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Valuation approaches include cost-based, revealed preference, stated preference, and benefit transfer.
Though a state-owned enterprise, Incheon International Airport is run like a private business, earning enough money to fund its expansion.
Seoul established a quasi-public bus system, restructured routes, created median lanes, built transfer centers, and integrated its fare system to improve service.
The Republic of Korea improved mass transit efficiency through the integration of transport nodes, fare systems, and information services.
The new constitution of Nepal has introduced a three-tier structure of federal government (federal, province, and local) and all three levels have the constitutional power to enact laws, prepare budgets, and mobilize their own resources.
Policies should encourage private sector participation in building long-term patient capital to support innovative start-ups.
How local governments in the Philippines are successfully forging multi-million dollar public-private partnership deals.
A project in the Republic of Korea formed small firms into training consortiums to enhance their workers’ skills and improve overall productivity.
PFM in sustainable development requires strengthening efforts to be inclusive and tailored to local context.
Creating an enabling environment for financial technology and innovation and building public trust are key to encouraging more people to bank.