› › Unlocking Private Investment In Sustainable Infrastructure In Asia

Unlocking Private Investment in Sustainable Infrastructure in Asia

Author : Bhajan Grewal

Publisher : Taylor & Francis

Page : 312 pages

File Size : 47,42 MB

Release : 2022-10-24

Category : Business & Economics

ISBN : 1000785076

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Book Description

Investment in infrastructure is essential for promoting economic growth, and while countries in Asia have enjoyed higher rates of gross domestic product growth in recent years, the region remains severely deficient in the scale and quality of sustainable infrastructure. Moreover, population growth and climate change continue to put increasing pressure on the need for strategic and farsighted development, calling for policy makers to reevaluate infrastructure governance to ensure sustainable economic growth. Currently, in developing Asia, most investment in infrastructure comes from the public sector. However, with growing fiscal deficits and other budgetary constraints, it is essential to develop alternative sources of investment for infrastructure projects. This presents opportunities to tap into the private sector, which can play an instrumental role in minimizing the funding gap through the development of stronger, more transparent public–private partnerships (PPPs) and incentivizing sustainable infrastructure investment. This book provides a scholarly discussion on the importance of PPPs and approaches to unlock private participation in infrastructure investment based on lessons from across Asia. Among the proposed schemes are government tax incentives, development-based land value capture strategy under PPP land pooling, Viability Gap Funds, Project Development Facilities, and other guarantees. The book aims to assess the impacts and future of sustainable infrastructure investments and examines the role of governments in mobilizing financial resources and new models for unlocking private investment in sustainable infrastructure. This book consists of fifteen original chapters on the experiences of the Central Asia Regional Economic Cooperation (CAREC) and a few other cases for promoting private investment in sustainable infrastructure. The fact that not much has been published previously on this theme makes this book a welcome and timely addition to the much needed knowledge on this subject. ‘The Open Access version of this book, available at www.taylor fran cis.com, has been made available under a Creative Commons Attribution- Non- Commercial- No Derivatives 4.0 license.’



Financing for Low-carbon Energy Transition

Author : Venkatachalam Anbumozhi

Publisher : Springer

Page : 438 pages

File Size : 40,75 MB

Release : 2018-06-23

Category : Business & Economics

ISBN : 981108582X

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Book Description

This book is the first comprehensive assessment of the state of low-carbon investments in Asia, analyzing the rationales, mandates and public–private financing activities. Based on the experiences of several regional initiatives wherein public financing is catalyzing private investments in low-carbon infrastructure, this book proposes a framework that can be used as a tool to identify factors that influence private investment decisions and policy instruments that can scale up the private capital. Placing the Asian economies onto a low-carbon development pathway requires an unprecedented shift in investments. This book addresses this situation by asking questions such as: • What is the central role of private finance in achieving the Paris Agreement targets? • What key policy levers and risk mitigation can governments use in an effort to unlock the potentials of private capital? • How can regionally coordinated actions hold significant promise for scaling up private investments?



Towards a Sustainable Economy

Author : Moazzem Hossain

Publisher : Taylor & Francis

Page : 317 pages

File Size : 45,8 MB

Release : 2022-12-30

Category : Business & Economics

ISBN : 100083199X

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Book Description

The Sustainable Development Goals (SDGs) were introduced by the United Nations (UN) for all member nations with a total of 17 goals and 169 targets to be achieved between 2016 and 2030. The recent pandemic has presented more challenges to achieving the UN’s SDGs. This book examines Bangladesh’s ascendancy in socio-economic terms and the prospects of Bangladesh overcoming the challenges to become a higher-middle-income nation by 2030. This book traces the transformation of Bangladesh from 1996 through 2020 and examines various factors contributing to its success from rural economy, external support, manufacturing, and structural transformation to energy consumption. This book also looks at the challenges and opportunities for Bangladesh as the Fourth Industrial Revolution unfolds and as climate change, to which Bangladesh is highly vulnerable, escalates. This book will be a useful reference document for those who are interested in gaining more insights into inclusive growth and sustainable development from the case study of Bangladesh.



