This article reviews the book Infrastructure for Asian Connectivity edited by Bhattacharyay, Kawai and Nag (2012). This book is the second publication coordinated by the ADB and the ADB Institute focusing on infrastructure and connectivity in Asian countries. This book looks at regional (across...

Le présent rapport est consacré au financement des projets d’investissement dans les infrastructures (de transport). Ses auteurs examinent de près les défaillances du marché en raison desquelles le secteur privé ne parvient pas à combler à lui seul l’intégralité des besoins en...

This paper examines the issue of financing infrastructure investment projects. It looks closely at what the market failures are that mean the private sector has not been able to cover the investment requirement itself. It will then assess the government failures associated with intervention, and...

The evolution of transport public-private partnerships (PPPs) in industrial and developing countries since the early 1990s seems to be following a similar path: private initiatives work for a while, but after a shock to the sector takes place, the public sector returns as regulator, owner, or...