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Asia’s Infrastructure Challenges: Issues of Institutional Capacity

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  • Susan Stone

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Abstract

The Asian region has experienced substantial growth over the past several decades. Indeed, a quarter of all world exports now come from East Asia. Strong infrastructure underpinnings have often been cited as a major factor contributing to this success, and an important competitive advantage over other developing regions (Kuroda et al. 2006). However, a decline in spending over the past 10 years has raised concerns that this infrastructure derived competitive advantage is eroding. Overall quantity and quality of infrastructure services remain uneven both across, and within, countries in the Asian region. Strong investment in infrastructure is needed to support continuing efforts to achieve overall growth as well as poverty reduction. [ADBI Working Paper 126]

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Paper provided by eSocialSciences in its series Working Papers with number id:3089.

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Date of creation: Oct 2010
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Handle: RePEc:ess:wpaper:id:3089

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Keywords: Asian; East Asia; competitive advantage; investment; poverty reduction;

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  1. Kaufmann, Daniel & Kraay, Aart & Zoido-Lobaton, Pablo, 1999. "Aggregating governance indicators," Policy Research Working Paper Series 2195, The World Bank.
  2. de la Fuente, Angel, 1997. "Fiscal Policy and Growth in the OECD," CEPR Discussion Papers 1755, C.E.P.R. Discussion Papers.
  3. de la Fuente, A., 1997. "Fiscal policy and Growth in The OECD. Volume II: Appendix," UFAE and IAE Working Papers 401.97, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
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