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Regional infrastructure is one of the major determinants of economic integration process. It enhances international and regional connectivity through the free flow of goods and factors across borders, allowing countries to benefit from a better relocation of resources. Efficient transportation...
Persistent link: https://www.econbiz.de/10009363594
This short paper attempts to lay down the framework and basic principles for the optimum interface between competition policy and infrastructure regulation. Competition policy should address exclusionary and exploitative acts and discipline firms when such acts are committed. In certain cases,...
Persistent link: https://www.econbiz.de/10009363629
A look into projects under the Philippine program of public-private sector partnerships during the period 1999-2003 showed that participation of the private sector has been declining. This paper postulates that some of the reasons for dwindling investor appetite are related to contract design...
Persistent link: https://www.econbiz.de/10009363779
This study aims to analyze the management of the Specific Allocation Fund (DAK). The three largest DAK-recipient sectors are the focus of the study : education, health, and roads infrastructure. The study sample areas are four districts. This paper was compiled based on the results of in-depth...
Persistent link: https://www.econbiz.de/10009363884
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional...
Persistent link: https://www.econbiz.de/10009363952
Counter factual policy simulations of sustained increase in public investment in infrastructure, financed through borrowing from commercial banks, shows substantial increase in private investment and thereby output in this sector. Further, due to increase in absorption, real private investment...
Persistent link: https://www.econbiz.de/10009365461
This paper investigates public investment policy (mainly from the 1980s onwards) with a political-economic approach. The points of this paper are as follows. First, at the macro level, it is possible that the short-term fluctuation of public investment has been controlled by the government...
Persistent link: https://www.econbiz.de/10009365471
This paper attempts to build an aggregative, structural, macroeconometric model for India. Investment and output in the model are disaggregated into four sectors, viz., (a) agriculture including forestry & fishing, (b) manufacturing, (c) infrastructure, which includes power, transport,...
Persistent link: https://www.econbiz.de/10009365472
The presence of nearby public facilities has an impact on real-estate values; for this reason, the market may reasonably anticipate that public infrastructure projects will affect house prices. But undesirable and semi-desirable facility location choices may be contested by nearby residents, as...
Persistent link: https://www.econbiz.de/10010790031
After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...
Persistent link: https://www.econbiz.de/10010861386