Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Andres, Luis
dc.contributor.author
Biller, Dan
dc.contributor.author
Herrera Dappe, Matias
dc.date.accessioned
2014-10-01T18:54:22Z
dc.date.available
2014-10-01T18:54:22Z
dc.date.issued
2014-09
dc.date.lastModified
2017-12-14T05:33:40Z
dc.description.abstract
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.
en
dc.identifier
http://documents.worldbank.org/curated/en/2014/09/20210647/infrastructure-gap-south-asia-infrastructure-needs-prioritization-financing
dc.identifier.uri
http://hdl.handle.net/10986/20327
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank Group, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 7032
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTING
dc.subject
AGGLOMERATION
dc.subject
AGGLOMERATION EFFECTS
dc.subject
AGRICULTURE
dc.subject
AIRPORTS
dc.subject
BARRIERS TO ENTRY
dc.subject
BENCHMARK
dc.subject
BENCHMARKING
dc.subject
BOTTLENECKS
dc.subject
BRIDGE
dc.subject
CLIMATE CHANGE
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPETITIVE ADVANTAGES
dc.subject
CONCESSION
dc.subject
CONCESSION PROJECTS
dc.subject
CONCESSIONS
dc.subject
CONSUMER WELFARE
dc.subject
CONSUMPTION INCREASES
dc.subject
CONTRACTUAL ARRANGEMENTS
dc.subject
COST RECOVERY
dc.subject
COST-BENEFIT ANALYSIS
dc.subject
DECENTRALIZATION
dc.subject
DECISION MAKING
dc.subject
DEFICITS
dc.subject
DEMAND FOR INFRASTRUCTURE INVESTMENT
dc.subject
DEREGULATION
dc.subject
DEVELOPMENT POLICY
dc.subject
DIESEL
dc.subject
DISTRIBUTION GRID
dc.subject
DIVESTITURE
dc.subject
DONOR AGENCIES
dc.subject
DRIVING
dc.subject
ECONOMETRIC MODELS
dc.subject
ECONOMIC BENEFITS
dc.subject
ECONOMIC CHARACTERISTICS
dc.subject
ECONOMIC DIMENSION
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC GROWTH RATES
dc.subject
ECONOMIC LOSS
dc.subject
ECONOMIC MODELS
dc.subject
ECONOMIC SECTORS
dc.subject
ECONOMIC STRUCTURE
dc.subject
ECONOMICS
dc.subject
ECONOMIES OF SCALE
dc.subject
EFFICIENCY OF INFRASTRUCTURE
dc.subject
ELASTICITY
dc.subject
ELECTRICITY
dc.subject
ELECTRICITY DISTRIBUTION
dc.subject
ELECTRICITY GENERATION
dc.subject
ELECTRICITY SECTOR
dc.subject
ELECTRICITY SUPPLY
dc.subject
ENTRY BARRIERS
dc.subject
EXTERNALITIES
dc.subject
FINANCIAL BURDEN
dc.subject
FINANCIAL CLOSURE
dc.subject
FINANCIAL OPTIONS
dc.subject
FOSSIL FUELS
dc.subject
FREIGHT
dc.subject
FREIGHT TRANSPORT
dc.subject
GASOLINE
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROWTH MODEL
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
HIGHWAY
dc.subject
HUMAN CAPITAL
dc.subject
INCOME
dc.subject
INCREASING RETURNS
dc.subject
INCREASING RETURNS TO SCALE
dc.subject
INFRASTRUCTURE ASSETS
dc.subject
INFRASTRUCTURE DEVELOPMENT
dc.subject
INFRASTRUCTURE INVESTMENT
dc.subject
INFRASTRUCTURE INVESTMENT PROJECTS
dc.subject
INFRASTRUCTURE INVESTMENTS
dc.subject
INFRASTRUCTURE PERFORMANCE
dc.subject
INFRASTRUCTURE PERFORMANCE INDICATORS
dc.subject
INFRASTRUCTURE PROJECTS
dc.subject
INFRASTRUCTURE PROVISION
dc.subject
INFRASTRUCTURE SECTOR
dc.subject
INFRASTRUCTURE SERVICES
dc.subject
INFRASTRUCTURES
dc.subject
INTERNATIONAL ENERGY
dc.subject
INTERNATIONAL TRADE
dc.subject
INTERSTATE TRANSPORT
dc.subject
INVESTMENT CLIMATE
dc.subject
INVESTMENT COSTS
dc.subject
INVESTMENT REQUIREMENTS
dc.subject
INVESTMENT TARGETS
dc.subject
JOINT VENTURE
dc.subject
LEASE CONTRACT
dc.subject
LOCAL GOVERNMENTS
dc.subject
MAINTENANCE COSTS
dc.subject
MAINTENANCE OF INFRASTRUCTURE
dc.subject
MARKET ACCESS
dc.subject
MOBILITY
dc.subject
MOTOR VEHICLES
dc.subject
NATIONAL GOVERNMENTS
dc.subject
NATIONAL TRANSPORT
dc.subject
NATURAL MONOPOLY
dc.subject
NATURAL RESOURCES
dc.subject
