Infrastructure development is critical to delivering growth, reducing poverty and addressing broader development goals, as argued in the World Bank Report Transformation through Infrastructure (2012). This paper surveys the literature of the linkages between infrastructure investment and economic growth, discusses the role of infrastructure in the participation of global value chains and in supporting economic upgrades, highlights the challenges faced the least developed countries and provides policy recommendations. It suggests that addressing the bottlenecks in infrastructure is a necessary condition to provide a window of opportunity for an economy to develop following its comparative advantage. With the right conditions, good infrastructure can support an economy, particularly a less developed economy, to reap the benefit through the participation in the global value chains to upgrade the economic structure.

Infrastructure development is critical for sustaining Asia’s economic growth. Unfortunately, huge financing gaps—estimated by a recent Asian Development Bank study to be USD22.5 trillion—constrain the ability of most emerging Asian countries to fully realize the benefits of infrastructure development. For instance, over 70% of infrastructure investments in Asia are still funded by public resources, which pose acute financing challenges for many countries with limited budgets and fiscal constraints. This paper discusses some of the challenges associated with public financing of infrastructure projects in emerging Asian countries, before introducing some new options for alleviating their infrastructure investment needs. In particular, it proposes a new approach to infrastructure financing by utilizing the spillover effects of infrastructure investment, where additional revenues generated from such investment can be channeled back to investors as subsidy to increase the returns to their investment. The paper also argues the need for Asian countries to implement fiscal reforms and to develop a more balanced approach to financing, one that involves both the private and public sector. 

Metamaterial perfect absorber is very important in the study of refractive index sensor. The time domain finite difference method is used to simulate the surface plasmon structure. The double nanorod periodic structure is designed, and the parameters of the top layer structure are optimized according to the impedance matching principle, and the absorption rate of the structure to the light wave reaches 99.6% when the wavelength is about 12 mm. The absorption spectroscopy of the structure is studied with the change of the refractive index of the spatial medium around the structure, and the sensitivity of the double nanorod structure is 4,008 nm/RIU, which can be used to measure the refractive index of the gas.

Objective: To study the growth, accumulation and soil nutrient content of each overseeded species under different interharvesting intensity treatments of Eucalyptus, and to explore the best re-cultivation method suitable for mixed overseeded species after Eucalyptus interharvesting. Methods: In Guangxi state-owned Qipo forest, Eucalyptus tailorii with different planting densities (DH32-29) were mixed with Castanopsis hystrix, Mytilaria laosensis and Michelia macclurei, and four different treatments (CK, LT, MT and HT) were established for re-cultivation of Eucalyptus near-mature forests with different logging intensities, and the differences in growth conditions and soil physicochemical properties of each species were analyzed. Results: (1) As the proportion of Eucalyptus allocation decreased, the growth of Eucalyptus diameter at breast height, tree height and individual wood volume could be promoted; the growth of the three parameters of HT and MT Eucalyptus were significantly different from LT and CK. (2) The average wood volume per plant of the set species in the CK and LT treatments was Mytilaria laosensis > Michelia macclurei > Castanopsis hystrix, while in the MT and HT treatments it was Mytilaria laosensis > Castanopsis hystrix > Michelia macclurei. (3) The differences in soil aeration, total saturated water holding capacity, capillary water holding capacity, and field water holding capacity in soil layers of different depth varied. In the same soil layer, soil aeration, total porosity and capillary porosity were HT > CK > LT > MT; saturated water holding capacity and capillary water holding capacity were HT > CK > LT > MT, while field water holding capacity was CK > HT > LT > MT. (4) Organic matter, pH, total nitrogen, total phosphorus, total potassium, fast-acting nitrogen, fast-acting phosphorus, and fast-acting potassium changed with varying soil depth in each treatment.

It has become commonplace to describe publicly provided infrastructure as being in a sorry state and to advance public-private partnership as a possible remedy. This essay adopts a skeptical but not a cynical posture toward those claims. The paper starts by reviewing the comparative properties of markets and politics within a theory of budgeting where the options are construction and maintenance. This analytical point of departure explains how incongruities between political and market action can favor construction over maintenance. In short, political entities can engage in an implicit form of public debt by reducing maintenance spending to support other budgetary items. This implicit form of public debt does not manifest in higher interest rates but rather manifests in crumbling bridges and other infrastructure due to the transfer of maintenance into other budgetary activities.

A novel composite material based on polymers (polyvinyl alcohol, polyvinyl butyral) and liquid crystal (4-n-pentyl-4’-cyanobiphenyl) has been developed and studied. Configuration transformations of point defects in nematic droplets under the influence of an electric field, caused by localized changes in the concentration of NLC within the polymer matrix, have been discovered and analyzed. The boundary conditions necessary for achieving a nematic structure with homogeneous alignment of the director both within the droplet and at its surface have been established, optimizing the anisotropy of light transmission in polymer-dispersed liquid crystal (PDLC) films. Additionally, polarization effects inside nematic droplets under the application of an electric field have been identified.