Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka
The report starts with an overview and introduces the main findings. It addresses major constraints, instruments, and outcomes important to unleash the potential of infrastructure investments and policy fine-tuning. Chapter one discusses the infras...
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Format: | Publication |
Language: | English en_US |
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Washington, DC: World Bank
2013
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Online Access: | http://documents.worldbank.org/curated/en/2013/06/17836301/investing-infrastructure-harnessing-potential-growth-sri-lanka http://hdl.handle.net/10986/15810 |
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oai_dc |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACCOUNTING AFFILIATES AGGLOMERATION BENEFITS AGGLOMERATION ECONOMIES AGGREGATE DEMAND AGRICULTURE AIR AIR CARGO AIR FREIGHT AIR POLLUTION AIRCRAFT BOTTLENECKS BUS BUS TRANSPORT CAPACITY BUILDING CAPITALS CENTRAL BANK CENTRAL BANK OF SRI LANKA CERTAIN EXTENT CLIMATE CHANGE COAL COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONCEPTUAL FRAMEWORK CONGESTION CONSOLIDATION CONSUMER PROTECTION CROSS SUBSIDIES DEBT DEBT SERVICING DEFICITS DEREGULATION DEVELOPED COUNTRIES DEVELOPMENT POLICY DEVELOPMENT STRATEGY DIVIDENDS DOMESTIC AIRPORTS DOMESTIC TRANSPORT DRAINAGE DRIVERS ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC REFORM ECONOMICS ECONOMIES OF SCALE EFFECTIVE USE EFFICIENCY OF INFRASTRUCTURE ELECTRICITY EMPLOYMENT ENTREPRENEURSHIP ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCING SOURCES FISH FORESTRY FREE TRADE FUEL FUELS GDP GINI COEFFICIENT GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH RATE HIGHWAYS HOUSING HUMAN CAPITAL INDUSTRIALIZATION INEFFICIENCY INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INFRASTRUCTURES INSTITUTIONAL DEVELOPMENT INTERNATIONAL AIRPORT INTERNATIONAL TRADE INVENTORY LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LICENSES LIVABLE CITIES LIVING CONDITIONS LOCAL DRAINAGE MACROECONOMIC ANALYSIS MACROECONOMIC CONDITIONS MACROECONOMIC STABILITY MACROECONOMICS METALS MIGRATION MONETARY POLICY MULTIMODAL TRANSPORT NATIONAL INCOME NATIONAL PARKS NATURAL CAPITAL NATURAL RESOURCE ECONOMICS NATURAL RESOURCES OIL PER CAPITA INCOME PETROLEUM GAS PETROLEUM INDUSTRY POLICY INSTRUMENTS POLICY MAKERS PORT SERVICES PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCERS PRODUCTIVE RESOURCES PROFITABILITY PROVINCIAL GOVERNMENTS PROVISION OF INFRASTRUCTURE PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC TRANSPORTATION PUBLIC UTILITIES RAIL RAILWAY RAILWAY NETWORK RAILWAYS RAPID TRANSIT REGULATORY FRAMEWORK REPLACEMENT COSTS RESOURCE MANAGEMENT RETIREMENT RETURN ON INVESTMENT ROAD ROAD CONGESTION ROAD NETWORK ROADS RURAL ROADS SANITATION SAVINGS SOCIAL SERVICES STATE BANK OF PAKISTAN STREETS STRUCTURAL CHANGE SUSTAINABLE CONSUMPTION SUSTAINABLE DEVELOPMENT TAX TAX COLLECTION TAXATION TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TERMS OF TRADE TIRES TRADE COMPETITIVENESS TRAFFIC TRAFFIC MANAGEMENT TRANSIT SYSTEM TRANSPARENCY TRANSPORT TRANSPORT ACCESS TRANSPORT INVESTMENT TRANSPORT SECTOR TRANSPORT SYSTEM TRANSPORTATION NETWORK TRAVEL SPEEDS TRAVEL TIMES URBAN DEVELOPMENT URBAN INFRASTRUCTURE URBAN SERVICES URBANIZATION VALUE ADDED VEHICLES WASTE MANAGEMENT WATER SUPPLY WEALTH |
spellingShingle |
