From Global Savings Glut to Financing Infrastructure

From Global Savings Glut to Financing Infrastructure PDF Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1498314031
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment platforms” are an attempt to tap into the pool of both public and private long-term savings in order to channel the latter into much needed infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience with public private partnerships in infrastructure. It concludes by identifying the main challenges policy makers and other actors will need to confront going forward and to turn infrastructure into an asset class of its own.

From Global Savings Glut to Financing Infrastructure

From Global Savings Glut to Financing Infrastructure PDF Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475591837
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment platforms” are an attempt to tap into the pool of both public and private long-term savings in order to channel the latter into much needed infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience with public private partnerships in infrastructure. It concludes by identifying the main challenges policy makers and other actors will need to confront going forward and to turn infrastructure into an asset class of its own.

From Global Savings Glut to Financing Infrastructure

From Global Savings Glut to Financing Infrastructure PDF Author: Rabah Arezki
Publisher:
ISBN: 9781475591941
Category : Infrastructure (Economics)
Languages : en
Pages :

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Book Description


Advances in Infrastructure Finance

Advances in Infrastructure Finance PDF Author: Raghu Dharmapuri Tirumala
Publisher: Springer Nature
ISBN: 9819904404
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
This book examines advanced approaches to finance infrastructure projects. In doing so, it synthesizes developments and generates new understandings in the field. Infrastructure financing has moved beyond traditional government funding, multilateral assistance, and project finance, to a diverse set of innovative approaches, increasing participation from private, institutional, commercial, and philanthropic investors. Chapters in the book discuss various infrastructure finance themes including the dynamism of project finance, diversification of multilateral assistance into various concessional and guarantee instruments, the surge of green and other thematic bonds, the role of land value capture, funded and unfunded risk mitigation options, growth of private institutional markets, and asset recycling. Given that developments in infrastructure finance are followed by many financial institutions, private developers, public sector policymakers, consulting firms and academic institutions, a researched discussion on the subject will help readers reflect on, compare and contrast the emerging trends in relation to their practice.

Rivalry and Response

Rivalry and Response PDF Author: Jonathan R. Stromseth
Publisher: Brookings Institution Press
ISBN: 081573915X
Category : Political Science
Languages : en
Pages : 130

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Book Description
" Southeast Asia has become a hotbed of strategic rivalry between China and theUnited States. China is asserting its influence in the region through economic statecraft and far-reaching efforts to secure its sovereignty claims in the South China Sea, while the United States has promoted a Free and Open Indo-Pacific strategy that explicitly challenges China's expanding influence—warning other countries that Beijing is practicing predatory economics and advancing governance concepts associated with rising authoritarianism in the region. In this timely volume, leading experts from Southeast Asia, Australia, and the United States assess these great power dynamics by examining the strategic landscape, domestic governance trends, and economic challenges in Southeast Asia, with the latter focusing especially on infrastructure. Among other findings, the authors express concern that U.S. policy has become too concentrated on defense and security, to the detriment of diplomacy and development, allowing China to fill the soft power vacuum and capture the narrative through its signature Belt and Road Initiative. The COVID-19 pandemic has only increased the policy challenges for Washington as China recovers faster from the outbreak, reinforcing its already advantaged economic position and advancing its strategicgoals as a result. As the Biden administration begins to formulate its strategy for the region, it would do well to consider these findings and the related policy recommendations that appear in this volume. Much is at stake for U.S. foreign policy and American interests. Southeast Asia includes two U.S. allies—Thailand and the Philippines—important security partners like Singapore, and key emerging partners such as Vietnam and Indonesia. Almost 42,000 U.S. companies export to the 10 countries that comprise the Association of Southeast Asian Nations (ASEAN), supporting about 600,000 jobs in the United States, but America's economic standing is increasingly at risk. "

The Future of National Development Banks

The Future of National Development Banks PDF Author: Stephany Griffith-Jones
Publisher: Oxford University Press
ISBN: 0192562983
Category : Business & Economics
Languages : en
Pages : 406

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Book Description
For a long time the topic of national development banks was limited to a debate between admirers and detractors of these institutions, often inserted into a more general debate of state versus markets. Since the 2007/8 North Atlantic financial crisis however, interest and support for these institutions has broadly increased in both developing and developed countries. Key issues such as understanding how development banks work, what their main aims are, and what their links with the private financial and corporate sector are have come to the forefront, and there is an increased interest in what instruments, incentives, and governance work better in general and in particular contexts. The Future of National Development Banks provides an in-depth study of several key examples of these institutions based in Brazil, Chile, China, Colombia, Germany, Mexico, and Peru. It explores horizontal issues such as their role in innovation and structural change, sustainable infrastructure financing, financial inclusion, and regulatory rules. It provides both research and policy-oriented perspectives on how these banks can make a significant contribution to a countries' development, and analyses their roles within broader economic policy, their governance, and the main instruments they use to perform their function. The Future of National Development Banks has important policy implications for countries that have these institutions and can improve them, and countries that do not have them yet and can learn from best practice.

