ADB Economics Working Paper

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  Hazard Analysis on Public–Private Partnership Projects in Developing Asia 

  Lee, Minsoo; Han, Xuehui; Quising, Pilipinas F.; Villaruel, Mai Lin (Asian Development Bank, 2018-07-15)

  Developing Asia’s infrastructure gap results from both inadequate public resources and a lack of effective channel to mobilize private resources toward desired outcomes. The public–private partnership (PPP) mechanism has evolved to fill the infrastructure gap. However, PPP projects are often at risk of becoming distressed or worst being terminated because of the long-term nature of contracts and the ...

  Developing Asia’s infrastructure gap results from both inadequate public resources and a lack of effective channel to mobilize private resources toward desired outcomes. The public–private partnership (PPP) mechanism has evolved to fill the infrastructure ...
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  Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 2) 

  Felipe, Jesus (Asian Development Bank, 2018-07-15)

  This paper argues that the single most important factor that explains East Asia’s development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its structure. Manufacturing activities are subject to increasing returns to scale, and many manufacturing goods ...

  This paper argues that the single most important factor that explains East Asia’s development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and ...
• 

  Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 1) 

  Felipe, Jesus (Asian Development Bank, 2018-07-15)

  This paper argues that the single most important factor that explains East Asia’s development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its structure. Manufacturing activities are subject to increasing returns to scale, and many manufacturing goods ...

  This paper argues that the single most important factor that explains East Asia’s development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and ...
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  Deep Economic Integration and State Capacity: A Mechanism for Avoiding the Middle-Income Trap? 

  Bruszt, László; Campos, Nauro F. (Asian Development Bank, 2018-06-15)

  Exiting the middle-income trap requires costly improvements in state capacity. Can deep economic integration increase state capacity and, if so, how? This paper provides a conceptual framework, new measurement, and evidence. Focusing on a panel of European Union membership candidate countries, this paper documents the large variation in the evolution of state capacities and empirically identify key ...

  Exiting the middle-income trap requires costly improvements in state capacity. Can deep economic integration increase state capacity and, if so, how? This paper provides a conceptual framework, new measurement, and evidence. Focusing on a panel of ...

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