Governance, Institutions, and Regional Infrastructure in Asia
De, Prabir | January 2010
Abstract
This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development: every one point improvement in governance results in a 1 to 1.5 point rise in regional infrastructure. Countries (and regions) with higher income, stronger institutions, better governance, and more open economies are likely to have higher levels of regional infrastructure. The findings of this paper suggest that our efforts to promote regional infrastructure must not be limited to traditional policy measures aimed at attracting investment in infrastructure, but must also address policy reform across a number of areas. Thus, institutions and governance must play an important complementary role in strengthening Asia’s regional infrastructure.
Citation
De, Prabir. 2010. Governance, Institutions, and Regional Infrastructure in Asia. © Asian Development Bank. http://hdl.handle.net/11540/3771. License: CC BY 3.0 IGO.Keywords
Governance
Good Governance
Governance Approach
Governance Capacity
Governance Models
Governance Quality
Regional Policy
Regional Perspectives
Regional Government
Regional Development
Business Management
Institutional
Framework
Business Ethics
Regional Plans
Project finance
Development Bank
Bureaucracy
Cabinet system
Common good
Executive power
Government
Separation of powers
Transparency in government
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