APL (Ajiken Power Lunch)

APL (Ajiken Power Lunch) is a lunchtime workshop open to public, including IDE staffs, visiting research fellows, IDEAS students, outside researchers and graduate students. This workshop provides a platform for presentation of any work in progress where we can discuss in either English or Japanese.

Those who would attend a seminar are asked to announce yourself to receptionists on your arrival at the IDE and to obtain APL Organizers' signature on your admission card after the seminar.

May 20, 2015. (Wednesday) 12：30-14：00

Institute of Developing Economies, Japan External Trade Organization C23 Meeting Room 　

'From Global Savings Glut to Financing Infrastructure: The Advent of Investment Platforms' (with Rabah Arezki, Patrick Bolton, Frederic Samama, and Joseph Stiglitz)　

This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment platforms” are an attempt to tap into the pool of both public and private long-term savings in order to channel the latter into much needed infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience with public private partnerships in infrastructure. It concludes by identifying the main challenges policy makers and other actors will need to confront going forward and to turn infrastructure into an asset class of its own.

Dr. Sanjay Peters (Senior Research Fellow at the Center for Global Economic Governance at Columbia University/Associate Professor of the Department of International Economics and Management at Copenhagen Business School)

Tomohiro MACHIKITA

English