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
Opinion
Opinion
Macroscope
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’
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