Unlocking Private Investment in Sustainable Infrastructure in Asia

Unlocking Private Investment in Sustainable Infrastructure in Asia PDF Author: Bhajan Grewal
Publisher: Taylor & Francis
ISBN: 1000785076
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
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 infrastructure investment. This book provides a scholarly discussion on the importance of PPPs and approaches to unlock private participation in infrastructure investment based on lessons from across Asia. Among the proposed schemes are government tax incentives, development-based land value capture strategy under PPP land pooling, Viability Gap Funds, Project Development Facilities, and other guarantees. The book aims to assess the impacts and future of sustainable infrastructure investments and examines the role of governments in mobilizing financial resources and new models for unlocking private investment in sustainable infrastructure. This book consists of fifteen original chapters on the experiences of the Central Asia Regional Economic Cooperation (CAREC) and a few other cases for promoting private investment in sustainable infrastructure. The fact that not much has been published previously on this theme makes this book a welcome and timely addition to the much needed knowledge on this subject. ‘The Open Access version of this book, available at www.taylor fran cis.com, has been made available under a Creative Commons Attribution- Non- Commercial- No Derivatives 4.0 license.’

The Future of Africa

The Future of Africa PDF Author: Jakkie Cilliers
Publisher: Springer Nature
ISBN: 303046590X
Category : Political Science
Languages : en
Pages : 429

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Book Description
This open access textbook offers a critical introduction to human and economic development prospects in Africa revolving around three questions: where is Africa today, what explains the current state, and, given historical trends and what we know about the world, where do we think the continent will be in 2040? And, a final question: what can we do to create a better tomorrow? It models ambitious progress in health, demographics, agriculture, education, industrialization, technological leapfrogging, increased trade, greater stability, better governance and external support. The book reviews the future of work/jobs, poverty and the impact of climate change. A combined Closing the Gap scenario presents a forecast of what could be possible by 2040. Each chapter suggests which policies might accelerate prospects for each sector. Written in an accessible style, and supported by a range of pedagogical features, this textbook introduces undergraduate and graduate students to the contemporary human and economic development prospects in Africa.

Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets

Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets PDF Author: Ziolo, Magdalena
Publisher: IGI Global
ISBN: 1799810356
Category : Business & Economics
Languages : en
Pages : 383

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Book Description
Sustainable development is necessary to counteract and mitigate the impact of socially harmful forces in a globalized world. However, sustainable development and its organizations must ensure the effective management of their funds and beneficial financial frameworks in order to best realize their sustainable goals. There is a need for studies that seek to understand how to connect sustainable development and the financial world in order to maximize the economic and environmental wellbeing of the world. Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets is a pivotal reference source that examines the funding and monetary utilization of environmental and socially-responsible entities. Featuring research on topics such as green taxes, intergenerational equity, and shadow economy, this book is ideally designed for government officials, policymakers, economists, financial managers, sustainability developers, and academicians seeking current research on the relationship between new sustainable financial phenomena and negative global externalities.

Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development

Realizing the Potential of Public–Private Partnerships to Advance Asia's Infrastructure Development PDF Author: Akash Deep
Publisher: Asian Development Bank
ISBN: 9292614193
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
This publication highlights how public–private partnerships (PPPs) can be effective to meet Asia's growing infrastructure needs. It shows how governments and their development partners can use PPPs to promote more inclusive and sustainable growth. The study finds that successful PPP projects are predicated on well-designed contracts, a stable economy, good governance and sound regulations, and a high level of institutional capacity to handle PPPs. It is the result of a collaboration between the Asian Development Bank, the Korea Development Institute, and other experts that supported the theme chapter "Sustaining Development through Public–Private Partnership" of the Asian Development Outlook 2017 Update.

Great Power Competition and Middle Power Strategies

Great Power Competition and Middle Power Strategies PDF Author: Vinod K. Aggarwal
Publisher: Springer Nature
ISBN: 303138024X
Category : Political Science
Languages : en
Pages : 229

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Book Description
This edited volume addresses geo-economic strategic competition in the Indo-Pacific, exploring both the theoretical and thematic contours of this concept and issue-specific dynamics in the areas of finance, trade, energy, and technology competition. Chapters focus on the impact of renewed great power competition between Washington and Beijing in the Indo-Pacific region across these four areas. Each addresses central concerns for the future of the global economic order and offers a lens to understand interstate competition in light of the geopolitical shifts resulting from the COVID-19 pandemic. Written by an international panel of experts, this volume provides a cohesive view of the region's most pressing issues. As such, it will be relevant to scholars specializing in Indo-Pacific domestic politics and foreign policy, U.S. foreign policy, middle powers, China-U.S. relations, China-EU relations, Asia-Pacific developments, international security, international political economy, and emerging markets.