The Consumption Benefits of Investment in Urban Infrastructure PDF Download

Author: Daniel Kaufman
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 45

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Book Description

Author: Charles Marston
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 78

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Book Description

Author: John M. Quigley
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 284

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Book Description

Author: William F. Fox
Publisher: World Bank Publications
ISBN: 9780821328262
Category : Social Science
Languages : en
Pages : 102

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Book Description
Experience of the past decade confirms that the solution to infrastructure problems is not merely to expand capacity by making new investments. Much more systematic changes must be undertaken if service delivery is to attain the standards necessary to improve quality of life and allow economic output to expand more rapidly. This paper identifies several broad areas for reform and recommends a series of actions to attain effective service delivery. (Adapté du résumé de l'auteur).

Author: Daniel Kaufmann
Publisher:
ISBN:
Category :
Languages : en
Pages : 22

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Book Description
The justifications for housing subsidy programs in developing countries often rely upon substantial indirect benefits accruing to program participants (in the form of improved health, earning capacity or employment, or non-market activity). The empirical analysis in this paper suggests that such programs may often be justified solely on the basis of direct impacts. The paper presents a methodology for deriving rigorously the direct Hicksian benefits of housing subsidy programs such as quot;sites-and-servicesquot; and quot;slum upgradingquot; projects in developing countries. The methodology is used to evaluate the net benefits of a sites and services project typical of recent urban shelter programs sponsored by the World Bank. The results suggest that the direct benefits of such programs may be substantial. In the particular case analyzed, the rate of return approaches 40 percent.

Author: Christine Kessides
Publisher: World Bank Publications
ISBN: 9780821326282
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
This paper reviews the linkages between infrastructure and economic development based on both formal empirical research and informal case studies. The main thesis is that economic benefits result from investments in infrastructure only to the extent that they generate a sustainable flow of services valued by consumers. Thus, an analysis of infrastructures' contributions to growth must look at the impacts of services as actually perceived, not at indirect indicators that measure only aggregate provision of infrastructure capital. The paper notes that macro and industry level research , although having its limitations, suggest a positive and statistically significant relationship between infrastructure and economic output. However the conclusions derived from this research (most of which derives from developed countries) provide little specific guidance for policy. To gain more practical insights about how infrastructure contributes to economic growth and to improved quality of life, and to understand the welfare costs of inadequate or unreliable infrastructure, it is necessary to look at microeconomic evidence. Particularly interesting illustrations of these relationships are to be found in developing countries where there is wide variance in the availability and quality of infrastructure.

Author: Edward L. Glaeser
Publisher: University of Chicago Press
ISBN: 022680058X
Category : Business & Economics
Languages : en
Pages : 479

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Book Description
"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

Author: Edward L. Glaeser
Publisher: University of Chicago Press
ISBN: 022680061X
Category : Business & Economics
Languages : en
Pages : 479

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Book Description
Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.

Author: Joni Jupesta
Publisher: Springer
ISBN: 1137596767
Category : Social Science
Languages : en
Pages : 142

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Book Description
Several Asian cities have already invested in initiatives to build and promote Green Cities. Owing to the limited capacity of local governments, the funding of urban infrastructure has become a critical issue. Against this background, this book explores a new funding mechanism which demands the engagement of many stakeholders, including public-private partnerships. This book offers guidance on how cities in selected countries can play a key role in the green growth agenda, by stimulating growth through smart investment in urban infrastructure such as through building a physical infrastructure, offering financial and tax incentives, and heightening society’s awareness of a sustainable lifestyle.

Author: K. Wellman
Publisher: John Wiley & Sons
ISBN: 111840162X
Category : Technology & Engineering
Languages : en
Pages : 343

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Book Description
The magnitude of investment, the long time-frames involved and the influence of pre-existing infrastructure on urban infrastructure provision make a co-ordinated approach to forward-planning, policy development and implementation essential. There are major challenges in making decisions on urban infrastructure and getting management structures and processes in place. Getting it right generates long-term dividends; getting it wrong involves major costs, often borne by taxpayers. Urban Infrastructure: finance and management is posited on a strong belief that the physical structure of cities and the efficiency of infrastructure services delivered are driven by efficiencies within individual infrastructure sectors, lessons learnt across these sectors and the ability to co-ordinate and integrate sectors to generate economies of scale. This necessitates an interdisciplinary approach, integrating knowledge from finance, governance, planning and management as well as the characteristics of the individual urban infrastructure sectors involved. Here it is not only about getting the initial decisions and policy settings right, but also ensuring effective implementation. A major theme running through the book is the nature of institutions and the governance structures responsible for delivery and management of urban infrastructure and the decision making processes involved. The editors have taken a deliberately pragmatic approach to the finance and management of urban infrastructure; chapters are cross-sectorial and present both theory and practice. This book is for students and practitioners in policy, planning, urban management, infrastructure finance and management.