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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Bibliographic Details
Main Authors: Biller, Dan, Nabi, Ijaz
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
AIR
BUS
GDP
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/06/17836301/investing-infrastructure-harnessing-potential-growth-sri-lanka
http://hdl.handle.net/10986/15810
id okr-10986-15810
recordtype oai_dc
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 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