A recent Asian Development Bank publication estimates the large infrastructure financing requirement in Asia for the period 2016-2030, which establishes the strong need to encourage private sector participation to meet investment requirements. This paper analyzes a critical aspect of expanding...

Officials from 8 of the 15 states that responded to our survey consider the expedited completion of projects to be the most important benefit of State Infrastructure Banks over the next 5 years. By drawing on diverse sources for funds, more capital can be amassed, thus enabling a project to get...

Infrastructure contributes to economic development both by increasing productivity and by providing amenities which enhance the quality of life. The Planning Commission has estimated that investment in infrastructure - defined broadly to include road, rail, air and water transport, electric...

This paper adopts the tail-event driven network (TENET) framework to explore the connectedness and systemic risk of the banking industry along the Belt and Road (B&R) based on weekly returns of 377 publicly-listed banks from 2014 to 2019. We conduct the connectedness analysis from four levels...