Post-Pandemic Green Recovery in ASEAN

Author : Farhad Taghizadeh-Hesary

Publisher : Taylor & Francis

Page : 287 pages

File Size : 50,48 MB

Release : 2023-04-21

Category : Business & Economics

ISBN : 1000873951

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Book Description

ASEAN’s real gross domestic product (GDP) had declined sharply due to the COVID-19 pandemic. The economic downturn and the uncertainty about the future reduced the new investments in green projects drastically. Besides this, many governments rolled back environmental regulations and taxes and increased fossil-fuel intensive infrastructure and electricity to stimulate economic growth. Post-Pandemic Green Recovery in ASEAN consists of several empirical studies using fresh data, with regional and country-level perspectives on ways to keep the greenness of the economic recovery plans. The chapters look at various aspects and sectors, including tourism, infrastructure, energy, small and medium enterprises (SMEs), employment, and livelihood, by assessing the effectiveness of various tools and instruments, including green finance, carbon taxation, green Sukuk, credit guarantee, cash transfer payment, power purchase agreements, and the related policies. They also provide practical policy recommendations useful for the ASEAN member states and other developing regions for the green recovery in the post-pandemic. Reiterating the importance of green and low-carbon mechanisms and climate change tackling policies besides the usual economic recovery strategies, this book is a precious resource for the researchers of economics, finance, ASEAN and Asian studies, and policymakers.



Financial Literacy and Ageing in Developing Economies

Author : Kshipra Jain

Publisher : Taylor & Francis

Page : 179 pages

File Size : 31,41 MB

Release : 2023-05-09

Category : Business & Economics

ISBN : 1000879925

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Book Description

This book weaves together current understanding around financial literacy and ageing, arguing for the relevance of financial literacy for old age security. Building upon on the experiences of ten developing Asian economies with a focus on India, the book enters new territory by developing frameworks that identify predictors of financial literacy and a mechanism for its internalization, as well as recognising the need for specialized training programs for the older population in order to establish a link between financial literacy and old age security. It thus makes a case about the centrality of financial literacy in creating an environment conducive to a dignified ageing experience in this world of shouldering one’s own responsibility. Going forward, the book comprehends financial literacy for India as a skill which enables an individual to decide the suitable avenues to invest savings, utilize monetary resources and shape financial decisions aligned with their financial goals, in accordance with the dynamic financial & economic environment. This original volume is a first-time attempt to provide an in-depth account of financial literacy and its association with savings behavior, old age planning, wealth accumulation, healthcare and wellbeing in older age. It also provides a detailed account of various measurement tools used and policy initiatives undertaken across the globe for financial literacy. It is an indispensable reference guide for scholars and researchers, cutting across multiple disciplines particularly financial and development economics, gerontology, demography, social work, psychology and public policy.



Development as Swaraj

Author : Sumanas Koulagi

Publisher : Taylor & Francis

Page : 123 pages

File Size : 43,78 MB

Release : 2022-12-21

Category : Business & Economics

ISBN : 1000835332

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Book Description

This book offers an in-depth insight into the Indian concept of swaraj--self-rule--both in theory and practice and posits it within the larger context of development. It opens by discussing the limitations of prevailing sustainable development paradigm as well as other heterodox development paradigms in achieving a sustainable and equitable future. Further, it constructs development theory around the idea of swaraj, based on the writings of M K Gandhi and J C Kumarappa. The swaraj development vision weaves in the morality of the greatest good of all, political decentralisation, and economic self-sufficiency as important elements to achieve an exploitation-free social order that ensures more control for individuals over their lives. It reveals sustainability and equality as inherent features of such a non-violent social order. The book then provides an introduction to the khadi--handspun and handwoven textile--sector, which is taken as a case study to demonstrate the swaraj development approach. The use of this sector helps readers to get a snapshot of the efforts that have been made since the time of Gandhi and Kumarappa towards the attainment of swaraj. Importantly, the khadi section highlights the method of translating theory into practice based on the unique three-pronged approach of the swaraj development paradigm. By showcasing how to establish swaraj within the khadi sector, the author offers insights into how it can be replicated for attaining a sustainable and equitable world. The book will appeal to scholars and researchers in the fields of Gandhian studies and development studies.



