Northeast India can get private firms to fund roads with the promise of spillover effectsADBI Dean

Published: Sept. 17, 2017, 10:43 p.m.

b"Spillovers are the additional economic activities created by new infrastructure. A new highway will often attract new businesses and create jobs. As a result, governments will receive more revenue from property taxes, corporate taxes, income taxes, and sales taxes. So, to attract private companies with higher returns, governments need to share those future tax revenues with investors. ADBI Dean Naoyuki Yoshino explains further in this episode.\\n\\nRead the transcript\\nhttp://bit.ly/2wfswGN\\n\\nAbout Naoyuki Yoshino\\nhttps://www.adb.org/adbi/about/dean \\n\\nKnow more about ADBI\\u2019s work on spillover effects\\nhttp://bit.ly/2vVF81w\\n\\nWatch Let's Build a Highway\\nhttp://bit.ly/2eZaTQM"