A

accountability. See transparency and accountability

accounting standards, 201-2, 202b

Acemoglu, Daron, 97n8

ADBSee Asian Development Bank

Adejumo, Adebowale O., 67n2

Africa, determinants of PPPs in, 140-42,

141t. See also specific countries

Ahn, Sungyoon, 115, 116, 125

Akash Deep, 1

Alano, Emmanuel, 15

Allport, Roger, 54-55

Andres, Luis, 170, 185

Araya, Gonzalo, 170, 185

arbitration, 48, 206-8, 207t, 249-51

Arellano, Manuel, 147-48, 151n4

Arroyo, Gloria Macapagal, 250

Asante, Yaw, 142

Aschauer, David, 18

ASEANSee Association of Southeast Asian Nations

ASEAN Plus Three, 151n7

Asia and Pacific region. See also specific countries and regions

competitiveness index rating, 257, 257f

emergence of infrastructure PPPs, 16-17, 16-17f

failed PPP projects, 48-49, 48-50f

hazard ratio compared globally, 64, 64-65t

infrastructure investment gap, 15

infrastructure investments (2015), 6

labor movements from low- to high- productivity sectors, 32

PPP environment, 287

PPP process, 5

PPP project performance, global comparison, 34

PPP projects, global percentage of, 3

project survival probability, 58-59, 59-60f, 61-62t, 66

rate of PPP participation, 17, 17f

sovereign risks, 5

spending requirements to maintain growth, 6

trends and distribution of PPPs, 4

Asian Bond Markets Initiative, 151, 151n7

Asian Development Bank (ADB)

Asian Bond Markets Initiative, 151, 151n7

borrowing members, risk

classification of, 167-70, 168f, 169t184n3

credit-enhancement tools of, 174, 175on impact of PPPs on economic growth, 193

Independent Evaluation Department

survey on risk perceptions, 168, 168t, 184n2

infrastructure gap in Asia, 15

political risk insurance from, 273

Project Development and Monitoring Fund (PDMF), 306

Public-Private Partnerships defined by, 2

on success factors for PPPs, 52

tariff reform and, 247

on value-for-money, 198

on welfare benefits of infrastructure, 197

Asian financial crisis (1997)

decline in infrastructure investments during, 191

inflation during, 55

mismatch in maturity and currency during, 150

PPP promotion following, 215, 225

tariff increases resulting from, 249

Asia-Pacific Economic Cooperation, 209

Association of Southeast Asian Nations (ASEAN), 255, 275

Australia

Agency for International

Development, 306

infrastructure and institution scores in, 257f

PPP market maturity in, 53, 94