alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and …, practical, and effective infrastructure development choices. This study addresses this knowledge gap by focusing on the current … status of infrastructure sectors and geographical disparities, real levels of investment and private sector participation …

This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a … critical driver of economic growth, but infrastructure entails significant up-front costs that yield benefits after a time lag …. Investors hesitate to put their money down on private infrastructure ventures because of the long lag and governments do not …

The paper addresses the issue of the feasible level of private finance in a contracting model of infrastructure finding … and financing. It characterizes the structure of financial contracts, deriving the conditions under which both public and …

Disruption of infrastructure services can cause significant social and economic losses, particularly in the event of a … natural disaster. The World Bank Group and the Government of Japan established the Quality Infrastructure Investment … Partnership to focus attention on the quality dimensions of infrastructure in developing countries, with a focus on promoting …

This study argues that public infrastructure is an important though previously neglected driving mechanism of the … neoclassical growth model with heterogeneous firms, where public infrastructure contributes to firms' production and mitigates the … infrastructure in recent decades, yet remains in deep need of further infrastructure improvements. The accumulation of infrastructure …

This paper explores the benefits and the costs of strengthening infrastructure assets to make them more resilient …, reducing the repair costs and infrastructure disruptions caused by natural hazards. Strengthening infrastructure assets in low … billion and $65 billion a year, i.e. 3 percent of baseline infrastructure investment needs. The uncertainty pertaining to the …

with stronger initial financial development, suggesting that although financing responds to large infrastructure … data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector …

Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for … economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure … the drivers of income growth, the degree to which infrastructure represents a public or a private good, and the extent of …

-growing population. The importance of access to basic infrastructure services on welfare and the quality of life is clear. Yet the South … Asia region's rates of access to infrastructure (sanitation, electricity, telecom, and transport) are closer to those of … of access across time, that is, across generations. It finds that while the regressivity of infrastructure services is …

infrastructure projects with high productivity effects and the crucial role of financing in determining the net effects of expanded … focus on the creation of fiscal space for increased investment in infrastructure, as well as on indicators related to macro … government infrastructure spending. Transfer programs can generate immediate welfare gains but are less effective over time …