Displaying 881 - 890 of 1325

Estimating Direct, Indirect, and Induced Employment from Highway Construction in India

18 March 2020
Highway construction is a major employment generator across the world. Assessing four highway projects located in two distinct provinces, the paper illustrates a methodology to develop estimates of employment generation from highway construction in emerging economies like India.

Assessing the Wider Economic Impacts of Transport Infrastructure Investment with an Illustrative Application to the North-South High-Speed Railway Project in Viet Nam

18 March 2020
The paper aims to propose a mechanism to capture the spillover effects of transport infrastructure by identifying the employment agglomeration impact of transport investments through a measure of the change in effective employment density.

Exploring a Dynamic Relationship between Transportation Strategies and Community Liveability: A Case of Kolkata Urban Agglomeration

18 March 2020
The paper assesses the spatial dimensions by considering the evolution of the conurbation in four phases, and by looking at cumulative causation of the sequence of impacts of maritime, road, rail, air and ITeS communication networks on liveability within the Kolkata Urban Agglomeration in India.

Urban Transportation Systems in Selected Small Developing Island States: A Comparative Analysis

18 March 2020
The paper performs a multi-criteria comparative analysis of urban transportation systems in capital cities of selected Small Island Developing States sharing similar socio-economic characteristics. To identify knowledge gaps and guide the design and evaluation of future transport investments the…

High-Speed Rails and Knowledge Production: A Global Perspective

18 March 2020
This ongoing research aims to develop empirical macro-economic evidence for the effect of high-speed rails (HSRs) on Knowledge Production at an international scale. The objectives are to study associations and test the potential causal relationship between HSR development and the country’s patent…

Assessing the Effectiveness of Banking Sector Nonperforming Loan Resolution Policies and Measures

11 February 2020
Previous financial crises have demonstrated the long-lasting negative impact NPLs can have on financial stability and the economy, as the effects of elevated NPL levels persist beyond crisis periods. Consequently, the identification of policy options to effectively manage and respond to a buildup…

Do Nonperforming Loans Matter for Bank Lending and the Business Cycle in Euro Area Countries?

11 February 2020
This paper estimated the impact of NPLs on bank lending and macroeconomic conditions in twelve euro area countries using a panel Bayesian VAR model. Among the paper’s main findings were that i) an exogenous increase in the change in NPL ratios tends to depress bank lending volumes, widen bank…

Country Case Studies on Resolving Problem Loans in Europe: Crises, Policies and Institutions

11 February 2020
This paper featured European country case studies and drew possible policy lessons for Asia regarding NPL resolution and NPL market development, with a focus on national policy choices in response to the rise in NPLs and excess private debt following the global financial crisis. It also assessed…

Nonperforming Loans in Asia: Determinants & Macrofinancial Linkages

11 February 2020
Asian economies have seen recent rises in nonperforming loans. This paper analyzed the determinants, macrofinancial feedback effects, and implications of NPLs for financial stability. It also examined the determinants and evolution of bank-specific NPLs in Asia and found that macroeconomic…

Country Case Studies on Resolving Problem Loans in Asia: Crises, Policies, Institutions, and Market Development

11 February 2020
This paper featured case studies of NPL reduction frameworks and policies implemented by ASEAN+3 countries during and after the Asian financial crisis. An analysis of country experiences of legal, regulatory, and supervisory framework institutional capacity and corporate debt restructuring reforms…