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Infrastructure development : Economic development strategy

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Frame of Image wer stations, roads and bridges, telephone lines, canals, and water mains. Developing countries invest $200 billion a year in new infrastructure, 4% of their national output and a 1/5 of their total investment. The result has been a dramatic increase in infrastructure services. During the past 15 years, the share of households with access to clean water has increased by half, and power production and telephone lines per capita has doubled.
However, one billion people in the developing world still lack access to clean water, and nearly 2 billion lack adequate sanitation. Electric power has yet to reach 2 billion people. On top of this, population growth and urbanization are increasing the demand for infrastructure.”
--The World Bank -3
Infrastructure for Economic Development
Agent for Economic Development - The development of infrastructure networks is intimately connected with the process of economic growth. - Transport infrastructure plays a pivotal role in facilitating the integration of the global economy. - Internet is becoming increasingly important in facilitating trade between developing and industrialized countries. - As a critical agent of growth, infrastructure helps to create the macro-economic conditions for poverty reduction.
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CONTENT
II. Infrastructure Project
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INFRASTRUCTURE PROJECT
Infrastructure Project
The New Institutional Paradigm
 As of 1990, in almost every country in the world, infrastructure services were provided by monopoly state-owned enterprises


Full Text
Title Infrastructure development
Similar Titles
Sub Title

Economic development strategy

Material Type Proceedings
Author(English)

Oh, Byungho

Author(Korean)

오병호

Publisher

[Seoul]:KDI School

Date 2012-11
Pages 69
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding KDI School