative Financing for City Infrastructure Investment by Increasing the Rate of Return from Spillover Tax Revenues
Author: Naoyuki Yoshino
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

The growing trend of urban city development requires various infrastructure investments, including water supply, electricity, sanitation, transportation, and other supporting facilities. In facing this challenge, many Asian countries experience significant constraints, particularly on the issues of land acquisition and insufficient financial supply, which potentially create a time delay in infrastructure investment and huge budget deficits. If these infrastructure investments were financed by overseas investors, future exchange rate risks would have to be carried by infrastructure companies. This paper examines further ways to attract more investment in infrastructure by applying spillover tax revenues. Case studies of some innovative financing aspects of Japan and other countries are also presented.

Creating Livable Asian Cities

Creating Livable Asian Cities
Author: Bambang Susantono
Publisher: Asian Development Bank
Total Pages: 588
Release: 2021-04-01
Genre: Business & Economics
ISBN: 929262783X

This book explores how Asia's fast-growing cities can fulfil their potential as engines of economic prosperity and provide a livable environment for all citizens. But for this to happen, major challenges that reduce urban communities' quality of life and economic opportunities must be addressed. These include poor planning, a lack of affordable housing, inequalities, pollution, climate vulnerabilities, and urban infrastructure deficits. The book's 19 articles unwrap these challenges and present solutions focused on smart and inclusive planning, sustainable transport and energy, innovative financing, and resilience and rejuvenation.

The Development Dimension Innovation for Water Infrastructure Development in the Mekong Region

The Development Dimension Innovation for Water Infrastructure Development in the Mekong Region
Author: OECD
Publisher: OECD Publishing
Total Pages: 133
Release: 2020-08-31
Genre:
ISBN: 9264902457

Water-related infrastructure could contribute significantly to the development of the Mekong region. At the same time, poor water infrastructure could lead to development challenges for the countries in the region. Innovation for Water Infrastructure Development in the Mekong Region discusses the challenges facing the region as well as the possible innovative policy options, including those used in Emerging Asian countries, and with reference to the experiences of OECD member countries.

Innovative Funding and Financing for Infrastructure

Innovative Funding and Financing for Infrastructure
Author: Jeff Delmon
Publisher: Cambridge University Press
Total Pages: 243
Release: 2024-01-31
Genre: Political Science
ISBN: 1009340204

A guide to innovative sources of revenues and finance to increase investment opportunities in infrastructure and conserve public resources.

Municipal Infrastructure Financing

Municipal Infrastructure Financing
Author: Munawwar Alam
Publisher: Commonwealth Secretariat
Total Pages: 164
Release: 2010
Genre: Business & Economics
ISBN: 9781849290036

Presents an overview of the municipal finances and the extent of private sector involvement in the delivery of municipal services in selected Commonwealth developing countries. This title examines four cities: Dar es Salaam in Tanzania, Kampala in Uganda, Dhaka in Bangladesh, and Karachi in Pakistan.

The Global Quest for Sustainability

The Global Quest for Sustainability
Author: Carlo Secchi
Publisher: Ledizioni
Total Pages: 208
Release: 2021-10-05
Genre: Political Science
ISBN: 8855265350

In the aftermath of the pandemic, global demand for infrastructure is booming. National plans around the world show that infrastructure is likely to provide the backbone for a resurgence in public expenditure, and to support growth in economies badly hit by the pandemic.As all the biggest powers and blocs (the EU, the US, China, and Japan) have recently announced their plans for climate or carbon neutrality, the room and need for green and sustainable infrastucture are greatly expanding. Decarbonisation and digitalisation will be underpinning this latest investment drive in infrastructure, with sustainability and ESG principles at its core. However, infrastructure expenditure will not come without risk: after the pandemic, the world will be left with the highest levels of public andprivate debt since World War II, and the sustainability of key investment decisions must be carefully evaluated.How to foster quality and sustainable infrastructure investment? What role for the private sector? What future for sustainable mobility? What kind of policies will countries adopt to reach carbon neutrality?

Innovative Financing of Infrastructure Investment; The Use of Tax-Exempt Bonds

Innovative Financing of Infrastructure Investment; The Use of Tax-Exempt Bonds
Author: United States Congress
Publisher: Forgotten Books
Total Pages: 164
Release: 2016-12-28
Genre: Reference
ISBN: 9781334805882

Excerpt from Innovative Financing of Infrastructure Investment; The Use of Tax-Exempt Bonds: Hearing Before the Subcommittee on Economic Development of the Committee on Public Works and Transportation, House of Representatives, One Hundred Third Congress, Second Session, June 30, 1994 However, the federal tax code provides certain exceptions that permit interest on bonds issued from certain facilities to be tax-exempt even though the bonds meet the private-activny bond tests. These exempt facilities Include airports, wastewater treatment facilities, and solid waste disposal facilities. Various conditions and limitations apply to the use of tax-exempt bonds for each of these exempt facilities. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Innovative Infrastructure Finance

Innovative Infrastructure Finance
Author: Can Chen
Publisher: Springer Nature
Total Pages: 198
Release: 2022-02-04
Genre: Business & Economics
ISBN: 3030914119

Infrastructure is the foundation of modern economies. A robust, efficient, and well-maintained infrastructure system is critical to support the nation’s economy, improve quality of life, and strengthen global competitiveness. The serious infrastructure deficit in the U.S. is well-known. State and local governments are struggling to finance the needed expansion, upgrades, and repairs. Meeting the infrastructure financing challenge has emerged as one of the most urgent issues facing the country. Despite the growing number of innovations in state and local infrastructure financing, current information on innovative infrastructure financing is scattered and time-consuming to find. Until now, there was no detailed, comprehensive assessment of current knowledge and practice in innovative infrastructure financing. This book fills that gap and offers policy suggestions for state and local government managers who are considering the adoption and implementation of innovative infrastructure financing. It provides detailed case studies and rich examples that describe innovative approaches to fund state and local infrastructure development. These experiences and lessons in applying these innovations will be particularly useful for state and local government practitioners, professors, applied policy analysts, and students in public administration, policy, and public finance.

Quality Infrastructure Investment

Quality Infrastructure Investment
Author: Naoyuki Yoshino
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

High-quality infrastructure will boost regional economic development and reduce poverty and income inequality. The spill-over effects created by this high-quality infrastructure will be seen in the form of an increase in gross domestic product and tax revenue in the region. These positive effects can be utilized to address the gap between infrastructure demand and financing. Private−public partnerships (PPP) in infrastructure have been advocated for many years. However, PPP partners, such as insurance and pension funds, have been discouraged by the low rate of return from investing in quality infrastructure projects. This is because the main sources of revenue from infrastructure investment are user charges. This paper aims to provide a new mechanism for government and investors to utilize the spill-over effects of infrastructure projects and share them with infrastructure investors for a better rate of return in order to compensate their risk. This mechanism will motivate stakeholders to design infrastructure with high economic benefits and encourage instruments, such as city infrastructure concepts, hometown investment trusts, land trusts, and the improvement of education and digital literacy, to ensure the infrastructure projects will create positive spill-overs to the region. Hometown investment trust funds can provide financing for start-up businesses along with the new infrastructure investments. Land trusts will solve the issue of owners not wanting to sell their land by giving them the option to keep it and lease the land to infrastructure companies. The landowners can receive long-term rent income, for example for 99 years. In this way, land trusts will smoothen the use of land and transfer the usage rights to infrastructure companies.