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  • Report  |   January 2018

    Compendium of Best Practices in Road Asset Management

    Author(s): Asian Development Bank

    Central Asia Regional Economic Cooperation (CAREC) Program member countries share best practices in road asset management, which aims to optimize economic benefits by minimizing maintenance and road user costs. This compendium presents the best practices for the introduction and development of road asset management based on a desk review of the...

  • Report  |   2018

    Aviation and the Role of CAREC: A Scoping Study

    Author(s): Asian Development Bank

    This study examines the potential role of the Central Asia Regional Economic Cooperation (CAREC) Program in improving aviation in the region. The study provides an analysis of the CAREC region’s current state of aviation, and is structured around three principal components of aviation development: policy and regulation, infrastructure and...

  • Report  |   June 2018

    Closing the Financing Gap in Asian Infrastructure

    Author(s): Ra, Sungsup ; Li, Zhigang

    ADB in 2017 estimated a financing gap in economic infrastructure of $459 billion per year for Asia. The gap almost doubles to $907 billion with the expected need for funding of social infrastructure. Infrastructure investment in Asia, both in economic and social infrastructure, faces a massive financing gap despite the region’s high savings. The...

  • Report  |   2018

    Building a Stronger and More Integrated Europe

    Author(s): Sánchez, Aida Caldera

    Europe’s economy is finally growing robustly. These positive developments provide an opportunity to renew efforts to meet the long-term challenges facing the European Union (EU). The EU’s record on reducing regional income disparities is mixed and this explains some of citizens’ discontent with the European project. Reforming cohesion policy by...

  • Report  |   2018

    Trade Costs, Time, and Supply Chain Reliability

    Author(s): Kumar, Utsav ; Shepherd, Ben ; Dime, Roselle

    South Asia Subregional Economic Cooperation countries have to invest in improving connectivity to reduce transport times and increase reliability to major markets. This paper uses measures of international transport time in median and standard deviation based on shipment-level data from the Universal Postal Union, to analyze the effect of time on...

  • Report  |   2018

    Updating and Enhancement of the BIMSTEC Transport Infrastructure and Logistics Study

    Author(s): Asian Development Bank

    BIMSTEC aims to create an environment for rapid economic development through identification and implementation of specific cooperation projects in infrastructure and transportation. The core functions of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)—to promote free trade and increase cross-border...

  • Report  |   January 2018

    Financing Infrastructure in Asia: Capturing Impacts and New Sources

    Author(s): Yoshino, Naoyuki ; Helble, Matthias ; Abidhadjaev, Umid

    This book presents several country studies and explains how infrastructure investment can increase output, taxes, trade, and firm productivity. Governments throughout the Asia-Pacific region recognize the catalyzing role of infrastructure investment for sustainable growth. Yet, they are faced with the problem of financing new infrastructure. This...

  • Book  |   August 2018

    Enhancing Connectivity through Transport Infrastructure: The Role of Official Development Finance and Private Investment

    Author(s): Organisation for Economic Co-operation and Development

    Cross-border or long-distance roads and railways as well as international ports and airports are needed to move products and people around in a globalised world. The OECD recently published a report, "Enhancing Connectivity Transport Infrastructure: The Role of Official Development Finance and Private Investment", which takes stock of...

  • Report  |   2018

    Review of Configuration of the Greater Mekong Subregion Economic Corridors

    Author(s): Asian Development Bank

    This review recommends possible extension and/or realignment of economic corridors to enhance their effectiveness and efficiency in advancing economic integration in the Greater Mekong Subregion. The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The...

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