Estimating Demand for Infrastructure in Energy, Transport, Telecommunications, Water, and Sanitation in Asia and the Pacific: 2010-2020

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Asian Development Bank InstituteThe Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI's working papers reflect initial ideas on a topic and are posted online for discussion. ADBI encourages readers to post their comments on the main page for each working paper (given in the citation below). Some working papers may develop into other forms of publication. Biswa Nath Bhattacharyay is a Lead Professional and Adviser to the Dean of the Asian Development Bank Institute and Lead Professional at the Asian Development Bank. This is a revised version of a background paper prepared for ADB/ADBI's Flagship study on Infrastructure and Regional Cooperation and the book "Infrastructure for a Seamless Asia". The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of ADBI, the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.Asian Development Bank Institute Kasumigaseki Building 8F 3-2-5 Kasumigaseki, Chiyoda-ku Tokyo 100-6008, Japan Abstract*Infrastructure plays a key role in promoting and sustaining rapid economic growth. Properly designed infrastructure can also make growth more inclusive by sharing its benefits with poorer groups and communities, especially by connecting remote areas and small and landlocked countries to major business centers. Even if the Asia-Pacific region has witnessed progress in infrastructure development, the growth of infrastructure lags behind its economic growth, and also behind international standards of infrastructure quantity and quality. Inadequate infrastructure can hamper the potential economic growth of Asian countries, weaken their international competitiveness, and adversely affect their poverty reduction efforts. The circumstances and effects of the recent economic and financial crisis provide a number of reasons to further develop national and regional infrastructure in Asia. Among these reasons is that regional infrastructure enhances competitiveness and productivity, which could help in economic recovery and in sustaining growth in the medium to long-term. Regional infrastructure also...

Executive summary

“…Meeting future demand for infrastructure will require relatively large investments estimated at USD 11.4 billion in 2010-20, besides potential additional investments needed for cross-border infrastructure projects. This represents 13.6% of Lao PDR's estimated 2010-20 GDP, which puts investment needs at levels much above those estimated for neighbouring countries (Battacharyay, 2010) and largely above the resources currently committed to infrastructure development by the government and donor community. Mobilising resources for infrastructure needs is, therefore, a major challenge, but the payout from improved infrastructure connectivity can be large.…”

The SCO Financial Mechanisms: Risk Analysis and Development Prospects

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Meeting Asia’s Infrastructure Needs (Highlights)

“…The estimates are generated in two major steps. First, we apply a "top-down" methodology used to estimate infrastructure needs (as in Fay and Yepes 2003, Bhattacharyay 2010, and Ruiz-Nunez and Wei 2015 to obtain a set of baseline estimates. These represent updates to the estimates of the region's infrastructure needs provided in the study, Infrastructure for a Seamless Asia (ADB and ADBI 2009).…”