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Unlocking Business Potential: Infrastructure Needs for Corporations around the World |
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| รหัสดีโอไอ | |
| Creator | Carlos Mulas-Granados, Ryan Espiritu |
| Title | Unlocking Business Potential: Infrastructure Needs for Corporations around the World |
| Publisher | Stamford International University |
| Publication Year | 2557 |
| Journal Title | ASEAN Journal of Management & Innovation |
| Journal Vol. | 1 |
| Journal No. | 2 |
| Page no. | 26-40 |
| Keyword | business potential, infrastructures, public investment, public private partnerships (PPP) |
| ISSN | 2351-0112 |
| Abstract | This article looks at four related questions: How much infrastructure investment is needed to maintain current capital stocks? What is the quality of existing infrastructure? What type of infrastructure is required by the business community? And what role could the private sector play in financing it? We use official government data and survey data from private companies to answer these questions, covering most countries of the world. The main conclusion is that an infrastructure investment push is needed to maintain the deteriorating stock of capital. This is particularly true for many emerging and low-income countries, including those in the ASEAN region. The effort should be concentrated in improving transport and energy infrastructures, since these are crucially affecting the capacity of companies to innovate and expand their activities. While current public budget constraints make it difficult to rely solely on public sector initiative, the private sector seems ready to collaborate in that effort, which generates a renovated interest in public-private partnerships. |
