Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing
If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and addre...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank Group, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/09/20210647/infrastructure-gap-south-asia-infrastructure-needs-prioritization-financing http://hdl.handle.net/10986/20327 |
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okr-10986-20327 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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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 AGGLOMERATION AGGLOMERATION EFFECTS AGRICULTURE AIRPORTS BARRIERS TO ENTRY BENCHMARK BENCHMARKING BOTTLENECKS BRIDGE CLIMATE CHANGE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGES CONCESSION CONCESSION PROJECTS CONCESSIONS CONSUMER WELFARE CONSUMPTION INCREASES CONTRACTUAL ARRANGEMENTS COST RECOVERY COST-BENEFIT ANALYSIS DECENTRALIZATION DECISION MAKING DEFICITS DEMAND FOR INFRASTRUCTURE INVESTMENT DEREGULATION DEVELOPMENT POLICY DIESEL DISTRIBUTION GRID DIVESTITURE DONOR AGENCIES DRIVING ECONOMETRIC MODELS ECONOMIC BENEFITS ECONOMIC CHARACTERISTICS ECONOMIC DIMENSION ECONOMIC GROWTH ECONOMIC GROWTH RATES ECONOMIC LOSS ECONOMIC MODELS ECONOMIC SECTORS ECONOMIC STRUCTURE ECONOMICS ECONOMIES OF SCALE EFFICIENCY OF INFRASTRUCTURE ELASTICITY ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SECTOR ELECTRICITY SUPPLY ENTRY BARRIERS EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL OPTIONS FOSSIL FUELS FREIGHT FREIGHT TRANSPORT GASOLINE GDP GDP PER CAPITA GROSS DOMESTIC PRODUCT GROWTH MODEL GROWTH RATE GROWTH RATES HIGHWAY HUMAN CAPITAL INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFRASTRUCTURE ASSETS INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENT PROJECTS INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE PERFORMANCE INDICATORS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICES INFRASTRUCTURES INTERNATIONAL ENERGY INTERNATIONAL TRADE INTERSTATE TRANSPORT INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT REQUIREMENTS INVESTMENT TARGETS JOINT VENTURE LEASE CONTRACT LOCAL GOVERNMENTS MAINTENANCE COSTS MAINTENANCE OF INFRASTRUCTURE MARKET ACCESS MOBILITY MOTOR VEHICLES NATIONAL GOVERNMENTS NATIONAL TRANSPORT NATURAL MONOPOLY NATURAL RESOURCES NEGATIVE EXTERNALITIES NETWORK EXTERNALITIES NETWORK PLANNING OPEN ACCESS ORGANIZATIONAL FORM ORGANIZATIONAL STRUCTURE OUTSOURCING PARTIAL DIVESTITURE POLITICAL ECONOMY POLLUTION POOR HOUSEHOLDS PORT AUTHORITY POWER POWER DISTRIBUTION POWER PLANTS POWER SECTOR PRICE REGULATION PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATE SECTOR INVESTMENTS PRIVATE SECTOR PARTICIPATION PRIVATE VEHICLE PRIVATIZATION PUBLIC PUBLIC CONTRACTS PUBLIC FUNDS PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC RESOURCES PUBLIC SAFETY PUBLIC SECTOR PUBLIC SECTOR INVESTMENT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC UTILITIES RAIL RAIL NETWORK RAILWAYS REGIONAL INFRASTRUCTURE REGULATORY FRAMEWORK RENTS RETURNS TO SCALE ROAD ROAD NETWORK ROAD NETWORKS ROAD SECTOR ROADS SAFE WATER SUPPLY SALES TAXES SANITATION SANITATION INFRASTRUCTURE SERVICE PROVIDERS SHADOW TOLLS SLUMS SOCIAL WELFARE SOLID WASTE COLLECTION STATE HIGHWAYS STOCKS STRUCTURAL CHANGE TAX TAX REVENUES TELECOMMUNICATIONS TERMINAL OPERATORS TOLLS TOTAL FACTOR PRODUCTIVITY TRANSFER OF OWNERSHIP TRANSMISSION LINES TRANSPORT TRANSPORT ACCESS TRANSPORT INFRASTRUCTURE TRANSPORT INVESTMENT TRANSPORT INVESTMENTS TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION INFRASTRUCTURE TRANSPORTATION NETWORKS TRANSPORTATION SYSTEM URBAN HIGHWAY URBAN POVERTY URBAN SPRAWL URBANIZATION USER CHARGES VALUATION WATER SERVICES WEALTH |
