As a share of the country’s GDP, China’s average infrastructure spending in 2021 was nearly 10 times higher than that of the United States. Indeed, at 4.8 percent of its GDP, China's investments were significantly higher than anywhere else in the world. By compari...
The article focuses on the state and local spending on public infrastructure in the U.S. The Congressional Budget Office says that states and localities account for more than half of public transportation and water infrastructure spending and a much greater share of their funds goes to operations...
Evidence shows that state infrastructure spending is influenced by disaster events as well as social vulnerability factors. However, the effects of disasters and social vulnerability factors on state infrastructure spending depend on the infrastructure categories, suggesting that the determinants are more ...
Define infrastructure. infrastructure synonyms, infrastructure pronunciation, infrastructure translation, English dictionary definition of infrastructure. n. 1. An underlying base or foundation especially for an organization or system. 2. The basic facil
federal public spending on infrastructure was 5 percent of gross domestic product (GDP); by the mid-1990s, this figure was down to 2.5 percent. But when state and local government funding of infrastructure and educational institutions, plus private funding of research and development (R&D), is ...
Spending on necessary infrastructure is likely to be cut back in coming decades, as the federal and state governments struggle with large debt burdens. This will hamper future growth, particularly given the dismal state of current infrastructure. The American Society of Civil Engineers estimates that...
shoulder the cost, since the investments do not show up as government debt. Defenders of ppps say Turkey would not have been able to afford the new infrastructure by paying for it directly. But unless Mr Erdogan gets the economy back on track, T...
The bipartisan legislation provides for $1.2 trillion in spending over the next five years, including $550 billion in new spending for roads, bridges, public transit, power systems, broadband, water systems, climate resilience, and more. This investment presents a massive opportunity for federal, ...
This article assesses the productivity effects of infrastructure operation and maintenance (O&M) spending by state and local governments in the 48 contiguo... S Kalyvitis,E Vella - 《Economic Inquiry》 被引量: 9发表: 2015年 PRODUCTIVITY EFFECTS OF PUBLIC CAPITAL MAINTENANCE: EVIDENCE FROM U.S...
Chinese state-owned enterprises (SOEs) are now working with humanitarian organizations to develop infrastructure abroad. This emerging phenomenon is puzzli