Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis
Private participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia,...
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Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/04/1121147/private-infrastructure-east-asia-lessons-learned-aftermath-crisis http://hdl.handle.net/10986/13912 |
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okr-10986-139122021-04-23T14:03:10Z Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis Baietti, Aldo ASSETS BALANCE OF PAYMENTS BALANCE SHEET BALANCE SHEETS BANKING SECTOR BORROWING CAPITAL FLOWS CAPITAL MARKETS COMMERCIAL BANKS CONSUMERS DEBT DEBT SERVICE DEFICIT SPENDING DEPOSITS DEPRECIATION DEVALUATION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC RECOVERY ELECTRICITY ELECTRICITY GENERATION EQUITY CAPITAL EXCHANGE RATE EXCHANGE RATES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL MARKETS FINANCIAL SECTOR FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES GDP INCOME INCOME GROUPS INFLATION INTEREST RATES LICENSES LIQUIDITY LONG-TERM CAPITAL MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET RISK MONEY SUPPLY MONOPOLIES NONPERFORMING LOANS OIL OPERATING RISK POPULATION GROWTH PORTS POVERTY LINE PRIVATE BANKING PRIVATE SECTOR PRIVATIZATION PRODUCERS PROJECT FINANCE PROPERTY VALUES PROVISION OF INFRASTRUCTURE PUBLIC ENTERPRISES PUBLIC SECTOR PUBLIC UTILITIES PURCHASING POWER REGULATORY FRAMEWORK REVENUE COLLECTION REVENUE GUARANTEES REVENUE SHARING ROADS SAVINGS SAVINGS RATES STATE ENTERPRISES TELECOMMUNICATIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYMENT URBANIZATION WEALTH WELFARE GAINS WILLINGNESS TO PAY WORKING CAPITAL Private participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia, focuses on retaining existing assets in the public sector but seeking private sector involvement to augment capacity through new greenfield investments. The financial crisis that emerged in East Asia in mid-1997 threatened to undermine much of the progress the region had made in applying this second model to mobilize private investment and financing for infrastructure. This report describes the background of the 1997 financial crisis in East Asia and its impact on private investment in the region's infrastructure. It then analyzes lessons learned in the aftermath of the crisis in six countries--Indonesia, Malaysia, the Philippines, the Republic of Korea, Thailand, and Vietnam--and explores how these countries can respond to the new challenges. 2013-06-13T17:18:52Z 2013-06-13T17:18:52Z 2001-04 http://documents.worldbank.org/curated/en/2001/04/1121147/private-infrastructure-east-asia-lessons-learned-aftermath-crisis 0-8213-4936-8 http://hdl.handle.net/10986/13912 English en_US World Bank Technical Paper;No. 501 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication East Asia and Pacific East Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ASSETS BALANCE OF PAYMENTS BALANCE SHEET BALANCE SHEETS BANKING SECTOR BORROWING CAPITAL FLOWS CAPITAL MARKETS COMMERCIAL BANKS CONSUMERS DEBT DEBT SERVICE DEFICIT SPENDING DEPOSITS DEPRECIATION DEVALUATION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC RECOVERY ELECTRICITY ELECTRICITY GENERATION EQUITY CAPITAL EXCHANGE RATE EXCHANGE RATES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL MARKETS FINANCIAL SECTOR FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES GDP INCOME INCOME GROUPS INFLATION INTEREST RATES LICENSES LIQUIDITY LONG-TERM CAPITAL MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET RISK MONEY SUPPLY MONOPOLIES NONPERFORMING LOANS OIL OPERATING RISK POPULATION GROWTH PORTS POVERTY LINE PRIVATE BANKING PRIVATE SECTOR PRIVATIZATION PRODUCERS PROJECT FINANCE PROPERTY VALUES PROVISION OF INFRASTRUCTURE PUBLIC ENTERPRISES PUBLIC SECTOR PUBLIC UTILITIES PURCHASING POWER REGULATORY FRAMEWORK REVENUE COLLECTION REVENUE GUARANTEES REVENUE SHARING ROADS SAVINGS SAVINGS RATES STATE ENTERPRISES TELECOMMUNICATIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYMENT URBANIZATION WEALTH WELFARE GAINS WILLINGNESS TO PAY WORKING CAPITAL |
| spellingShingle |
ASSETS BALANCE OF PAYMENTS BALANCE SHEET BALANCE SHEETS BANKING SECTOR BORROWING CAPITAL FLOWS CAPITAL MARKETS COMMERCIAL BANKS CONSUMERS DEBT DEBT SERVICE DEFICIT SPENDING DEPOSITS DEPRECIATION DEVALUATION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC RECOVERY ELECTRICITY ELECTRICITY GENERATION EQUITY CAPITAL EXCHANGE RATE EXCHANGE RATES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL MARKETS FINANCIAL SECTOR FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES GDP INCOME INCOME GROUPS INFLATION INTEREST RATES LICENSES LIQUIDITY LONG-TERM CAPITAL MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET RISK MONEY SUPPLY MONOPOLIES NONPERFORMING LOANS OIL OPERATING RISK POPULATION GROWTH PORTS POVERTY LINE PRIVATE BANKING PRIVATE SECTOR PRIVATIZATION PRODUCERS PROJECT FINANCE PROPERTY VALUES PROVISION OF INFRASTRUCTURE PUBLIC ENTERPRISES PUBLIC SECTOR PUBLIC UTILITIES PURCHASING POWER REGULATORY FRAMEWORK REVENUE COLLECTION REVENUE GUARANTEES REVENUE SHARING ROADS SAVINGS SAVINGS RATES STATE ENTERPRISES TELECOMMUNICATIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYMENT URBANIZATION WEALTH WELFARE GAINS WILLINGNESS TO PAY WORKING CAPITAL Baietti, Aldo Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis |
| geographic_facet |
East Asia and Pacific East Asia |
| relation |
World Bank Technical Paper;No. 501 |
| description |
Private participation in infrastructure
has taken two distinct forms in the developing world. The
first model, applied primarily in Latin America, focuses on
privatization of existing infrastructure assets. The second,
applied largely in East Asia, focuses on retaining existing
assets in the public sector but seeking private sector
involvement to augment capacity through new greenfield
investments. The financial crisis that emerged in East Asia
in mid-1997 threatened to undermine much of the progress the
region had made in applying this second model to mobilize
private investment and financing for infrastructure. This
report describes the background of the 1997 financial crisis
in East Asia and its impact on private investment in the
region's infrastructure. It then analyzes lessons
learned in the aftermath of the crisis in six
countries--Indonesia, Malaysia, the Philippines, the
Republic of Korea, Thailand, and Vietnam--and explores how
these countries can respond to the new challenges. |
| format |
Publications & Research :: Publication |
| author |
Baietti, Aldo |
| author_facet |
Baietti, Aldo |
| author_sort |
Baietti, Aldo |
| title |
Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis |
| title_short |
Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis |
| title_full |
Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis |
| title_fullStr |
Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis |
| title_full_unstemmed |
Private Infrastructure in East Asia : Lessons Learned in the Aftermath of the Crisis |
| title_sort |
private infrastructure in east asia : lessons learned in the aftermath of the crisis |
| publisher |
Washington, DC: World Bank |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2001/04/1121147/private-infrastructure-east-asia-lessons-learned-aftermath-crisis http://hdl.handle.net/10986/13912 |
| _version_ |
1764424807796965376 |