Scaling Up Quality Infrastructure Investment

Scaling Up Quality Infrastructure Investment PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2021-04-30

Total Pages: 32

ISBN-13: 1513582453

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South Asia needs large infrastructure investments to achieve its development goals, and public investment can also support the Covid-19 recovery. Regression estimates that account for the quantity and quality of investment suggest that public infrastructure was a key driver of productivity growth in South Asia. Going forward, higher public infrastructure spending can raise growth, but its benefits depend on how it is financed and managed. Model simulations show that tax financing, concessional lending, or private sector financing through public private partnerships (PPPs) are more advantageous than government borrowing through financial markets because they support growth while containing the impact on public debt. However, the optimal choice also depends on available fiscal space, taxation capacity, implementation risks, and public investment efficiency. To reap the most benefits from higher infrastructure investment, South Asian countries need to manage fiscal risks carefully, including from PPPs and state-owned enterprises, and improve public investment efficiency.

Compendium of Good Practices on Quality Infrastructure 2024 Building Resilience to Natural Disasters

Compendium of Good Practices on Quality Infrastructure 2024 Building Resilience to Natural Disasters PDF

Author: OECD

Publisher: OECD Publishing

Published: 2024-04-09

Total Pages: 100

ISBN-13: 9264938737

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This report discusses ways of enhancing government capacities to prevent, react and rebuild, thereby minimising the impact of natural disasters on infrastructure assets and operations. It identifies data, collaboration and technologies as drivers of resilience, and highlights financial resources, technical skills and regulatory frameworks as key enablers. The report presents seven actionable principles to ensure infrastructure resilience, drawing from global good practices and in-depth analyses of infrastructure projects in Colombia, Ghana, India, Indonesia, Japan, Mozambique and the United States.

Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries

Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries PDF

Author: Daniel Gurara

Publisher: International Monetary Fund

Published: 2017-11-07

Total Pages: 31

ISBN-13: 1484324838

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This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging markets. Infrastructure in LIDCs is largely provided by the public sector; private participation is mostly channeled through Public-Private Partnerships. Grants and concessional loans are an essential source of infrastructure funding in LIDCs, while the complementary role of bank lending is still limited to a few countries. Bridging infrastructure gaps would require a broad set of actions to improve the efficiency of public spending, mobilize domestic resources and support from development partners, and crowd in the private sector.

From Global Savings Glut to Financing Infrastructure

From Global Savings Glut to Financing Infrastructure PDF

Author: Mr.Rabah Arezki

Publisher: International Monetary Fund

Published: 2016-02-09

Total Pages: 47

ISBN-13: 1475591837

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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.

South Asia's Path to Resilient Growth

South Asia's Path to Resilient Growth PDF

Author: Mr. Ranil M Salgado

Publisher: International Monetary Fund

Published: 2022-12-23

Total Pages: 351

ISBN-13:

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South Asia’s Path to Sustainable and Inclusive Growth highlights the remarkable development progress in South Asia and how the region can advance in the aftermath of the COVID-19 pandemic. Steps include a renewed push toward greater trade and financial openness, while responding proactively to the distributional impact and dislocation associated with this structural transformation. Promoting a green and digital recovery remains important. The book explores ways to accelerate the income convergence process in the region, leveraging on the still-large potential demographic dividend in most of the countries. These include greater economic diversification and export sophistication, trade and foreign direct investment liberalization and participation in global value chains amid shifting regional and global conditions, financial development, and investment in human capital.

Handbook of Metrology and Applications

Handbook of Metrology and Applications PDF

Author: Dinesh K. Aswal

Publisher: Springer Nature

Published: 2023-08-23

Total Pages: 2504

ISBN-13: 9819920744

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​This handbook provides comprehensive and up-to-date information on the topic of scientific, industrial and legal metrology. It discusses the state-of-art review of various metrological aspects pertaining to redefinition of SI Units and their implications, applications of time and frequency metrology, certified reference materials, industrial metrology, industry 4.0, metrology in additive manufacturing, digital transformations in metrology, soft metrology and cyber security, optics in metrology, nano-metrology, metrology for advanced communication, environmental metrology, metrology in biomedical engineering, legal metrology and global trade, ionizing radiation metrology, advanced techniques in evaluation of measurement uncertainty, etc. The book has contributed chapters from world’s leading metrologists and experts on the diversified metrological theme. The internationally recognized team of editors adopt a consistent and systematic approach and writing style, including ample cross reference among topics, offering readers a user-friendly knowledgebase greater than the sum of its parts, perfect for frequent consultation. Moreover, the content of this volume is highly interdisciplinary in nature, with insights from not only metrology but also mechanical/material science, optics, physics, chemistry, biomedical and more. This handbook is ideal for academic and professional readers in the traditional and emerging areas of metrology and related fields.

Nepal

Nepal PDF

Author: International Monetary Fund. Asia and Pacific Dept

Publisher: International Monetary Fund

Published: 2020-04-06

Total Pages: 27

ISBN-13: 1513539760

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This Selected Issues paper on Nepal measures the extent to which Nepal’s households change their expenditure patterns and labor supply in response to remittances, using the Nepal Household Risk and Vulnerability Survey—2016 and employing a propensity score matching method. This study provides stylized facts on migrant workers and remittance-recipient households (HH), and then analyzes the effect of remittances on HHs' expenditure patterns and labor supply. Reliance on remittances, both at the macro and household levels, makes Nepal highly vulnerable to shifts that could diminish remittance inflows. The slowdown in growth of remittances has been significant since 2016, owing to weak economic performance in major remittance-sending economies and less outward migration. This study also analyzes the effect of remittances on labor market participation of left behind household heads, using a propensity score matching method. The results show that remittances have supported greater consumption of productive goods (such as durable goods, education and health), without discouraging labor supply of remittance-receiving family members.

Identifying the Main Drivers of Productivity Growth A Literature Review

Identifying the Main Drivers of Productivity Growth A Literature Review PDF

Author: OECD

Publisher: OECD Publishing

Published: 2022-11-07

Total Pages: 128

ISBN-13: 9264861556

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This report represents the second outcome of the collaboration between the Asian Productivity Organization (APO) and the Organisation for Economic Co-operation and Development (OECD) to improve the measurement and analysis of productivity developments across APO and OECD member economies. The report discusses the potential impact of COVID-19 on productivity and examines the role of Multifactor Productivity (MFP) as a major driver of economic growth and changes in living standards.

Improving the Landscape for Sustainable Infrastructure Financing

Improving the Landscape for Sustainable Infrastructure Financing PDF

Author: OECD

Publisher: OECD Publishing

Published: 2023-01-31

Total Pages: 85

ISBN-13: 926489375X

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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 investment decisions related to infrastructure assets.

Guinea

Guinea PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2017-12-19

Total Pages: 144

ISBN-13: 1484333918

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This paper discusses Guinea’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The Guinean economy has rebounded from the adverse impact of the Ebola epidemic, and growth is expected to continue to be sustained supported by buoyant mining activity and the scaling-up of infrastructure investments. The three-year ECF arrangement will help Guinea address a protracted balance of payment need and implement economic policies and reforms to foster higher and broad-based growth. The program will also play a catalytic role in mobilizing donor financing, notably from the World Bank and the European Union.