ACCOUNTING AFFILIATES AGGLOMERATION BENEFITS AGGLOMERATION ECONOMIES AGGREGATE DEMAND AGRICULTURE AIR AIR CARGO AIR FREIGHT AIR POLLUTION AIRCRAFT BOTTLENECKS BUS BUS TRANSPORT CAPACITY BUILDING CAPITALS CENTRAL BANK CENTRAL BANK OF SRI LANKA CERTAIN EXTENT CLIMATE CHANGE COAL COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONCEPTUAL FRAMEWORK CONGESTION CONSOLIDATION CONSUMER PROTECTION CROSS SUBSIDIES DEBT DEBT SERVICING DEFICITS DEREGULATION DEVELOPED COUNTRIES DEVELOPMENT POLICY DEVELOPMENT STRATEGY DIVIDENDS DOMESTIC AIRPORTS DOMESTIC TRANSPORT DRAINAGE DRIVERS ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC REFORM ECONOMICS ECONOMIES OF SCALE EFFECTIVE USE EFFICIENCY OF INFRASTRUCTURE ELECTRICITY EMPLOYMENT ENTREPRENEURSHIP ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCING SOURCES FISH FORESTRY FREE TRADE FUEL FUELS GDP GINI COEFFICIENT GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH RATE HIGHWAYS HOUSING HUMAN CAPITAL INDUSTRIALIZATION INEFFICIENCY INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INFRASTRUCTURES INSTITUTIONAL DEVELOPMENT INTERNATIONAL AIRPORT INTERNATIONAL TRADE INVENTORY LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LICENSES LIVABLE CITIES LIVING CONDITIONS LOCAL DRAINAGE MACROECONOMIC ANALYSIS MACROECONOMIC CONDITIONS MACROECONOMIC STABILITY MACROECONOMICS METALS MIGRATION MONETARY POLICY MULTIMODAL TRANSPORT NATIONAL INCOME NATIONAL PARKS NATURAL CAPITAL NATURAL RESOURCE ECONOMICS NATURAL RESOURCES OIL PER CAPITA INCOME PETROLEUM GAS PETROLEUM INDUSTRY POLICY INSTRUMENTS POLICY MAKERS PORT SERVICES PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCERS PRODUCTIVE RESOURCES PROFITABILITY PROVINCIAL GOVERNMENTS PROVISION OF INFRASTRUCTURE PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC TRANSPORTATION PUBLIC UTILITIES RAIL RAILWAY RAILWAY NETWORK RAILWAYS RAPID TRANSIT REGULATORY FRAMEWORK REPLACEMENT COSTS RESOURCE MANAGEMENT RETIREMENT RETURN ON INVESTMENT ROAD ROAD CONGESTION ROAD NETWORK ROADS RURAL ROADS SANITATION SAVINGS SOCIAL SERVICES STATE BANK OF PAKISTAN STREETS STRUCTURAL CHANGE SUSTAINABLE CONSUMPTION SUSTAINABLE DEVELOPMENT TAX TAX COLLECTION TAXATION TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TERMS OF TRADE TIRES TRADE COMPETITIVENESS TRAFFIC TRAFFIC MANAGEMENT TRANSIT SYSTEM TRANSPARENCY TRANSPORT TRANSPORT ACCESS TRANSPORT INVESTMENT TRANSPORT SECTOR TRANSPORT SYSTEM TRANSPORTATION NETWORK TRAVEL SPEEDS TRAVEL TIMES URBAN DEVELOPMENT URBAN INFRASTRUCTURE URBAN SERVICES URBANIZATION VALUE ADDED VEHICLES WASTE MANAGEMENT WATER SUPPLY WEALTH Biller, Dan Nabi, Ijaz Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka |
geographic_facet |
South Asia Sri Lanka |
relation |
Directions in Development--Infrastructure; |
description |
The report starts with an overview and
introduces the main findings. It addresses major
constraints, instruments, and outcomes important to unleash
the potential of infrastructure investments and policy
fine-tuning. Chapter one discusses the infrastructure and
growth nexus, given the country's macroeconomic
scenario. It examines the long-term sustainability,
particularly considering the Mahinda Chintana's high
infrastructure investment targets, and how the country can
achieve its high economic growth targets, given its
historical and current investment levels. Chapter two argues
that the two principal drivers of sustained high economic
growth and productive employment are: (a) international
competitiveness that results in export-led growth; and (b)
urbanization that facilitates productive economic activity.
