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  • Report  |   2017

    Appraisal Econometrics for Proposed Transport Corridors: Optimal Placement, Intervention Design, and Wider Economic Benefits

    Author(s): Melecky, Martin

    Transport corridors to stimulate regional integration and trade have become a popular development tool. But when they fail to generate the expected wider economic benefits, they can become wasteful or unequitable investments. This paper evaluates the relative strengths and weaknesses of econometric methods as applied today to appraise the...

  • Report  |   2017

    Appraisal Econometrics for Proposed Transport Corridors: Optimal Placement, Intervention Design, and Wider Economic Benefits

    Author(s): Melecky, Martin

    Transport corridors to stimulate regional integration and trade have become a popular development tool. But when they fail to generate the expected wider economic benefits, they can become wasteful or unequitable investments. This paper evaluates the relative strengths and weaknesses of econometric methods as applied today to appraise the...

  • Report  |   January 2018

    Transport Corridors and Their Wider Economic Benefits: A Critical Review of the Literature

    Author(s): Roberts, Mark ; Bougna, Theophile ; Melecky, Martin ; Xu, Yan

    Transport corridors can generate wider economic benefits and costs through their effects on a potentially diverse set of development outcomes, such as economic growth, poverty, jobs, equity, environmental quality, and economic resilience. To advance understanding of how corridors could generate wider economic benefits, this paper undertakes a...

  • Report  |   2018

    Wider Economic Benefits of Investments in Transport Corridors and the Role of Complementary Policies

    Author(s): Melecky, Martin ; Sharma, Siddharth ; Subhash, Hari

    This paper estimates the impact of the Golden Quadrilateral and North-South-East-West Highways in India on welfare, social inclusion, and environmental quality. The analysis uses district-level data for 1994-2011 and the difference-in-difference method. The results suggest that the highways shifted employment from the farm to the nonfarm sector,...

  • Policy Brief  |   2009

    Ashta Hydropower: Turning a Doubtful Concept into a Technological Trailblazer

    Author(s): Sobek, Martin

    International Finance Corporation (IFC) played a key role in helping the Republic of Albania structure and implements it first large public-private partnership (PPP) transaction in the energy sector, which brought a strong and reliable international investor into the country. Verbund, Austria's largest electricity company won a 35-year...

  • Report  |   2009

    IFC Advisory Services in Public-Private Partnerships: Lessons from Our Work in Infrastructure, Health and Education

    Author(s): Amoako, Brigid ; Bea, Sylvestre ; Beloe, William Trant ; Cariaga, Arturo Doria ; Faustino Coelho, Carla M. N. ; Fernando-Pacua, Marianna Alfa ; Ferozie, Muneer A. ; Flores, Juan-Luis ; Gupta, Neeraj ; Hodges, John T. ; Leroy-Themeze, Claude M.L. ; Mehra, Neha ; Morley, James ; O'Farrell, Catherine C. ; Onoka, Jane ; Prevost, Christophe ; Progri, Ariana ; Sevilla, Jed A. ; Sobek, Martin ; Taylor, Robert

    This IFC SmartBook is a compilation of twelve IFC SmartLessons published between February and November and 2009 that focuses on the topic of conflict-affected countries. IFC Advisory Services in Public-Private Partnerships helps governments implement public-private partnership transactions and expand private-sector participation to increase the...

  • Report  |   2015

    Firm Productivity and Infrastructure Costs in East Africa

    Author(s): Iimi, Atsushi ; Humphrey, Richard Martin ; Melibaeva, Sevara

    Infrastructure is an important constraint in many African countries. Using firm-level data for East Africa, this Study re-examines the relationship between firm performance and impact of infrastructure. It is shown that labor costs are by far the most important to stimulate firm production. Among the infrastructure sectors, electricity costs have...

  • Report  |   2014

    Gobitec and the Asian Supergrid for Renewable Energy Sources in Northeast Asia

    Author(s): Mano, Shuta ; Ovgor, Bavuudorj ; Samadov, Zafar ; Pudlik, Martin ; Jülch, Verena ; Sokolov, Dmitry ; Yoon, Jae Young

    The Gobitec concept represents the idea of producing clean energy from renewable energy sources in the Gobi Desert and delivering the produced energy to high-demand regions. It is planned to transmit this energy via the planned Asian Supergrid (ASG), which would connect Russia, Mongolia, China, South Korea and Japan. The overall potential of...

  • Report  |   2006

    Economic Cooperation in the Wider Central Asia Region

    Author(s): Byrd, William ; Raiser, Martin

    This paper lays out the big issues that affect regional cooperation and development in the wider Central Asia region, and analyzes in greater detail areas where there appear to be good prospects for progress in the short run. The paper develops a framework for approaching regional cooperation in the wider Central Asia region, based on identifying...

  • Report  |   2013

    Guidelines for Mainstreaming Road Safety in Regional Trade Road Corridors

    Author(s): Breen, Jeanne M. ; Humphreys, Richard Martin ; Melibaeva, Sevara

    The global crisis of road traffic injury is escalating in low-income and middle income countries to devastating effect; with road traffic crashes a leading cause of death. The World Health Organization (WHO) estimates that 1.24 million people were killed on the world's roads in 2010 and between 20-50 million more suffer non-fatal injuries...

  • Report  |   2010

    Enhancing Regional Integration of Landlocked Developing Countries in North and Central Asia Through Infrastructure Connectivity

    Author(s): Handjiski, Borko ; Lucas, Robert ; Martin, Philip ; Guerin, Selen Sarisoy

    Countries of the Southeast Europe (SEE) region have witnessed significant economic improvement since the beginning of their transition to market economies in the early 1990s. Growth has been particularly strong in the past six years, but still lower than in other fast growing countries in the East Asia and Baltic regions, or some of the other new...

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