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Trans-Pacific rebalancing: Thailand case study

Sussangkarn, Chalongphob; Nikomborirak, Deunden - 2011

Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United States...

Persistent link: https://www.econbiz.de/10010286190

Natural disasters, public spending, and creative destruction: A case study of the Philippines

Jha, Shikha; Martinez, Arturo; Quising, Pilipinas; … - 2018

-threatening conditions for the poor. Yet, natural disasters also present a development opportunity to upgrade capital stock, adopt new …

Persistent link: https://www.econbiz.de/10011944201

Infrastructure investment, private finance, and institutional investors: Asia from a global perspective

Inderst, Georg - 2016

picture" for the demand and supply of capital for infrastructure by using a simple framework, i.e., percentages of gross …, and there is much scope for the further development of capital markets. The volumes of listed and unlisted investment … worked on. Asian governments can take steps to attract more private capital. …

Persistent link: https://www.econbiz.de/10011653761

The fiscal risk of local government revenue in the People's Republic of China

Fan, Ziying; Wan, Guanghua - 2016

Since the Tax Sharing Reform in 1994, the local government revenue of the People's Republic of China (PRC) has faced downward risk problems. This paper reviews the fiscal and taxation reforms in the central and local governments of the PRC and focuses on evaluating the effectiveness of fiscal...

Persistent link: https://www.econbiz.de/10011653769

Impact of infrastructure investment on tax: Estimating spillover effects of the Kyushu high-speed rail Line in Japan on regional tax revenue

Yoshino, Naoyuki; Abidhadjaev, Umid - 2016

This paper analyzes the impact of infrastructure investment on tax revenues and on the economy of the region. In 1991, the Kyushu high-speed rail line was constructed and was completed in 2003. In 2004, the rail line started operating from Kagoshima to Kumamoto. The entire line was opened in...

Persistent link: https://www.econbiz.de/10011653776

The impacts of infrastructure in development: A selective survey

Sawada, Yasuyuki - 2015

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

Persistent link: https://www.econbiz.de/10011311006

Thailand's economic integration with neighboring countries and possible connectivity with South Asia

Chirathivat, Suthiphand; Cheewatrakoolpong, Kornkarun - 2015

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 finance and financial sector development

Ray, Shubhomoy - 2015

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

Reconstruction after a major disaster: Lessons from the post-Tsunami experience in Indonesia, Sri Lanka, and Thailand

Jayasuriya, Sisira; McCawley, Peter - 2008

This paper examines several aspects of the rehabilitation and reconstruction program that followed the 2004 tsunami in Asia. Almost 230,000 people died in the disaster. We focus on two main issues: aid delivery and reconstruction policy following the disaster. Although issues such as immediate...

Persistent link: https://www.econbiz.de/10010279789

Global determinants of stress and risk in public-private partnerships (PPP) in infrastructure

Reside, Renato E. - 2009

This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. One of these is broad political risk: the prerogative of government executives to make sweeping...

Persistent link: https://www.econbiz.de/10010279798