BROADCASTS.com

b'The idea of sharing future tax revenues with private investors is being promoted by the Asian Development Bank Institute\\u2014the ADBI\\u2014in Tokyo to help finance the region\\u2019s huge demand for infrastructure. But Naoyuki Yoshino, the dean of the institute, warns that future revenues need to be sustained for such financing to succeed in the longer term.\\n\\nJapanese private railway companies played a major role in expanding the country\\u2019s transport sector in the 20th century. These companies were much more profitable than Japan National Railways, the public railway operator that was split up into seven private companies three decades ago after incurring massive public debt.\\n\\nRead the transcript\\nhttp://bit.ly/2yV3gCA\\n\\nAbout ADBI dean, Naoyuki Yoshino\\nhttps://www.adb.org/adbi/about/dean\\n\\nWatch an ADBI video about spillover effects\\nhttp://bit.ly/2eZaTQM\\n\\nKnow more about ADBI\\u2019s work on spillover effects\\nhttp://bit.ly/2vVF81w'