Infrastructure Development: Issues and Country Experiences

Infrastructure is one of the prime movers of any economy in the world. The wheels of infrastructure are needed for an economy to roll on, without which the industries and businesses that power the economy will come to a grinding halt. A shortfall in the availability of transport, logistical facilities, energy etc. to run the industrial juggernaut, will lead to catastrophic problems for any country, more so, in the case of the developing countries, which have very little fiscal resources to ward off the challenge even for a short period of time. Funding infrastructure projects has been a major issue of concern throughout the developing world. Infrastructure projects typically need huge funds. Funding such projects will invariably need the efforts of the private sector, too, apart from public sector and the government. In this context, Public-Private Partnerships are increasingly being seen as a very important tool in augmenting the infrastructure in developing nations. In this context, where good infrastructure is typical for any country to excel in its pursuit of economic growth, this book, “Infrastructure Development: Issues and Country Experiences” makes exciting reading by delving into the necessity of infrastructure in achieving the economic goals; the various issues involved in building infrastructure; and some of the experiences in various countries in building infrastructure. The book presents a series of well-written articles that bring out the essence of the recent happenings on the infrastructure front in India and several other countries.