| spellingShingle |
ACCOUNTING AGGLOMERATION AGGLOMERATION EFFECTS AGRICULTURE AIRPORTS BARRIERS TO ENTRY BENCHMARK BENCHMARKING BOTTLENECKS BRIDGE CLIMATE CHANGE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGES CONCESSION CONCESSION PROJECTS CONCESSIONS CONSUMER WELFARE CONSUMPTION INCREASES CONTRACTUAL ARRANGEMENTS COST RECOVERY COST-BENEFIT ANALYSIS DECENTRALIZATION DECISION MAKING DEFICITS DEMAND FOR INFRASTRUCTURE INVESTMENT DEREGULATION DEVELOPMENT POLICY DIESEL DISTRIBUTION GRID DIVESTITURE DONOR AGENCIES DRIVING ECONOMETRIC MODELS ECONOMIC BENEFITS ECONOMIC CHARACTERISTICS ECONOMIC DIMENSION ECONOMIC GROWTH ECONOMIC GROWTH RATES ECONOMIC LOSS ECONOMIC MODELS ECONOMIC SECTORS ECONOMIC STRUCTURE ECONOMICS ECONOMIES OF SCALE EFFICIENCY OF INFRASTRUCTURE ELASTICITY ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SECTOR ELECTRICITY SUPPLY ENTRY BARRIERS EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL OPTIONS FOSSIL FUELS FREIGHT FREIGHT TRANSPORT GASOLINE GDP GDP PER CAPITA GROSS DOMESTIC PRODUCT GROWTH MODEL GROWTH RATE GROWTH RATES HIGHWAY HUMAN CAPITAL INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFRASTRUCTURE ASSETS INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENT PROJECTS INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE PERFORMANCE INDICATORS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICES INFRASTRUCTURES INTERNATIONAL ENERGY INTERNATIONAL TRADE INTERSTATE TRANSPORT INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT REQUIREMENTS INVESTMENT TARGETS JOINT VENTURE LEASE CONTRACT LOCAL GOVERNMENTS MAINTENANCE COSTS MAINTENANCE OF INFRASTRUCTURE MARKET ACCESS MOBILITY MOTOR VEHICLES NATIONAL GOVERNMENTS NATIONAL TRANSPORT NATURAL MONOPOLY NATURAL RESOURCES NEGATIVE EXTERNALITIES NETWORK EXTERNALITIES NETWORK PLANNING OPEN ACCESS ORGANIZATIONAL FORM ORGANIZATIONAL STRUCTURE OUTSOURCING PARTIAL DIVESTITURE POLITICAL ECONOMY POLLUTION POOR HOUSEHOLDS PORT AUTHORITY POWER POWER DISTRIBUTION POWER PLANTS POWER SECTOR PRICE REGULATION PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATE SECTOR INVESTMENTS PRIVATE SECTOR PARTICIPATION PRIVATE VEHICLE PRIVATIZATION PUBLIC PUBLIC CONTRACTS PUBLIC FUNDS PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC RESOURCES PUBLIC SAFETY PUBLIC SECTOR PUBLIC SECTOR INVESTMENT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC UTILITIES RAIL RAIL NETWORK RAILWAYS REGIONAL INFRASTRUCTURE REGULATORY FRAMEWORK RENTS RETURNS TO SCALE ROAD ROAD NETWORK ROAD NETWORKS ROAD SECTOR ROADS SAFE WATER SUPPLY SALES TAXES SANITATION SANITATION INFRASTRUCTURE SERVICE PROVIDERS SHADOW TOLLS SLUMS SOCIAL WELFARE SOLID WASTE COLLECTION STATE HIGHWAYS STOCKS STRUCTURAL CHANGE TAX TAX REVENUES TELECOMMUNICATIONS TERMINAL OPERATORS TOLLS TOTAL FACTOR PRODUCTIVITY TRANSFER OF OWNERSHIP TRANSMISSION LINES TRANSPORT TRANSPORT ACCESS TRANSPORT INFRASTRUCTURE TRANSPORT INVESTMENT TRANSPORT INVESTMENTS TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION INFRASTRUCTURE TRANSPORTATION NETWORKS TRANSPORTATION SYSTEM URBAN HIGHWAY URBAN POVERTY URBAN SPRAWL URBANIZATION USER CHARGES VALUATION WATER SERVICES WEALTH Andres, Luis Biller, Dan Herrera Dappe, Matias Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing |
| geographic_facet |
South Asia South Asia |
| relation |
Policy Research Working Paper;No. 7032 |
| description |
If the South Asia region hopes to meet
its development goals and not risk slowing down or even
halting growth, poverty alleviation, and shared prosperity,
it is essential to make closing its huge infrastructure gap
