Infrastructure Financing in Asia - Hardcover

Bambang Susantono; Donghyun Park; Shu Tian

Hardcover

ISBN 10: 9811215111 ISBN 13: 9789811215117

Publisher: World Scientific Publishing Company, 2020

Synopsis

The book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the implications of tax financing and mass transit investments on land and property values and infrastructure financing. It then examines Asia's current practices and new solutions that can help meet the infrastructure gap. It discusses the role of institutions, how innovation can foster energy infrastructure investments, and the role of bond markets in infrastructure investments. The book explores ASEAN+3 efforts in developing local currency bond markets to provide long-term local financing for infrastructure investment while providing financial resilience. It also examines the use of green bonds to finance sustainable growth in Asia.

About this title

About the Author

Bambang Susantono is the Vice-President for Knowledge Management and Sustainable Development of the Asian Development Bank (ADB). He joined ADB in 2015, and provides strategic leadership to ADB's knowledge and research agenda. Prior to this, Susantono was the Acting Minister, and Vice-Minister of Transportation of Indonesia, and Deputy Minister for Infrastructure and Regional Development at the Coordinating Ministry for Economic Affairs. He holds a PhD in Infrastructure Planning, master's degrees in Transportation Engineering, and City and Regional Planning from the University of California Berkeley with a bachelor's degree in Civil Engineering from the Bandung Institute of Technology.

Donghyun Park is currently Principal Economist in ADB's Economic Research and Regional Cooperation Department, which he joined in April 2007. Prior to joining ADB, he was a tenured Associate Professor of Economics at Nanyang Technological University in Singapore. Dr Park has a PhD in economics from University of California, Los Angeles, and his main research fields are international finance, international trade, and development economics. His research, which has been published extensively in journals and books, revolves around policy-oriented topics relevant for Asia's long-term development, including middle-income trap, service sector development, and finance sector development. Dr Park plays a leading role in the production of Asian Development Outlook, ADB's biannual flagship publication on macroeconomic issues, and leads the team that produces Asia Bond Monitor, ADB's quarterly flagship report on emerging Asian bond markets.

Shu Tian is an Economist in ADB's ERCD. Prior to joining ADB, she was an Associate Professor of Finance at Fudan University in China. Dr Tian received her PhD in finance from the University of New South Wales, Australia, and her research interests include financial services and institution, investments, and empirical asset pricing. Her research has been published in academic journals on topics relating to financial asset pricing, portfolio allocation, and financial market development. Dr. Tian works in the teams that produce Asian Development Outlook and Asia Bond Monitor.

Edition details

• Publisher: World Scientific Publishing Company
• Publication date: 2020
• Language: English
• ISBN 10: 9811215111
• ISBN 13: 9789811215117
• Binding: Hardcover
• Number of pages: 408