A bridge construction site in the central Henan Province. If the plan succeeds it might be applied to the financing of China’s Belt and Road Initiative as well. Photo: Xinhua
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Could promise of ‘spillover’ revenue make infrastructure investment more attractive for private sector?

  • Idea devised by Asian Development Bank Institute dean attracts attention of OECD, Financial Stability Board in London
  • ADBI estimates returning part of additional tax revenue from spillovers could raise return on infrastructure investment by up to 43 per cent in Japan’

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A bridge construction site in the central Henan Province. If the plan succeeds it might be applied to the financing of China’s Belt and Road Initiative as well. Photo: Xinhua
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