Infrastructure
in sentence
4036 examples of Infrastructure in a sentence
Additional opportunities for savings – to the tune of $400 billion annually – lie in more streamlined delivery of
infrastructure
projects.
Governments could save $400 billion annually simply by increasing the efficiency and productivity of existing
infrastructure.
For example, smart grids could cut power
infrastructure
costs by $2-6 billion annually in the US, while reducing costly outages.
Switzerland’s Department of the Environment, Transport, Energy, and Communications, for example, incorporates national goals, set by the Federal Council, into a unified
infrastructure
strategy that accounts for the needs of specific sectors.
Likewise, Rwanda’s Ministry of
Infrastructure
coordinates the activities of other ministries and public agencies – ensuring that
infrastructure
strategies align with the East African Community’s regional integration plans – and monitors downstream delivery and operations.
Governments must recognize that the private sector can provide more than
infrastructure
financing; it can also offer know-how in the planning, construction, and operation phases.
Infrastructure
increases economies’ competitiveness, while providing the physical framework for people’s lives.
Policymakers’ goal should be to ensure that
infrastructure
realizes its full potential, so that the people who depend on it can realize theirs.
Over the last few decades, the CCP has succeeded in building the hard physical
infrastructure
of a modern state, but the creation of the soft
infrastructure
– institutions and practices consistent with the rule of law and representative government – is only beginning.
They must make the management of their utilities more transparent, strengthen regulations, and increase public spending on energy
infrastructure.
But slow progress is a far less important challenge to growth prospects than the debt overhang in developed economies, or
infrastructure
and educational deficiencies in many developing economies.
Moreover, in countries such as India and Indonesia, investment in
infrastructure
and transportation can reap dividends by connecting more women to productive work opportunities.
The governance challenge stems from the fact that cyberspace is a combination of virtual properties, which defy geographical boundaries, and physical infrastructure, which fall under sovereign jurisdictions.
By destroying the Palestinian Authority's civil and security infrastructure, Israel dealt a severe blow to the PA's ability to deliver services to this "up-for-grabs" population.
Indonesia, for example, trimmed fuel subsidies considerably, when its government realized that, in 2009-2013, more money was spent on them than on
infrastructure
and social-welfare programs combined.
Since 2013, Xi has been rolling out China’s massive “one belt, one road” program, designed to stimulate growth through global connectivity and
infrastructure
investment.
Life expectancy continues to decline; investment in infrastructure, research, and education are stunted; the economy is barely able to compete internationally; and the social divide between poor and rich is deepening.
Simple examples include transport infrastructure, trained engineers, and a labor force proficient in English.
Consider
infrastructure.
The story is similar in Latin America and Asia, where
infrastructure
needs are expected to amount to some 7% of GDP.
Some economists see low business investment, poor skills, outdated infrastructure, or excessive regulation holding back potential growth.
Although economic growth and poverty reduction in many developing countries has been impressive in recent years, a significant increase in investment in areas such as
infrastructure
is required to sustain such growth in the future.
We propose that a very small portion of developing countries’ total foreign-exchange reserves – say, 1% – be channeled to the expansion of existing regional development banks or the creation of new ones that would invest in
infrastructure
and other crucial sectors.
Indeed,
infrastructure
investment is recognized as a key ingredient in sustaining and accelerating growth.
According to the World Bank, developing countries spend an average of 3-4 % of GDP on
infrastructure
every year, compared to an estimated 7% of GDP required to meet existing
infrastructure
needs for maintaining rapid growth.
High expectations for private-sector financing of
infrastructure
have gone largely unmet.
Multilateral financial institutions must maintain their central function in the international development architecture, and in particular in financing
infrastructure
investment.
The growing importance of trade integration and regional trade flows makes the provision of regional
infrastructure
urgent.
Trade integration was initially supported by massive investments in regional infrastructure, financed to an important extent by a large, specifically created institution, the European Investment Bank.
This would imply the ability to finance an important proportion of unmet needs for
infrastructure
financing.
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