Rationale A geopolitical fragmentation of world trade, i.e. the emergence of two blocs that restrict trade with countries in the other bloc, has recently become a more likely prospect. How does this geopolitical risk affect the trade and economic outlook for Latin America and the Caribbean?...

Although global changes like political security, depletion of natural resources,energy supply and global warming are affecting all continents; Africa strugglethe most to cope with these changes. This is due to the many historicalimpediments that Africa still has to overcome. Examples of these...

The annual budget cycle in urban road/transport authorities by implication requires transport infrastructure projects to be ranked in terms of their relative value, to enable project selection by starting from the most deserving proposal. This follows from the fact that the total cost of...

This paper examines the protection of Critical Infrastructure (CI) within transport networks from vulnerabilities by investigating the impact of disasters such as bushfires, hurricanes and earthquakes. Damage to transport infrastructure creates a cascading effect on other critical infrastructure...

The purpose of this doctoral thesis is to suggest and operationalise several important extensions and improvements in the methodology used to evaluate regional economic effects of the large-scale transport infrastructure and pricing policies. The main contributions are divided into the static...

Recent trends in the provision of infrastructure development indicate that the private sector is playing an increasingly important role in the procurement process. This trend has partly arisen out of a necessity for the development of infrastructure to be undertaken at a rate that maintains and...

Document #PICRM-2004-06Research Area: Processes, Productivity and Profitability

This research focuses on urban water policy. The three papers extend the literature through economic application, taking theory in a direction that informs water resource managers on optimal decision-making or a better approach to management. Three primary results are: first, that the optimal...

The new Basel Capital Adequacy Accord (Basel III) is an agreement among countries' central banks and bank supervisory authorities on the amount of capital banks must hold as a cushion against losses and insolvency. Basel III is of concern to Congress mainly because it could put U.S. financial...

Includes bibliographical references (p. 30).