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ASEAN transport cooperation is a key issue in the preparation for an ASEAN Economic Community in 2015. Transport cooperation requires member countries to ratify and sign protocols and agreements that will liberalize the transport sector in ASEAN. The transport sector in this study covers...
Persistent link: https://www.econbiz.de/10009768768
The paper argues the case for developing more innovative financing schemes for the water supply sector. The use of traditional ODA-dependent financing channeled through government lending institutions has a somewhat moderate success record in developing and improving the water supply sector....
Persistent link: https://www.econbiz.de/10009771603
The paper examines the progress being made in local finance reforms and indicates pathways to advance those reforms. A summary of the effects of decentralization is given as a contextual background for the discussion of local finance reforms. The inefficient tax assignment has constrained the...
Persistent link: https://www.econbiz.de/10008824536
Recent literature indicates the significant role played by rural infrastructure in improving agricultural productivity in developing economies. While the availability and quality of rural infrastructure are never substitutes to efficient macroeconomic and agriculture-specific policies and the...
Persistent link: https://www.econbiz.de/10009540760
Various studies showed that total factor productivity (TFP) has not been a source of growth in the Philippines. It seems that factor accumulation, which is not a sustainable source of growth, has underpinned Philippine economic growth. Studies have also shown that the sustained growth of...
Persistent link: https://www.econbiz.de/10009540762
Local road investments work for growth and poverty reduction in local areas. The paper highlights the importance of investing in local roads and directs attention to the critical role of local government units (LGUs) in improving the local road network. Raising additional monies to fund local...
Persistent link: https://www.econbiz.de/10009541050
In the emerging ASEAN Economic Community, regulatory quality and coherence will be critical in stimulating investments and improving the overall business and investment climate. The different countries in the region are concerned not only with aligning and harmonizing regulatory frameworks, but...
Persistent link: https://www.econbiz.de/10011287641
The Philippines has used the BOT law, as amended to motivate private sector provision of infrastructure. Using examples from selected BOT projects in the country, the paper pointed out key issues constraining the successful implementation of the BOT approach to infrastructure provision. It also...
Persistent link: https://www.econbiz.de/10003768105