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.

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About Naoyuki Yoshino

https://www.adb.org/adbi/about/dean

Know more about ADBI’s work on spillover effects

http://bit.ly/2vVF81w

Watch Let's Build a Highway

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