1. Infrastructure in a Changing World: Trends and Challenges
- Author:
- Carlo Secchi and Alberto Belladonna
- Publication Date:
- 06-2020
- Content Type:
- Working Paper
- Institution:
- Italian Institute for International Political Studies (ISPI)
- Abstract:
- In a world on the brink of a global recession caused by COVID-19, the Infrastructure efforts of today and tomorrow are more crucial than ever. They are an indispensable countercyclical tool to mitigate the negative effects of the economic paralysis. But they also constitute a pivotal component of a country’s development and competitiveness in the long term. That is why infrastructure will continue to play a critical role even when the pandemic crisis has been tamed. Rapid demographic growth, increasing urbanization, especially in developing countries, coupled with the mounting climate change are challenges that won’t disappear with the virus. These significant challenges will come with equally difficult questions. How to cope with these long-term trends? How to finance the increasing need of infrastructure? Which major international actors will take the lead? And finally, what role will technology play in shaping the future of infrastructure efforts?
- Topic:
- Development, Infrastructure, Strategic Competition, COVID-19, and Recession
- Political Geography:
- Global Focus