Transport infrastructure and services: an Asia and developing world

Excerpt

Infrastructure is a fundamental factor in the development of countries and regions. Both the quality and the quantity of the infrastructure have significant effects on productivity. In particular, good transport infrastructure is essential for regional cooperation and integration, helping lagged regions catch up with the developed regions. Several Asian countries and regions have shown significant developments over the past several decades. Rapid infrastructure investments have supported that development and economic growth. However, there is evidence that development gaps between Asian countries have widened over time. Therefore, the transport infrastructure investments in Asian countries and regions merit investigation in terms of quality, quantity, benefits and costs, and benefit transfers to promote efficient and fair infrastructure investments for the future. …