Asia's Developing Future
Asia's Developing Future
Asian Development Bank Institute
Northeast India can get private firms to fund roads with the promise of spillover effects—ADBI Dean
4 minutes Posted Sep 17, 2017 at 10:43 pm.
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Show notes
Spillovers are the additional economic activities created by new infrastructure. A new highway will often attract new businesses and create jobs. As a result, governments will receive more revenue from property taxes, corporate taxes, income taxes, and sales taxes. So, to attract private companies with higher returns, governments need to share those future tax revenues with investors. ADBI Dean Naoyuki Yoshino explains further in this episode.
Read the transcript
http://bit.ly/2wfswGN
About Naoyuki Yoshino
https://www.adb.org/adbi/about/dean
Know more about ADBI’s work on spillover effects
http://bit.ly/2vVF81w
Watch Let's Build a Highway
http://bit.ly/2eZaTQM