ADBI has published a new set of policy proposals detailing ways to ensure infrastructure growth that drives economic and social development while overcoming limitations in public funding, against the backdrop of increasing demands on government revenue due to the COVID-19 pandemic. Building the Future of Quality Instructure offers guidance for promoting sustainable, private sector supported infrastructure financing, as well as addressing climate change vulnerabilities and the preservation of natural capital in infrastructure development. The recommendations are based on research conducted by ADBI and other think tank experts as part of the Think20 Japan (T20) process.
Experts discussed innovative schemes to unlock private investment in sustainable infrastructure in Asia during an ADBI-CAREC Institute-hosted video conference with the Asian Development Bank and Government of Uzbekistan on 25 March. ADBI Dean Naoyuki Yoshino addressed the use of spillover tax revenues from infrastructure development to attract institutional investor participation in new projects. CAREC Institute Deputy Director Iskandar Abdullaev and other Central Asian researchers joined Dean Yoshino in sharing financing case studies. Particular focus was on rail and water infrastructure growth and how it can enhance sustainable development in the region.
ADBI has released a new E-Learning course offering experts and general learners insights on boosting access to affordable, secure, and sustainable energy in Asia, amid collapsing oil prices and COVID-19 uncertainty. “Energy Economics, Environment and Policy” is led by Tokai University's Farhad Taghizadeh-Hesary and explores key factors affecting energy pricing, the macroeconomic impact of energy price fluctuations, Asian energy security, and policy options for improving renewable energy development and financing. The course uses local, national, and global case studies to highlight timely policy lessons.
ADBI Advisory Council members exchanged views on strategy and new development policy research needs due to the novel coronavirus during a video conference with ADBI management in Tokyo on 19 March. They together assessed the progress of ADBI research and capacity building over the past year, as well as the Institute’s onward work program, taking into account the unfolding health, social, and economic effects of the COVID-19 crisis across Asian Development Bank developing member countries. The Advisory Council also congratulated outgoing ADBI Dean Naoyuki Yoshino for his outstanding achievements during his six years of service.
Renowned scholar in development economics, Tetsushi Sonobe, joined ADBI as Dean and CEO on 1 April. Prior to joining ADBI, he served as Vice President of the National Graduate Institute for Policy Studies in Tokyo. Dean Sonobe’s research specialties include industrial development and poverty reduction in developing countries. He has more than 20 years’ experience analyzing the role of human capital, institutions, and management in industrial development in Asia and other regions. He conducted his research using micro-level surveys and experiments known as randomized controlled trials.
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Building the Future of Quality Infrastructure
Infrastructure is crucial for fostering countries’ economic development and prosperity.
Handbook on High-Speed Rail and Quality of Life
Asia needs high-quality infrastructure development projects, such as high-speed rail, to drive economic growth and improve quality of life in the region.
Innovative Approaches for the Management of Labor Migration in Asia
The biggest driver of migration flows in Asia is the search for greater job opportunities and better income.
- Building the Future of Quality Infrastructure
- Linda Arthur, Senior Capacity Building and Training Specialist on Policy Maker Engagement
- Dina Azhgaliyeva, Research Fellow on Igniting Green Growth
- Derek Hondo, Research Associate on Disseminating Policy Lessons
- Handbook on High-Speed Rail and Quality of Life
- Trade Adjustment in Asia: Past Experiences and Lessons Learned
- Book authors dispel doubts about services growth potential in Factory Asia
- How blockchain could revolutionize green finance in Asia
- How will the novel coronavirus impact the trajectory of Asian high-speed rail?
- Asia’s think tank outlook in an age of shocks
- T20 lessons for translating policy ideas into global action
- Investors need “green” definitions to choose sustainable finance