Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …

uncertainty, and by improvements in infrastructure that raise the returns to private investment. …

intra-regional financial flows and mobilize resources from the aging savers in industrialized Asia to finance infrastructure … emerging Asia. Finally, financial deepening could help ease the potential overheating from scaling up infrastructure investment … demographics and infrastructure investment needs. Enhancing financial innovation and integration in the region could facilitate …

The prolonged investment decline in post-Asian crisis emerging Asia, in contrast to the swift recovery of economic …. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis. …

This paper surveys institutional arrangements for macroprudential policy in Asia. Central banks in Asia typically have … with prudential regulation inside the central bank tend to have institutional arrangements that give the central bank a … leading role. In larger and more complex economies where prudential regulation is outside the central bank, the financial …

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in …

reducing costs of doing business, improving financial access, and developing infrastructure, could stimulate corporate …

Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper … examines the mechanism through which public infrastructure spending affects the dynamics of the real exchange rate. Using a two … intensity of private capital in production, and (iv) the relative productivity of public infrastructure. In deriving these …