Infrastructure Financing In Asia

Author : Bambang Susantono

Publisher : World Scientific

Page : 407 pages

File Size : 19,33 MB

Release : 2019-11-19

Category : Business & Economics

ISBN : 9811215138

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Book Description

First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the positive impact of mass transit investments on land and property values, and the possibility of taxing the increase in values to finance these investments. It then examines Asia's current practices and new solutions that can help meet the infrastructure gap. It discusses the role of institutions, how innovation can foster energy infrastructure investments, and the role of bond markets in infrastructure investments. The book explores ASEAN+3 efforts in developing local currency bond markets to provide long-term local financing for infrastructure investment while providing financial resilience. It also examines the use of green bonds to finance sustainable growth in Asia.



The Political Economy of Bilateral Aid

Author : Peter Blunt

Publisher : Taylor & Francis

Page : 128 pages

File Size : 44,27 MB

Release : 2022-12-23

Category : Business & Economics

ISBN : 1000790940

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Book Description

The social and economic consequences of the COVID-19 pandemic and of extreme climate events have brought into sharp relief the serious deficiencies of our political economies. The dominant global ideology of neoliberalism and its architects and beneficiaries are responsible for this. Bilateral development assistance is an integral part of the neoliberal grand design. However, while the deficiencies of neoliberalism have been starkly exposed by the pandemic, its collapse is unlikely in the short-term. Much bilateral assistance will therefore continue to be self-serving. Within these confines, and on the basis of a sharply critical analysis of the functioning of technical assistance at the point of the design and delivery of programmes and projects, this book identifies crucial supply-side nodes of power and influence where feasible and relatively straight-forward ‘functional’ reforms - strategy, structure, selection, training - would make genuinely developmental results for recipients more likely and enhance donor interests at the same time. It argues that more authentic, empathetic, and altruistic technical assistance will be essential to bringing this about. The arguments are supported by primary, published evidence gathered by the author during 18 years of full-time employment as a team leader or programme manager of technical assistance programmes. The book will be of interest to students of development management, development economics, political economy and international relations, as well as policy makers, development practitioners and supply- and demand-side government officials.



The Political Economy of Underdevelopment and Poverty in Nepal

Author : Sri Ram Poudyal

Publisher : Taylor & Francis

Page : 300 pages

File Size : 27,73 MB

Release : 2023-04-05

Category : Business & Economics

ISBN : 1000852571

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Book Description

This book argues that mainstream economics cannot explain the underdevelopment and poverty of Nepal, neither can it be explained in terms of economics alone nor capital inadequacy even, as is conventionally believed. The author asserts that Nepal's underdevelopment needs to be located in the nature of the state which has been shaped by the collusion of interest among politicians and the resulting bureaucracy, triggering the growth of crony capitalism. The book presents a critical and radical analysis of factors that have kept Nepal in a state of underdevelopment and poverty, with huge section of the society in underprivileged and deprived socio-economic conditions, despite six decades of planning, seven decades of dependence on foreign aid, and numerous political regime changes, from the Rana regime for over a century from 1846-1950 through to the republic regime from 2007 onwards. To support this argument, the book delves into an exploration of growth performance in Nepal, government attempts at poverty alleviation, foreign aid and its effects in the economy and the nature of the state, with a focus on Maoists' 10-year rebellion. Each chapter presents the existing picture and examines the possible reasons for the failure in achieving the desired results. A comparative analysis of Nepal's position with respect to South Asian Association for Regional Cooperation (SAARC) countries is also presented in a number of chapters. The audience for the book will be students, academics and researchers, and within Nepal itself, intellectuals, politicians, and officials of the National Planning Commission, the central bank and other banks and financial institutions.



Development and Economic Growth in India

Author : Biswa Swarup Misra

Publisher : Taylor & Francis

Page : 199 pages

File Size : 23,26 MB

Release : 2022-12-30

Category : Business & Economics

ISBN : 1000825604

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Book Description

Notwithstanding the improved growth performance of India, development disparity across its states has widened in the first two decades of the 21st century. This book examines development drivers of Indian states and what the necessary course corrections could be to achieve balanced regional growth. The book begins with a discussion on the evolution of growth and inequality across the states and delves into decomposing growth. It looks at three broad themes which are decomposition of growth and determinants of TFP, impact of Infrastructure on growth and inequality, and the institutional dimension of growth and explains why they are pivotal for sustainable growth in Indian states. This book will be a useful reference to those interested in understanding growth and inequality in India.