Infrastructure Development in the Pacific RegionAkira Kohsaka In the past, undersupply of public infrastructure was blamed for low productivity growth in the United States in the 1970s, while greater private sector participation was emphasized for infrastructure development in the Asia-Pacific region before the Asian Economic Crisis in the 1990s. This revealing book looks at the current economic situation and the state of infrastructure on both sides of the Pacific. Including contributions from leading authorities such as Satya Paul, Jim Storey, Tony Makin and Naoyuki Yoshino, this book closely investigates the experiences of Japan, Canada, the US, China, Korea and Australia. |
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airports allocation areas Australia Canada capacity Celcom China competition construction Corporation corporatization cost deregulation economic growth effects of public efficiency electric power energy enterprise Private sector equipment estimates expenditure facilities federal Figure funds government capital highway Hong Kong increased industry infra Infrastructure Canada infrastructure capital infrastructure development infrastructure investment infrastructure services institutions issues Japan Korea labor Land Transport Authority ln Kg Malaysia marginal productivity Metro Manila National NZ millions operations output elasticity passenger percent Philippines ports private capital Private enterprise Private Private sector financing production function productivity effects public capital public infrastructure public investment public sector rail railways rates of return region regulatory result roads role Singapore Singapore’s social capital social capital stock Source Statistics Canada Statistics New Zealand statutory board structure Table telecommunications telephone translog transport urban water supply World Bank Yoshino