Infrastructure
in sentence
4036 examples of Infrastructure in a sentence
Cutting them would not only remove perverse incentives; it would also free up money for education, universal health care, and
infrastructure
in rural areas, where it is needed to create income opportunities.
Soviet resources, in terms both of
infrastructure
and ideology, are exhausted.
The East had feared that it could not gain from trade with the West, which had superior
infrastructure
and human capital; now, the West had come to fear that it would lose from trade with the East, which had abundant, cheap labor.
But greater Asian unity may be arising by the backdoor, in the form of new and impressive
infrastructure
links.
Today’s efforts to expand regional
infrastructure
projects are all the more remarkable for linking even countries locked in diplomatic, and sometimes open, conflict.
Then there is the Bay of Bengal, where Chinese
infrastructure
investment is set to transform the backward Myanmar seaside town of Kyaukpyu and the surrounding region by tapping offshore gas fields and constructing a pipeline to Yunnan Province in southern China.
Of course, China is not investing in such
infrastructure
out of altruism.
Japan, not wishing to be left out of the great
infrastructure
game in Myanmar, is investing billions in port reconstruction.
These
infrastructure
investments clearly hold the potential to bind Asia closer together than ever before.
The question is whether Asia’s
infrastructure
investments, particularly those by China, will be used to create Asian satellites of the Middle Kingdom, or become tools to be used among equals.
It will not matter that the
infrastructure
may not have been built solely for that purpose if Asia’s leaders keep their eyes on prosperity, rather than only on power.
Given that the German economy’s output gap remains negative, the government should be implementing expansionary fiscal policy that targets the country’s
infrastructure
weaknesses.
Public
infrastructure
investment can serve as the engine of that growth, boosting both short-term demand and long-term potential output.
In this manner, increased
infrastructure
spending would address the issue of long-term growth, too.
The National People’s Congress has discussed using a portion of China’s foreign-exchange reserves to finance
infrastructure
projects in developing countries.
India, for example, is saving and investing well over 30% of its GDP, devoting a significant share of these resources to
infrastructure.
While market-oriented reforms are necessary, government has a key role to play in providing a social safety net for the poor; maintaining high-quality public services; investing in education, training, health care, infrastructure, and innovation; enforcing competition policies that constrain the power of economic and financial oligopolies; and ensuring genuine equality of opportunity for all.
There were some – Frédéric Bastiat and Jean-Baptiste Say come to mind – who believed that government should put the unemployed to work building
infrastructure
when markets or production were temporarily disrupted.
But only two policies are particularly promising for such a “Pact for America”: federal
infrastructure
spending and corporate-tax reform.
Federal
infrastructure
spending and corporate-tax reform should top the list of policies capable of attracting bipartisan agreement, because they promise significant long-term productivity, income, and employment gains, while also supporting short-term growth.
To that end, an
infrastructure
program should give states and localities a key role in selecting the projects to be funded, and these governmental units should have “skin in the game” by funding part of the costs.
An
infrastructure
program oriented in this way – as opposed to a grab bag of politically expedient shovel-ready projects – should be able to muster conservative support.
And, done properly, federally funded
infrastructure
projects should provide substantial benefits to lower-income Americans.
Better transport infrastructure, for example, would not only create jobs, but would also reduce the costs of commuting to work.
Given their policy objectives, conservatives should support a well-crafted federal
infrastructure
program, and liberals should support corporate-tax reform.
Because the payoffs from
infrastructure
spending and tax reform do not fit neatly within the five-year or ten-year budget window used by America’s fiscal scorekeepers, measuring more completely the benefits from such policies is vital to attracting political support.
Moreover, any increase in spending on
infrastructure
or any revenue loss from tax reform should be offset elsewhere.
Instead, many successful initiatives, built upon existing social infrastructure, solve known health problems and even uncover new issues.
Moreover, these new entrants should have access to the costly data and financial
infrastructure
of traditional health-care systems.
To be sure, the promise of traditional health care will always be compelling as long as technological progress continues to enhance health
infrastructure
and service delivery.
Back
Next
Related words
Investment
Projects
Countries
Public
Growth
Which
Education
Development
Would
Their
Economic
Investments
Other
Spending
Energy
Government
Should
Health
Including
Capital