Special Issue
Videos
There are early signs that the pandemic might have accelerated an already changing paradigm: infrastructure spending will be a central pillar in governmental efforts around the world to support a new economic cycle. This creates a unique opportunity for private finance to build green and social infrastructure that can support...
In parallel with the implementation of the recovery plans, national governments and international institutions should improve their actions to support subnational governments in increasing financing and management capacity.
To effectively allocate resources and avoid duplicates or overlapping initiatives, the US and China should consider the real needs of the developing world rather than simply fall into the new Cold War divide.
Designing basic infrastructure for collective use irrespective of capacity to produce them will have to be placed at the centre of planning.
This changing global context requires measures to align current infrastructure project plans with long-term development objectives. Measures related to financing, social and environmental impacts, international governance and partnership.