a priority. Identifying and addressing gaps in the data on
expenditure, access, and quality are crucial to ensuring
that governments make efficient, practical, and effective
infrastructure development choices. This study addresses
this knowledge gap by focusing on the current status of
infrastructure sectors and geographical disparities, real
levels of investment and private sector participation,
deficits and proper targets for the future, and bottlenecks
to expansion. The findings show that the South Asia region
needs to invest between US$1.7 trillion and US$2.5 trillion
(at current prices) to close its infrastructure gap. If
investments are spread evenly over the years until 2020, the
region needs to invest between 6.6 and 9.9 percent of 2010
gross domestic product per year, an estimated increase of up
to 3 percentage points from the 6.9 percent of gross
domestic product invested in infrastructure by countries in
the region in 2009. Given the enormous size of the
region's infrastructure deficiencies, it will need a
mix of investment in infrastructure stock and supportive
reforms to close its infrastructure gap. One major challenge
will be prioritizing investment needs. Another will be
choosing optimal forms of service provision, including the
private sector's role, and the decentralization of
administrative functions and powers. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Andres, Luis Biller, Dan Herrera Dappe, Matias |
| author_facet |
Andres, Luis Biller, Dan Herrera Dappe, Matias |
| author_sort |
Andres, Luis |
| title |
Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing |
| title_short |
Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing |
| title_full |
Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing |
| title_fullStr |
Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing |
| title_full_unstemmed |
Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing |
| title_sort |
infrastructure gap in south asia : infrastructure needs, prioritization, and financing |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/09/20210647/infrastructure-gap-south-asia-infrastructure-needs-prioritization-financing http://hdl.handle.net/10986/20327 |
| _version_ |
1764445129481912320 |
| spelling |
okr-10986-203272021-04-23T14:03:55Z Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing Andres, Luis Biller, Dan Herrera Dappe, Matias ACCOUNTING AGGLOMERATION AGGLOMERATION EFFECTS AGRICULTURE AIRPORTS BARRIERS TO ENTRY BENCHMARK BENCHMARKING BOTTLENECKS BRIDGE CLIMATE CHANGE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGES CONCESSION CONCESSION PROJECTS CONCESSIONS CONSUMER WELFARE CONSUMPTION INCREASES CONTRACTUAL ARRANGEMENTS COST RECOVERY COST-BENEFIT ANALYSIS DECENTRALIZATION DECISION MAKING DEFICITS DEMAND FOR INFRASTRUCTURE INVESTMENT DEREGULATION DEVELOPMENT POLICY DIESEL DISTRIBUTION GRID DIVESTITURE DONOR AGENCIES DRIVING ECONOMETRIC MODELS ECONOMIC BENEFITS ECONOMIC CHARACTERISTICS ECONOMIC DIMENSION ECONOMIC GROWTH ECONOMIC GROWTH RATES ECONOMIC LOSS ECONOMIC MODELS ECONOMIC SECTORS ECONOMIC STRUCTURE ECONOMICS ECONOMIES OF SCALE EFFICIENCY OF INFRASTRUCTURE ELASTICITY ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SECTOR ELECTRICITY SUPPLY ENTRY BARRIERS EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL OPTIONS FOSSIL FUELS FREIGHT FREIGHT TRANSPORT GASOLINE GDP GDP PER CAPITA GROSS DOMESTIC PRODUCT GROWTH MODEL GROWTH RATE GROWTH RATES HIGHWAY HUMAN CAPITAL INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFRASTRUCTURE ASSETS INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENT PROJECTS INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE PERFORMANCE INDICATORS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICES INFRASTRUCTURES INTERNATIONAL ENERGY INTERNATIONAL TRADE INTERSTATE TRANSPORT INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT REQUIREMENTS INVESTMENT TARGETS JOINT VENTURE LEASE CONTRACT LOCAL GOVERNMENTS MAINTENANCE COSTS MAINTENANCE OF INFRASTRUCTURE MARKET ACCESS MOBILITY MOTOR VEHICLES NATIONAL GOVERNMENTS NATIONAL TRANSPORT NATURAL MONOPOLY NATURAL RESOURCES NEGATIVE EXTERNALITIES NETWORK EXTERNALITIES NETWORK PLANNING OPEN ACCESS ORGANIZATIONAL FORM ORGANIZATIONAL STRUCTURE OUTSOURCING PARTIAL DIVESTITURE POLITICAL ECONOMY POLLUTION POOR HOUSEHOLDS PORT AUTHORITY POWER POWER DISTRIBUTION POWER PLANTS POWER SECTOR PRICE REGULATION PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATE SECTOR INVESTMENTS PRIVATE SECTOR PARTICIPATION PRIVATE VEHICLE PRIVATIZATION PUBLIC PUBLIC CONTRACTS PUBLIC FUNDS PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC RESOURCES PUBLIC SAFETY PUBLIC SECTOR PUBLIC SECTOR INVESTMENT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC UTILITIES RAIL RAIL NETWORK RAILWAYS REGIONAL INFRASTRUCTURE REGULATORY FRAMEWORK RENTS RETURNS TO SCALE ROAD ROAD NETWORK ROAD NETWORKS ROAD SECTOR ROADS SAFE WATER SUPPLY SALES TAXES SANITATION SANITATION INFRASTRUCTURE SERVICE PROVIDERS SHADOW TOLLS SLUMS SOCIAL WELFARE SOLID WASTE COLLECTION STATE HIGHWAYS STOCKS STRUCTURAL CHANGE TAX TAX REVENUES TELECOMMUNICATIONS TERMINAL OPERATORS TOLLS TOTAL FACTOR PRODUCTIVITY TRANSFER OF OWNERSHIP TRANSMISSION LINES TRANSPORT TRANSPORT ACCESS TRANSPORT INFRASTRUCTURE TRANSPORT INVESTMENT TRANSPORT INVESTMENTS TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION INFRASTRUCTURE TRANSPORTATION NETWORKS TRANSPORTATION SYSTEM URBAN HIGHWAY URBAN POVERTY URBAN SPRAWL URBANIZATION USER CHARGES VALUATION WATER SERVICES WEALTH If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and addressing gaps in the data on expenditure, access, and quality are crucial to ensuring that governments make efficient, practical, and effective infrastructure development choices. This study addresses this knowledge gap by focusing on the current status of infrastructure sectors and geographical disparities, real levels of investment and private sector participation, deficits and proper targets for the future, and bottlenecks to expansion. The findings show that the South Asia region needs to invest between US$1.7 trillion and US$2.5 trillion (at current prices) to close its infrastructure gap. If investments are spread evenly over the years until 2020, the region needs to invest between 6.6 and 9.9 percent of 2010 gross domestic product per year, an estimated increase of up to 3 percentage points from the 6.9 percent of gross domestic product invested in infrastructure by countries in the region in 2009. Given the enormous size of the region's infrastructure deficiencies, it will need a mix of investment in infrastructure stock and supportive reforms to close its infrastructure gap. One major challenge will be prioritizing investment needs. Another will be choosing optimal forms of service provision, including the private sector's role, and the decentralization of administrative functions and powers. 2014-10-01T18:54:22Z 2014-10-01T18:54:22Z 2014-09 http://documents.worldbank.org/curated/en/2014/09/20210647/infrastructure-gap-south-asia-infrastructure-needs-prioritization-financing http://hdl.handle.net/10986/20327 English en_US Policy Research Working Paper;No. 7032 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia South Asia |