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In this paper we analyze an endogenous growth model with public capital and public debt where we posit that the primary surplus of the government is a positive function of cumulated past debt with an exponentially declining weight put on debt further back in time. We consider two scenarios:...
Persistent link: https://www.econbiz.de/10013114337
A recent Asian Development Bank publication estimates the large infrastructure financing requirement in Asia for the …. This paper analyzes a critical aspect of expanding private finance to infrastructure by examining the role of bank lending … project financing by banks to infrastructure PPP projects is still in its infancy in several Asian markets, and banks are …
Persistent link: https://www.econbiz.de/10011896351
urban infrastructure. Skills shortages have risen most in construction trades and management occupations. Housing shortages … rising, reducing affordability. Urban infrastructure, particularly for road transportation, is also strained. In this respect …
Persistent link: https://www.econbiz.de/10011399572
supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private … renegotiation of PPPs. PPPs are not a must-have solution but an option for building and upgrading infrastructure. In conclusion … promoting the PPP modality for infrastructure. …
Persistent link: https://www.econbiz.de/10011903172
infrastructure on households' income. We analyzed the impacts of a rapid transit system in urban areas of Punjab Province, Pakistan … empirical results show a significant improvement in households' income after improvement in transport infrastructure. This … improvement and modernization of the transport infrastructure in urban areas of Punjab Province has increased households' income …
Persistent link: https://www.econbiz.de/10012239605
This paper discusses two high-profile public-private partnership projects in Tajikistan - the Dushanbe-Chanak motor toll road and Pamir Energy hydropower projects. An impact evaluation exercise was conducted for the Dushanbe-Chanak road using difference-in-difference estimates. The impact of the...
Persistent link: https://www.econbiz.de/10012320299
Infrastructure development in Southeast Asia has been financed mainly by public funds, which leave wide gaps in … implementation is not limited to hard infrastructure only, but also to social infrastructure. …
Persistent link: https://www.econbiz.de/10011896328
, improvements in physical connectivity, trade facilitation, energy cooperation, and financing infrastructure play an important role … Thailand's intra-regional trade, physical connectivity, trade facilitation, energy cooperation, and infrastructure funding as … examines the current financing mechanism of Thailand's infrastructure projects that relies heavily on public spending. The …
Persistent link: https://www.econbiz.de/10010502812
Investment in infrastructure for increasing trade and connectivity in South Asia and Southeast Asia has been impacted … investments of an estimated $3.6 trillion by 2020 for financing of its infrastructure and connectivity projects. Increased …, such economic integration faces a multitude of challenges relating to cross-border infrastructure links, weak trade …
Persistent link: https://www.econbiz.de/10010505123
This research study aimed to assesses the impact of infrastructure based on the evaluation of infrastructure provision … infrastructure financing in Georgia and outlines the importance of greater involvement of the private sector in infrastructure … for infrastructure projects by increasing the rate of return for private investors. …
Persistent link: https://www.econbiz.de/10012253863