Book Review: Infrastructure economics and policy: International perspectives
In: Public works management & policy: a journal for the American Public Works Association, Band 27, Heft 4, S. 446-450
ISSN: 1552-7549
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In: Public works management & policy: a journal for the American Public Works Association, Band 27, Heft 4, S. 446-450
ISSN: 1552-7549
In: Aparecido en Fedea, Noviembre 2020
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In: Obščestvennye nauki i sovremennost': ONS, Heft 5, S. 31-47
In: Climate policy, Band 14, Heft 2
ISSN: 1752-7457
In: Climate policy, Band 14, Heft 2, S. 187-208
ISSN: 1752-7457
In: Pacific Economic Review, 21: 1 (2016) pp. 102–117 doi: 10.1111/1468-0106.12154
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Working paper
In: Pacific economic review, Band 21, Heft 1, S. 102-117
ISSN: 1468-0106
AbstractThe world economy needs a growth‐lifting strategy, and infrastructure financing appears to hold the key. Two new development banks have been established: the New Development Bank and the Asian Infrastructural Investment Bank (AIIB). However, what conceptual framework will they formulate? This paper addresses infrastructural financing issues from the angle of structural transformation as a strategy for global development. Based on the new structural economics (Lin, , ) we stress the 'real' side of transforming natural resources to productive assets using the resource financed infrastructure. As one of the innovative instruments, this approach could, first, combine two otherwise isolated supply chains, resource extraction and infrastructure building, and, thereby, bring developmental results many years ahead of what other conventional approaches could. Second, this could serve as one of the 'least‐cost' options for developing countries, and benefit borrowers disproportionately due to its feature of 'non‐recourse' loans. Finally, in a low‐yield environment, the rate of return from investing in bottleneck‐releasing infrastructure could be attractive to many investors. Future prospects of development financing, including the 'one belt one road' initiative are discussed.
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In: Peace review: peace, security & global change, Band 25, Heft 4, S. 576-583
ISSN: 1469-9982
In: World Bank Policy Research Working Paper No. 8285
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Working paper
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In: Peace review: the international quarterly of world peace, Band 25, Heft 4, S. 576-583
ISSN: 1040-2659
In: Oxford review of economic policy, Band 17, Heft 2, S. 188-201
ISSN: 1460-2121
In: Australian quarterly: AQ, Band 82, Heft 2, S. 14-21
ISSN: 0005-0091, 1443-3605
In: EIB papers, Band 15, Heft 1, S. 3-146
ISSN: 0257-7755
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