Infrastructure
in sentence
4036 examples of Infrastructure in a sentence
Infrastructure
investment would then follow.
They should also devise plans to finance critical
infrastructure
– not high-speed train links to nowhere, but interconnections for the energy systems and communications backbones of the information age.
But such policies are harder to implement in poorer countries, where technological capabilities and
infrastructure
are often lacking.
Amnesty International argues that human rights are more likely to be respected when the legal agreements behind major
infrastructure
projects are known in advance, and it apportions some of the responsibility for the dangers posed in Chad and Cameroon to the World Bank and its private-sector lending arm, the International Finance Corporation.
But resources will be scarce, so they will need to redesign social-spending programs and
infrastructure
projects to maximize efficiency and get more bang for their buck.
Among other things, that fiscal blowout will undermine the government’s ability to invest in education and
infrastructure
for future generations.
Meanwhile, only 15% of private-sector employees – people who presumably rely on government-funded education and
infrastructure
– receive the type of fixed-benefit retirement plan that will cushion Ryan’s retirement, according to the Pension Rights Center.
In exchange for participating in the institution, the Obama administration could and should insist that the AIIB focus on financing
infrastructure
projects that reduce carbon-dioxide emissions and meet the highest environmental standards.
The need for
infrastructure
investment in Asia’s emerging economies is vast.
The choices being made now regarding what kind of
infrastructure
to build – subway systems or roads; green energy or coal power – will have a major impact on the world’s ability to keep climate change in check.
Japan, America’s main Asian ally, issued a competing announcement in May that it would offer $110 billion for “high-quality infrastructure” projects in Asia over the next five years.
To be sure, Western China still needs to be urbanized and modernized, but that market may soon become too small, at least relative to Chinese companies’ formidable ability to deliver
infrastructure
projects.
And governments must do more to facilitate a greater flow of private funds into more sustainable
infrastructure
assets.
In 2014, the AU adopted the Science, Technology, and Innovation Strategy for Africa (STISA) – a roadmap that calls for national and regional governing bodies to increase investment in research infrastructure, education, and other necessary conditions for technological innovation and entrepreneurship.
It will remove trade barriers and boost investment in
infrastructure
so that African countries have the industrial capacity to compete globally.
But the NSS has so far restricted its scope to protecting nuclear
infrastructure
and material from active misuse.
The key to meeting the Millennium Development Goals in poor countries is an increase in investment in people (health, education, nutrition, and family planning), the environment (water and sanitation, soils, forests, and biodiversity), and
infrastructure
(roads, power, and ports).
The best way to measure how far China still has to go is to consider the development of its services sector – the
infrastructure
of consumer demand in an economy.
And yet
infrastructure
has arguably been the forgotten economic issue of the twenty-first century.
Indeed, failure to make the right
infrastructure
investments has impaired many countries’ potential to boost economic growth and employment.
Though the debate about
infrastructure
tends to focus on the need for more money and more creative financing, the real problem is not insufficient investment.
Rather, the built environment is deteriorating as a result of a fragmented approach to
infrastructure
planning, finance, delivery, and operation, which emphasizes cost, asset class, and geographical location.
That is precisely what McKinsey’s Global
Infrastructure
Initiative, which held its second meeting in Rio de Janeiro last month, aims to do, by promoting practical global solutions aimed at raising the productivity and efficiency of every aspect of
infrastructure.
Without such solutions, an estimated $57 trillion of
infrastructure
investment would be needed in 2013-2030, just to keep pace with GDP growth.
That is more than the value of the entire existing stock of
infrastructure.
More productive
infrastructure
could reduce the world’s
infrastructure
bill by 40%, or $1 trillion annually – savings that could boost economic growth by about 3%, or more than $3 trillion, by 2030.
This would facilitate higher
infrastructure
investment, with an increase equivalent to 1% of GDP translating into an additional 3.4 million jobs in India, 1.5 million in the United States, 1.3 million in Brazil, and 700,000 in Indonesia.
A more pragmatic approach to selecting
infrastructure
projects in which to invest – including a systematic evaluation of costs and benefits, based on precise criteria that account for broader economic and social objectives – could save the world $200 billion annually.
South Korea’s Public and Private
Infrastructure
Investment Management Center has reduced
infrastructure
spending by 35%; today, officials reject 46% of the proposed projects they review, compared to 3% previously.
Similarly, the United Kingdom established a cost-review program that identified 40 major projects for prioritization, reformed overall planning processes, and then created a cabinet sub-committee to ensure faster delivery of projects, thereby cutting
infrastructure
spending by 15%.
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