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Evening Talk

Long-Term Infrastructure Investment in Asia: Three Generations Under One Roof

The talk focuses on why infrastructure investment using long-term Asian savings is a potentially very powerful idea to address a number of the shortcomings of the East and South East Asian development models, in particular the issues facing future retirees in terms of investment products that can protect their wealth and generate long-term income. It also discusses why this idea is unlikely to be fully implemented, if at all, if important regulatory steps are not taken by prudential and financial regulators and above all by governments when they procure new infrastructure projects. In the end, the burden will fall on the next generation which will not have sufficient infrastructure at its disposal to support labour productivity growth, while it also shoulders the burden of a large intergenerational debt. Yet, in true Asian fashion, solving the quandary of long-term infrastructure investment would allow three generations to truly share the same roof.
Seminar Room 3-1,
Manasseh Meyer,
Lee Kuan Yew School of Public Policy,
469E Bukit Timah Road,
Singapore 259772
Fri 3 June 2016
05:05 PM - 06:30 PM

Dr. Frederic Blanc-Brude

Dr. Frederic Blanc-Brude

Director, EDHEC Asia Pacific

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Dr. Tomoo Kikuchi

Dr. Tomoo Kikuchi

Senior Research Fellow, Lee Kuan Yew School of Public Policy