Without realizing the importance of soft infrastructure, hard infrastructure cannot ensure a significant impact on sustained economic development. Unfortunately, Central Asia and Caucasia regions have continued to rely on a physical development model that has resulted in generating revenue but...

Infrastructure services, from both hard and soft infrastructure, play a vital role in facilitating Asia's export-led growth by keeping the prices of delivered goods in export markets competitive. Efficient infrastructure services lower transaction costs, raise value added, and increase potential...

This paper studies the regional treatment effects of infrastructure projects on employment and transport volumes by combining the quantitative econometric method with qualitative case studies. The quantitative method that we use is synthetic control, which allows us to analyze the causal effects...