Unlocking private investment in sustainable infrastructure in Asia
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Unlocking private investment in sustainable infrastructure in Asia
(Routledge studies in development economics, 175)
Routledge, 2023
- : hbk
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Includes bibliographical references and index
Summary: "Investment in infrastructure is essential for promoting economic growth, and while countries in Asia have enjoyed higher rates of gross domestic product growth in recent years, the region remains severely deficient in the scale and quality of sustainable infrastructure. Moreover, population growth and climate change continue to put increasing pressure on the need for strategic and farsighted development, calling for policy makers to reevaluate infrastructure governance to ensure sustainable economic growth. Currently, in developing Asia, most investment in infrastructure comes from the public sector. However, with growing fiscal deficits and other budgetary constraints, it is essential to develop alternative sources of investment for infrastructure projects. This presents opportunities to tap into the private sector, which can play an instrumental role in minimizing the funding gap through the development of stronger, more transparent public-private partnerships (PPPs) and incentivizing sustainable
Other editors: Iskandar Abdullaev, Chul Ju Kim, Naoyuki Yoshino and Eisa Khan Ayoob Ayoob
"ADBInstitute"--T.p., back cover
"Co-publication of the Asian Development Bank Institute and Routledge"
Also available online (Open Access). URL: https://doi.org/10.4324/9781003228790