François Bourguignon, Boris Pleskovic's Rethinking Infrastructure for Development (Annual World Bank PDF

By François Bourguignon, Boris Pleskovic

ISBN-10: 0821368419

ISBN-13: 9780821368411

ISBN-10: 0821368427

ISBN-13: 9780821368428

This variation of the 'Annual global financial institution convention on improvement Economics' provides chosen papers from the ABCDE conferences, held may possibly 29-30, 2006, in Tokyo, Japan. This quantity provides papers on Infrastructure for progress - rising matters; sustainable improvement and infrastructure - weather switch, fresh power, and effort potency; rural infrastructure and agricultural improvement; and infrastructure and local cooperation.

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Additional resources for Rethinking Infrastructure for Development (Annual World Bank Conference on Development Economics)

Example text

Enormous efforts were then launched to rebuild the country’s basic infrastructure. Acting in full capacity under its former title, the International Bank for Reconstruction and Development, the World Bank played a major role in the rebuilding of the country. The initial Bank loans were advanced for the construction of hydroelectric power plants, followed by a series of heavy industry plants and highways crisscrossing the country. The Bank is well known for its assistance in building the high-speed bullet train connecting Tokyo to Nagoya and then to Osaka, which today extends to points beyond.

KEYNOTE ADDRESS | 21 Perhaps needless to say, the financing challenge of the infrastructural gap in Africa requires concerted efforts from all funding agencies to achieve the desired development objectives and the MDGs. Through initiatives such as the New Partnership for Africa’s Development (NEPAD) and the Group of Eight (G-8) Gleneagles Declaration, the need to scale up investments to bridge the Africa infrastructure gap is beginning to be realized. However, more needs to be done in order to meet the infrastructure financing needs, which the Commission for Africa puts at an annual investment requirement in Sub-Saharan Africa alone at about US$20 billion.

Rather than seeing aid as an exchange for progress in the Doha Round, we see it as a necessary complement to the core market access issues at the center of the Round. Lack of supply capacity and the other problems noted earlier are barriers to trade that limit market access for poor countries. Aid for trade should be seen as an essential component of market access offers to poor countries. The message from LDCs in the Doha negotiations should be as follows: “Aid for trade must be part of the market access agenda.

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Rethinking Infrastructure for Development (Annual World Bank Conference on Development Economics) by François Bourguignon, Boris Pleskovic


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