Road and Rail Infrastructure in Asia
Investing in Quality
Road and Rail Infrastructure in Asia: Investing in Quality discusses the challenges
facing the region and possible policy options, including those previously or currently
used in Emerging Asian countries, with reference to the experiences of OECD member
countries. It provides analysis and recommendations for the region’s policy makers
to consider in their efforts to improve the quality of infrastructure. In particular,
it highlights the importance of considering the spill-over effects of infrastructure
in investment decisions. A comprehensive infrastructure impact evaluation does not
simply consider the financial feasibility of an individual project, but attempts to
judge the full extent of the externalities of planned investments, looking at the
positive and negative economic, social and environmental effects over different time
periods. The report first presents project case studies, illustrating how policy makers
have incorporated the principles of quality infrastructure. It then examines the local
economic impact of infrastructure, the role of local governments in infrastructure
development and the benefits and challenges of their involvement. It then goes on
to discuss different infrastructure financing options including funding from public
and private sectors, as well as public-private partnerships, and concludes with a
focus on fostering improved alignment between national development strategies and
infrastructure planning.
Published on October 06, 2018
In series:The Development Dimensionview more titles