We discuss future challenges to road transport infrastructure. These are related to maintenance, autonomous transport and the fi-nancing of infrastructure. We state that maintenance investments are mainly relevant and necessary to avoid a strong reduction in accessibility;autonomous driving will...

While there could be debate as to the root causes of Africa’s dearth of infrastructure, it is uncontested that this infrastructure deficit widens each year – and the remedy to same, lies beyond the fiscal capacity of national governments and public entities. The foregoing necessitates...

This Chapter provides the context of climate change and infrastructure financing in Australia. It commences with an understanding of the country, its climate change and adaptation policies, followed by an understanding of infrastructure in the country and related climate impacts. Financing...

Officials from 8 of the 15 states that responded to our survey consider the expedited completion of projects to be the most important benefit of State Infrastructure Banks over the next 5 years. By drawing on diverse sources for funds, more capital can be amassed, thus enabling a project to get...

Infrastructure is a key determinant of the growth potential of an economy. In many cases, and especially for emerging market countries like Nigeria, the utilisation of capital is important to creating needed infrastructure which encourages the inflow of FDI necessary to drive economic growth....

This paper investigates how the institutional arrangement in China's financial market increase the cost of capital for underdeveloped areas. I show that fiscal capacity results in higher leverage but not superior profitability for local government financing vehicles. Infrastructure in fiscally...

Global energy production has been on the rise for many years, and reliance on traditional sources of energy remains strong. The extraction and production of energy can serve as an important avenue of growth, particularly for developing economies. To undertake such capital intensive project...

Asian Infrastructure Investment Bank (AIIB) was officially established by China in 2016 with one of the aims to develop energy infrastructure based on green and sustainable principles in Asia. To achieve that, AIIB has set forth safeguard policies, including the Environmental and Social...

In der Studie werden unterschiedliche nichtmonetäre Investitionshemmnisse der öffentlichen Hand, die schon seit Längerem in der politischen und wissenschaftlichen Diskussion problematisiert werden, näher untersucht. Betrachtet werden die Kapazitätsauslastung im Baugewerbe, die...

As one of the main engines of socio-economic development, infrastructure needs additional funding increasingly to meet the growing needs of the population, as well as to meet the new challenges of our time - environmental pollution, poverty, inequality, overpopulation, climate change, reduced...

Investment in public infrastructure, including the provision of essential services through capital-intensive networks, is critical to supporting economic development and, more so, the quality of places and lives. The sustainability of public utilities and other infrastructure systems depends on...

"This new four volume collection gathers together the key literature from the field of Infrastructure Finance from the past 20 years. Organized thematically, and drawing on a range of disciplines, the collection will discuss economic principles and policy, explore project financing,...

"This new four volume collection gathers together the key literature from the field of Infrastructure Finance from the past 20 years. Organized thematically, and drawing on a range of disciplines, the collection will discuss economic principles and policy, explore project financing,...

"This new four volume collection gathers together the key literature from the field of Infrastructure Finance from the past 20 years. Organized thematically, and drawing on a range of disciplines, the collection will discuss economic principles and policy, explore project financing,...

"This new four volume collection gathers together the key literature from the field of Infrastructure Finance from the past 20 years. Organized thematically, and drawing on a range of disciplines, the collection will discuss economic principles and policy, explore project financing,...

"This new four volume collection gathers together the key literature from the field of Infrastructure Finance from the past 20 years. Organized thematically, and drawing on a range of disciplines, the collection will discuss economic principles and policy, explore project financing,...

We pose the problem of managing the interstate as an optimal capital stock problem and define user cost as the charge per vehicle mile travelled that rationalizes observed investments in lane miles and pavement quality. We find that user cost is the sum of the opportunity cost of lane miles,...

This report examines how to promote sustainable infrastructure investment. It discusses data needs for infrastructure investment and the current environment, social and governance (ESG) approaches before offering policy recommendations to help ensure that investors are better equipped to make...

"American cities are distinct from almost all others in the degree to which freeways and travel on them dominate the urban landscape. While they have for the most part fallen out of favor among transportation planners and policy-makers who seek more sustainable, less-car dependent modes of...

We use data from Reserve Bank of India to study the impact of India's Golden Quadrilateral (GQ) highway project on finance-dependent activity. Loan volumes increase by 20-30% in districts along GQ and are stronger in industries more dependent upon external finance. Loan growth begins with...

The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and therefore have a cost advantage in building infrastructure. At the same...

This paper discusses two high-profile public-private partnership projects in Tajikistan - the Dushanbe-Chanak motor toll road and Pamir Energy hydropower projects. An impact evaluation exercise was conducted for the Dushanbe-Chanak road using difference-in-difference estimates. The impact of the...

Infrastructure construction is one of the basic driving forces of social and economic development. Since 1978, the construction of infrastructure in the People's Republic of China (PRC) has experienced rapid development, which has given a strong impetus to the PRC's modernization. But behind the...

The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and therefore have a cost advantage in building infrastructure. At the same...

The Asian Infrastructure Investment Bank is a multilateral development bank established in 2016 with a mission to improve social and economic outcomes in Asia, by investing in sustainable infrastructure and other productive sectors. By bolstering finance for development, the bank promises...