Banque Asiatique de Développement (239 pages).
Quality infrastructure can give economies in developing Asia a critical boost by enhancing growth and reducing poverty, especially during times of economic crisis. However, the increasing demand for public funds for health, education, and social welfare programs diminishes their availability for infrastructure. Policy makers must therefore consider novel financing solutions to attract private investment essential for meeting the region’s expanding infrastructure needs.
Harnessing the positive spillover effects of successful infrastructure projects on economies is an approach that can do just that. Its potential to support financing breakthroughs depends on factors, such as the quality of construction, operations, and maintenance of physical and digital infrastructure, interconnectivity, population density, income levels, and financing access.
Infrastructure Spillover Impacts in Developing Asia explores the role of information and communication technology, transport, and water infrastructure development in driving trade, business performance, and tax revenues in the region. The book describes how these dynamics can promote private sector investment in infrastructure projects by creating a steady stream of income for prospective investors, offering valuable insights for policy makers, investors, and practitioners.