Title

Infrastructure for economic growth and development: The financing gap

Date of this Version

2009

Document Type

Book Chapter

Publication Details

Interim status: Citation only.

Regan, M. (2009). Infrastructure for economic growth and development: The financing gap. In L. Pike (Ed.), Commonwealth ministers reference book 2009 (pp. 137-140). London, UK: Henley Media Group Limited.

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© Text copyright Commonwealth Secretariat 2009, or as otherwise stated. © Volume copyright Henley Media Group Limited.

ISBN

978-0-9554408-9-2

Abstract

Extract:
Infrastructure is one of the most important tools for accelerating economic development in developing and transition economies. However, the benefits are not always uniform across nations; the results vary significantly between industries, and improved social returns from additional investment have more to do with the procurement method and operational efficiencies than the amount of money that is employed. This article provides a review of the role that infrastructure plays in strengthening economic development and poverty reduction and reducing trade costs to support improved regional cooperation and integration in Commonwealth countries.

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This document has been peer reviewed.