Infrastructure
in sentence
4036 examples of Infrastructure in a sentence
In particular, it has supported skills upgrading and built critical infrastructure, while avoiding creating unaffordable housing or unnecessary office buildings.
Much of this was due to an export-led industrialization and urbanization strategy that opened up new opportunities in the rapidly expanding cities, where labor, capital, technology, and
infrastructure
came together to form supply capacities for global markets.
Cheap funding and land revenue have led to excess
infrastructure
and industrial capacity without adequate market discipline.
Effective financial markets should also channel far more global saving from high-income countries with relatively weak long-term growth prospects to low-income regions with relatively strong growth prospects, owing to new opportunities to leapfrog development with smart, information-based
infrastructure.
We know that enormous public and private investment is required for the transition toward a low-carbon economy, to win the global fight against poverty and disease, and to provide high-quality education and physical
infrastructure
worldwide.
It also means contributing to a new framework for global
infrastructure
investment that steers resources away from environmentally destructive projects and reduces the wastage often associated with political patronage.
The great task of this generation's financial leaders is to mobilize investment in the skills, infrastructure, and sustainable technologies that can end poverty, spread prosperity, and protect the planet.
During China’s
infrastructure
boom, it was importing huge volumes of commodities, pushing up their prices and, in turn, growth in the world’s commodity exporters, including large emerging economies like Brazil.
And to the extent that this risk exists at all, it is offset by the very tangible economic benefits of stimulus: improved labor-force skills, higher business investment, faster business-model development, and new, useful
infrastructure.
Few competent economists have failed to conclude that the United States, Germany, and the United Kingdom have large enough fiscal multipliers, strong enough spillovers of infrastructure, investment, and other demand-boosting programs, and sufficient financial space to make substantially more expansionary policies optimal.
Most governments in such circumstances cut items like infrastructure, because the costs go unseen for decades.
That would be an even graver mistake for Costa Rica, where
infrastructure
has not fully kept up with economic growth and, if improved, could itself be important in promoting growth.
Private-sector financing – say, of the
infrastructure
projects demanded by SDG9 – is particularly important in the Arab world, where many governments are already burdened by debt.
Recent IMF experience suggests that, through appropriate coordination, private funds could be mobilized for big private-public partnership projects linking demand expansion with
infrastructure
investment.
Skills gaps and a lack of
infrastructure
are frequently cited as factors that hinder service-sector dynamism in Asia.
The problem is not that emerging economies have no desire to borrow; they desperately need funds for
infrastructure
and other investments.
National budgets will be challenged at exactly the moment when ASEAN members must increase their investment in reskilling labor forces and developing
infrastructure
for this new age.
Much greater creativity can be found in the UAE, which has used its oil revenues to invest in
infrastructure
and amenities, thus transforming Dubai into a successful tourism and business hub.
The policy of running a federal budget surplus during deflationary times has led to crumbling
infrastructure
and deteriorating public services, reflected in overburdened hospitals and underfunded schools.
But when people migrate, the need for basic services – water, power, and transport – goes with them, highlighting the boom in
infrastructure
demand.
The reality is evident from Kenya to Kiribati – everywhere where rapid urbanization, the need to support trade and entrepreneurship, and efforts to confront the challenges of climate change have exposed a wide
infrastructure
deficit.
Simply put,
infrastructure
construction and modernization worldwide needs to be part of a strategy for long-term global growth.
That is why G-20 finance ministers, meeting recently for the first time this year in Sydney, Australia, singled out investment in
infrastructure
as one of the elements vital to ensuring a strong, sustainable, and balanced recovery.
But, with G-20 finance ministers preparing to meet again in Washington, DC, next month, a note of caution is in order: Simply increasing
infrastructure
investment is not enough to foster growth and job creation.
At the start of the financial crisis, both advanced and emerging-market economies pumped money into “shovel-ready”
infrastructure
projects to boost short-term economic growth and create jobs.
Now, in the wake of the crisis, the
infrastructure
challenge has become more difficult to address.
In emerging and developing economies, government budgets are constrained, while the private sector accounts for less than 15% of total
infrastructure
investment on average.
Indeed, a key challenge in financing
infrastructure
investment in emerging economies is that many of the commercial banks (mainly European) that had a significant presence in the past have withdrawn – and are unlikely to return until they repair their crisis-hit balance sheets and build capital to meet strengthened regulatory standards.
Factoring in additional spending for reducing greenhouse-gas emissions or adapting to climate change could add $170-220 billion each year to the cost of these countries’
infrastructure
needs.
But we also know that promoting
infrastructure
investment requires more than money.
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