The Global Challenge of
The Global Challenge of
Infrastructure Development
This chapter addresses the lack of adequate global infrastructure and the limits imposed on global growth, prosperity, and quality of life. Inadequate infrastructure causes loss of lives, constrains economic progress, and exacerbates climate change. To address the infrastructure gap between what is being constructed and what is genuinely required, the author proposes the creation of a development fund, which will require international collaboration and cooperation, to make available a substantial amount of capital and dedicate it to projects that contribute to the betterment of society. This development fund will not only improve infrastructure but also enhance the quality of many lives.
Keywords: infrastructure, development, international cooperation, capital, market forces
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