ADB Economics Working Paper

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  Rationale and Institution for Public-Private Partnerships 

  Kim, Jungwook (Asian Development Bank, 2018-09-15)

  Private–public partnership (PPP) methods are considered to be an effective way to narrow the gap between demand and supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private sector, or the so-called triple wins. Enhancing efficiency by reducing cost and time overruns is beneficial to users and governments, and better quality of service ...

  Private–public partnership (PPP) methods are considered to be an effective way to narrow the gap between demand and supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private sector, or the ...
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  Is Employment Globalizing? 

  Chen, Liming; Felipe, Jesus; Kam, Andrew J.Y.; Mehta, Aashish (Asian Development Bank, 2018-09-15)

  We investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced (i.e., all labor demand created by foreign entities buying products exported by the home country)—we provide estimates for 40 countries; (ii) the ...

  We investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced ...
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  The People’s Republic of China’s Long-Run Growth through the Lens of the Export-Led Growth Model 

  Felipe, Jesus; Lanzafame, Matteo (Asian Development Bank, 2018-08-30)

  The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the balance-of-payments equilibrium (BOPE) growth rate, which provides a framework to test the ELG hypothesis, we show that the PRC’s actual long-run growth ...

  The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the ...
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  Determinants of Public–Private Partnerships in Infrastructure in Asia: Implications for Capital Market Development 

  Hyun, Suk; Park, Donghyun; Tian, Shu (Asian Development Bank, 2018-08-15)

  In this study, we attempt to understand the role of greater access to finance, i.e., stocks, bonds, and bank loans, in public–private partnership (PPP) investment in developing countries. Most developing countries still depend heavily on fiscal financing for infrastructure projects. Our empirical results reconfirm the fact that banks remain the major source of finance for infrastructure projects. ...

  In this study, we attempt to understand the role of greater access to finance, i.e., stocks, bonds, and bank loans, in public–private partnership (PPP) investment in developing countries. Most developing countries still depend heavily on fiscal financing ...

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