長崎大学経済学部

研究活動

Abstract:
In each country of the Asia-Pacific Region infrastructure investment has failed to keep pace with requirements of expanding economies. The expansion of infrastructure is now a pre-condition to further growth. The question of how best to finance infrastructure requirements is being addressed by such governments in a broader policy framework of liberalization, which contemplates a more limited public sector role and the encouragement of private sector led development. But international commercial banks still have a rather cautious appetite for financing such infrastructure projects and are particularly concerned about sovereign risks.