NEGATIVE EXTERNALITIES
dc.subject
NETWORK EXTERNALITIES
dc.subject
NETWORK PLANNING
dc.subject
OPEN ACCESS
dc.subject
ORGANIZATIONAL FORM
dc.subject
ORGANIZATIONAL STRUCTURE
dc.subject
OUTSOURCING
dc.subject
PARTIAL DIVESTITURE
dc.subject
POLITICAL ECONOMY
dc.subject
POLLUTION
dc.subject
POOR HOUSEHOLDS
dc.subject
PORT AUTHORITY
dc.subject
POWER
dc.subject
POWER DISTRIBUTION
dc.subject
POWER PLANTS
dc.subject
POWER SECTOR
dc.subject
PRICE REGULATION
dc.subject
PRIVATE OPERATORS
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTOR INVESTMENT
dc.subject
PRIVATE SECTOR INVESTMENTS
dc.subject
PRIVATE SECTOR PARTICIPATION
dc.subject
PRIVATE VEHICLE
dc.subject
PRIVATIZATION
dc.subject
PUBLIC
dc.subject
PUBLIC CONTRACTS
dc.subject
PUBLIC FUNDS
dc.subject
PUBLIC GOODS
dc.subject
PUBLIC INFRASTRUCTURE
dc.subject
PUBLIC INVESTMENT
dc.subject
PUBLIC INVESTMENTS
dc.subject
PUBLIC RESOURCES
dc.subject
PUBLIC SAFETY
dc.subject
PUBLIC SECTOR
dc.subject
PUBLIC SECTOR INVESTMENT
dc.subject
PUBLIC SPENDING
dc.subject
PUBLIC TRANSPORT
dc.subject
PUBLIC UTILITIES
dc.subject
RAIL
dc.subject
RAIL NETWORK
dc.subject
RAILWAYS
dc.subject
REGIONAL INFRASTRUCTURE
dc.subject
REGULATORY FRAMEWORK
dc.subject
RENTS
dc.subject
RETURNS TO SCALE
dc.subject
ROAD
dc.subject
ROAD NETWORK
dc.subject
ROAD NETWORKS
dc.subject
ROAD SECTOR
dc.subject
ROADS
dc.subject
SAFE WATER SUPPLY
dc.subject
SALES TAXES
dc.subject
SANITATION
dc.subject
SANITATION INFRASTRUCTURE
dc.subject
SERVICE PROVIDERS
dc.subject
SHADOW TOLLS
dc.subject
SLUMS
dc.subject
SOCIAL WELFARE
dc.subject
SOLID WASTE COLLECTION
dc.subject
STATE HIGHWAYS
dc.subject
STOCKS
dc.subject
STRUCTURAL CHANGE
dc.subject
TAX
dc.subject
TAX REVENUES
dc.subject
TELECOMMUNICATIONS
dc.subject
TERMINAL OPERATORS
dc.subject
TOLLS
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TRANSFER OF OWNERSHIP
dc.subject
TRANSMISSION LINES
dc.subject
TRANSPORT
dc.subject
TRANSPORT ACCESS
dc.subject
TRANSPORT INFRASTRUCTURE
dc.subject
TRANSPORT INVESTMENT
dc.subject
TRANSPORT INVESTMENTS
dc.subject
TRANSPORT SECTOR
dc.subject
TRANSPORT SERVICES
dc.subject
TRANSPORTATION
dc.subject
TRANSPORTATION INFRASTRUCTURE
dc.subject
TRANSPORTATION NETWORKS
dc.subject
TRANSPORTATION SYSTEM
dc.subject
URBAN HIGHWAY
dc.subject
URBAN POVERTY
dc.subject
URBAN SPRAWL
dc.subject
URBANIZATION
dc.subject
USER CHARGES
dc.subject
VALUATION
dc.subject
WATER SERVICES
dc.subject
WEALTH
dc.title
Infrastructure Gap in South Asia : Infrastructure Needs, Prioritization, and Financing
en
okr.date.disclosure
2014-09-01
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2014/09/20210647/infrastructure-gap-south-asia-infrastructure-needs-prioritization-financing
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Transport and ICT
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-7032
okr.identifier.externaldocumentum
000158349_20140916083708
okr.identifier.internaldocumentum
20210647
okr.identifier.report
WPS7032
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/09/16/000158349_20140916083708/Rendered/PDF/WPS7032.pdf
en
okr.region.administrative
South Asia
okr.region.geographical
South Asia
okr.topic
Transport Economics Policy and Planning
okr.topic
Infrastructure Economics and Finance :: Infrastructure Economics
okr.topic
Economic Theory and Research
okr.topic
Finance and Financial Sector Development :: Non Bank Financial Institutions
okr.topic
Public Sector Economics
okr.topic
Macroeconomics and Economic Growth
okr.topic
Transport
okr.topic
Public Sector Development
okr.unit
Sustainable Development Department, South Asia Region
okr.volume
1 of 1

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