Connecting East Asia : A New Framework for Infrastructure

Connecting East Asia : A New Framework for Infrastructure

Infrastructure development has made a major contribution to East Asia's enviable record on growth and poverty reduction. However, substantial new investments in infrastructure and service delivery improvements will be required to sustain progr...

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Bibliographic Details
Main Authors:	Asian Development Bank, World Bank, Japan Bank for International Cooperation
Format:	Publication
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	ACCOUNTABILITY ADB AGRICULTURE ASIAN DEVELOPMENT BANK ASSETS CAPACITY BUILDING CAPITAL COSTS CAPITAL REPLACEMENT CITIES CONSUMER PARTICIPATION COST OF CAPITAL DECENTRALIZATION ECONOMIC GROWTH ELECTRICITY ELECTRICITY GENERATING ELECTRICITY GENERATING AUTHORITY ELECTRICITY SECTOR ENVIRONMENTAL EXTERNALITIES ENVIRONMENTAL IMPACT ENVIRONMENTAL IMPACTS EXTERNALITIES FINANCIAL INSTITUTIONS GAS GENERATING CAPACITY GENERATION CAPACITY GOVERNMENT INFRASTRUCTURE GOVERNMENT INTERVENTION GROSS DOMESTIC PRODUCT IIMI IMPACT ASSESSMENT INDEPENDENT REGULATORS INFORMATION DISSEMINATION INFRASTRUCTURE CHALLENGE INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE PROBLEMS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SECTORS INFRASTRUCTURE SERVICES INNOVATION LAND USE LEGAL STATUS LEGISLATION LICENSES LOCAL GOVERNMENT LONG DISTANCE LONG DISTANCE TELEPHONE MACROECONOMIC STABILITY MAINTENANCE COSTS MASS TRANSIT MONOPOLY POWER NONGOVERNMENTAL ORGANIZATIONS POLLUTION PORK PORTS POVERTY REDUCTION POWER SUPPLY PRIVATE SECTOR PRIVATE SECTOR INFRASTRUCTURE INVESTMENT PRIVATE SECTOR INVESTMENT PRODUCTIVITY PUBLIC PRIVATE PARTNERSHIPS PUBLIC SECTOR PUBLIC SECTOR PERFORMANCE PUBLIC SPENDING REGULATORS RISK MANAGEMENT ROADS RURAL ECONOMIES RURAL INFRASTRUCTURE RURAL POVERTY RURAL ROADS SANITATION SAVINGS SERVICE DELIVERY SERVICE PROVIDERS SUBSIDIARY SUSTAINABLE DEVELOPMENT TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRAFFIC TRAFFIC MANAGEMENT TRANSPARENCY TRANSPORT TRANSPORTATION UNITED NATIONS URBAN ECONOMIES URBAN GROWTH URBAN INFRASTRUCTURE URBAN MANAGEMENT URBANIZATION USAID USER CHARGES UTILITIES VOIP WATER WATER SECTOR WATER SUPPLY WATER UTILITIES
Online Access:	http://documents.worldbank.org/curated/en/2005/01/6282748/connecting-east-asia-new-framework-infrastructure http://hdl.handle.net/10986/7267

Description
Summary:	Infrastructure development has made a major contribution to East Asia's enviable record on growth and poverty reduction. However, substantial new investments in infrastructure and service delivery improvements will be required to sustain progress in the future, and to address new challenges posed by urbanization, decentralization, and regional integration. At the same time, questions have often been raised about the impact of infrastructure on the environment and local communities, about waste through corruption in public spending and private contracts, and about the appropriate roles of the public and private sectors in infrastructure financing, ownership, and management. These questions are the motivation for this study by the Asian Development Bank, the Japan Bank for International Cooperation, and the World Bank. The three agencies support infrastructure development through project financing and guarantees, as well as by assisting governments to put in place policies to improve public sector performance, and to attract private investment. Each agency will follow its own operational strategy in each country, but it is expected this new framework will enable taking a more coherent and consistent approach. By suggesting a "new framework" for infrastructure development in the region, Connecting East Asia presents an approach that will help avoid costly mistakes, and allow policy makers, development partners, nongovernmental organizations, and the public and private sectors to work together toward the successful provision of infrastructure. The report is organized around three main themes: inclusive development, coordination, and accountability and risk management.

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