Chapter three reviews key infrastructure sectors to identify
the regulatory issues that need to be addressed and estimate
the needed investment. Redressing infrastructure
constraints, however, cannot be piecemeal and product
specific. Instead, a sector-wide approach is needed. In
light of the large investment requirement and high public
debt and deficit, chapter four discusses the potential of
public-private partnership in infrastructure delivery and
supportive regulatory reform. Finally, chapter five
concludes the analysis, summarizing major highlights. |
format |
Publications & Research :: Publication |
author |
Biller, Dan Nabi, Ijaz |
author_facet |
Biller, Dan Nabi, Ijaz |
author_sort |
Biller, Dan |
title |
Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka |
title_short |
Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka |
title_full |
Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka |
title_fullStr |
Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka |
title_full_unstemmed |
Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka |
title_sort |
investing in infrastructure : harnessing its potential for growth in sri lanka |
publisher |
Washington, DC: World Bank |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2013/06/17836301/investing-infrastructure-harnessing-potential-growth-sri-lanka http://hdl.handle.net/10986/15810 |
_version_ |
1764431124933640192 |
spelling |
okr-10986-158102021-04-23T14:03:22Z Investing in Infrastructure : Harnessing Its Potential for Growth in Sri Lanka Biller, Dan Nabi, Ijaz ACCOUNTING AFFILIATES AGGLOMERATION BENEFITS AGGLOMERATION ECONOMIES AGGREGATE DEMAND AGRICULTURE AIR AIR CARGO AIR FREIGHT AIR POLLUTION AIRCRAFT BOTTLENECKS BUS BUS TRANSPORT CAPACITY BUILDING CAPITALS CENTRAL BANK CENTRAL BANK OF SRI LANKA CERTAIN EXTENT CLIMATE CHANGE COAL COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONCEPTUAL FRAMEWORK CONGESTION CONSOLIDATION CONSUMER PROTECTION CROSS SUBSIDIES DEBT DEBT SERVICING DEFICITS DEREGULATION DEVELOPED COUNTRIES DEVELOPMENT POLICY DEVELOPMENT STRATEGY DIVIDENDS DOMESTIC AIRPORTS DOMESTIC TRANSPORT DRAINAGE DRIVERS ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC REFORM ECONOMICS ECONOMIES OF SCALE EFFECTIVE USE EFFICIENCY OF INFRASTRUCTURE ELECTRICITY EMPLOYMENT ENTREPRENEURSHIP ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCING SOURCES FISH FORESTRY FREE TRADE FUEL FUELS GDP GINI COEFFICIENT GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH RATE HIGHWAYS HOUSING HUMAN CAPITAL INDUSTRIALIZATION INEFFICIENCY INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INFRASTRUCTURES INSTITUTIONAL DEVELOPMENT INTERNATIONAL AIRPORT INTERNATIONAL TRADE INVENTORY LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LICENSES LIVABLE CITIES LIVING CONDITIONS LOCAL DRAINAGE MACROECONOMIC ANALYSIS MACROECONOMIC CONDITIONS MACROECONOMIC STABILITY MACROECONOMICS METALS MIGRATION MONETARY POLICY MULTIMODAL TRANSPORT NATIONAL INCOME NATIONAL PARKS NATURAL CAPITAL NATURAL RESOURCE ECONOMICS NATURAL RESOURCES OIL PER CAPITA INCOME PETROLEUM GAS PETROLEUM INDUSTRY POLICY INSTRUMENTS POLICY MAKERS PORT SERVICES PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCERS PRODUCTIVE RESOURCES PROFITABILITY PROVINCIAL GOVERNMENTS PROVISION OF INFRASTRUCTURE PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC TRANSPORTATION PUBLIC UTILITIES RAIL RAILWAY RAILWAY NETWORK RAILWAYS RAPID TRANSIT REGULATORY FRAMEWORK REPLACEMENT COSTS RESOURCE MANAGEMENT RETIREMENT RETURN ON INVESTMENT ROAD ROAD CONGESTION ROAD NETWORK ROADS RURAL ROADS SANITATION SAVINGS SOCIAL SERVICES STATE BANK OF PAKISTAN STREETS STRUCTURAL CHANGE SUSTAINABLE CONSUMPTION SUSTAINABLE DEVELOPMENT TAX TAX COLLECTION TAXATION TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TERMS OF TRADE TIRES TRADE COMPETITIVENESS TRAFFIC TRAFFIC MANAGEMENT TRANSIT SYSTEM TRANSPARENCY TRANSPORT TRANSPORT ACCESS TRANSPORT INVESTMENT TRANSPORT SECTOR TRANSPORT SYSTEM TRANSPORTATION NETWORK TRAVEL SPEEDS TRAVEL TIMES URBAN DEVELOPMENT URBAN INFRASTRUCTURE URBAN SERVICES URBANIZATION VALUE ADDED VEHICLES WASTE MANAGEMENT WATER SUPPLY WEALTH The report starts with an overview and introduces the main findings. It addresses major constraints, instruments, and outcomes important to unleash the potential of infrastructure investments and policy fine-tuning. Chapter one discusses the infrastructure and growth nexus, given the country's macroeconomic scenario. It examines the long-term sustainability, particularly considering the Mahinda Chintana's high infrastructure investment targets, and how the country can achieve its high economic growth targets, given its historical and current investment levels. Chapter two argues that the two principal drivers of sustained high economic growth and productive employment are: (a) international competitiveness that results in export-led growth; and (b) urbanization that facilitates productive economic activity. Chapter three reviews key infrastructure sectors to identify the regulatory issues that need to be addressed and estimate the needed investment. Redressing infrastructure constraints, however, cannot be piecemeal and product specific. Instead, a sector-wide approach is needed. In light of the large investment requirement and high public debt and deficit, chapter four discusses the potential of public-private partnership in infrastructure delivery and supportive regulatory reform. Finally, chapter five concludes the analysis, summarizing major highlights. 2013-09-25T17:17:44Z 2013-09-25T17:17:44Z 2013-06-03 http://documents.worldbank.org/curated/en/2013/06/17836301/investing-infrastructure-harnessing-potential-growth-sri-lanka 978-0-8213-9927-9 10.1596/978-0-8213-9927-9 http://hdl.handle.net/10986/15810 English en_US Directions in Development--Infrastructure; 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 South Asia Sri Lanka |