Showing 1 - 10 of 29
Thailand's increasing importance as a regional co-production base and as an intra-regional trade and border trade hub is due mainly to recent changes in its economic structure, namely, the lack of operational workers, rises in wages, and increases in outward foreign direct investment (FDI),...
Persistent link: https://www.econbiz.de/10011311013
Investment in infrastructure for increasing trade and connectivity in South Asia and Southeast Asia has been impacted by a reduction in commercial bank participation in project financing, which has significantly increased the role of multilateral financial institutions and export credit...
Persistent link: https://www.econbiz.de/10011311019
The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...
Persistent link: https://www.econbiz.de/10011688655
One of the main challenges in low-income Asia and the Pacific countries is users' willingness to pay for water services. In contrast, investors and private operators in the water sector prefer a high rate of return. This has often led to the failure of public-private partnerships for water...
Persistent link: https://www.econbiz.de/10014540321
In this paper, we examine the effects of introducing constraints on government borrowing using a continuous-time overlapping generations model of a small open economy. We consider government placing constraints on the amount of government bonds outstanding by establishing an upper limit, or...
Persistent link: https://www.econbiz.de/10013144794
This study aims to analyze the economic impacts of infrastructure investment in Africa, focusing on the Guinea-Bissau economy. Through a dynamic CGE model, we find that the natural resource revenues (or aid)-funded infrastructure investments generate externalities that increase factor returns....
Persistent link: https://www.econbiz.de/10013415486
The study assesses the relevance of infrastructural absorptive capacity in the foreign direct investment (FDI)-growth argument in ECOWAS. Though foreign aid has received a vast attention in the literature, however, an assessment of how the infrastructural readiness of the host economies drives...
Persistent link: https://www.econbiz.de/10012215181
economic growth accounting for possible convergence. For this purpose, we are based on a sample of eight countries bordering … the stationary series problem of different orders to monitor possible convergence in the long-run horizon. This method … links between candidate variables and the trend of convergence in terms of per capita GDP. Our empirical results support …
Persistent link: https://www.econbiz.de/10012132656
In Indonesia, fiscal decentralisation has been implemented for two decades, and it is expected that the regions will have a sufficient level of independence to increase economic growth and welfare. This study investigates the influence of fiscal decentralisation and human development on regional...
Persistent link: https://www.econbiz.de/10014500882
The purpose of this study is to estimate the relationship and influence between regional inequality variables, human capital, the open unemployment rate, and economic growth in Indonesia using panel data. The panel data consists of a combination of time series data from the 2010-2020 period,...
Persistent link: https://www.econbiz.de/10014502983