This research study aimed to assesses the impact of infrastructure based on the evaluation of infrastructure provision's effect on public finance, presenting the case of Kutaisi International Airport in Georgia. In the case, we assessed the impact of the airport on the public finances of the...

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft...

Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and the two neighboring regions and proposes ways to deepen regional and interregional...

The countries in Central Asia (CA) are landlocked and without coastlines. Therefore, the Trans-Caspian Transport Corridor (TCTC) will play an important role in facilitating cross-border logistics in CA, particularly with land transport. To promote interregional collaborations between CA...

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...

This paper studies the impacts of the infrastructure project on economic development in Kazakhstan. We first overview the macroeconomic situation and the development of public-private partnerships in Kazakhstan. In the empirical part of this research, we use the "difference-in-difference" (DiD)...

This paper explores the challenges created by debt and fiscal stability in countries where major infrastructure investment is proposed. This paper specifically focuses on the Lao People's Democratic Republic (Lao PDR) and the $6 billion Lao PDR-People's Republic of China (PRC) high-speed railway...

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...

This study examines the impact of the Osh-Sarytash-Irkeshtam and Sarytash-Karamyk road construction projects in the Kyrgyz Republic on regional social and economic development. Discussions of financing infrastructure in the Kyrgyz Republic context are also provided. Evaluation of impact is based...

The European Union introduced the concept of Trans-European transport networks in 1996 and developed it from a set of projects into a comprehensive network plan in 2013. The high-priority components of this plan (for 2050) are a core network and nine core network corridors (CNCs), which the...