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In a world on the brink of a global recession caused by the COVID-19 global pandemic, the infrastructure efforts of today and tomorrow are more crucial than ever.For one, they are an indispensable countercyclical tool to mitigate the negative effects of the economic paralysis.But they also constitute a pivotal component for a country’s development, raising its competitiveness in the long term. That is why infrastructure will continue to play a critical role even when the pandemic crisis has been tamed.Rapid demographic growth, increasing urbanization, especially in developing countries, coupled with the ounting challenge posed by climate change, are trends that are not going to disappear with the virus.How to cope with these global, long-term trends? How to finance the increasing need for infrastructure? Which major international actors will take the lead? And what role will technology play in shaping the future of infrastructure?
In a world on the brink of a global recession caused by COVID-19, the Infrastructure efforts of today and tomorrow are more crucial than ever. They are an indispensable countercyclical tool to mitigate the negative effects of the economic paralysis. But they also constitute a pivotal component of a country’s development and competitiveness in the long term. That is why infrastructure will continue to play a critical role even when the pandemic crisis has been tamed. Rapid demographic growth, increasing urbanization, especially in developing countries, coupled with the mounting climate change are challenges that won’t disappear with the virus. These significant challenges will come with equally difficult questions. How to cope with these long-term trends? How to finance the increasing need of infrastructure? Which major international actors will take the lead? And finally, what role will technology play in shaping the future of infrastructure efforts?
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging markets. Infrastructure in LIDCs is largely provided by the public sector; private participation is mostly channeled through Public-Private Partnerships. Grants and concessional loans are an essential source of infrastructure funding in LIDCs, while the complementary role of bank lending is still limited to a few countries. Bridging infrastructure gaps would require a broad set of actions to improve the efficiency of public spending, mobilize domestic resources and support from development partners, and crowd in the private sector.
This long-term examination of future infrastructure needs examines what will be required, how it will be financed, and how such factors as climate change, globalisation, and urbanisation will affect these needs.
This paper discusses how natural infrastructure, the networks of land and water that provide services to people, can help decision makers and infrastrucuture managers address interconnected challenges facing water, energy and food systems, often referred to as the "nexus." The paper examines reasons and ways to include natural infrastructure in this nexus, challenges that have prevented increased investment in natural infrastructure, and recommendations for moving forward.
The book deals with the concept of urban infrastructure and the strong evolution of globalization, in particular the driving force taken by global cities. Urban infrastructure is a constituent part of the global cities, both have a synergistic evolution. The main reference is to western global cities in the intertwining of financialization, settling and brownfield which is a little different from the urbanization of other global cities of other non- developed countries, or emerging countries. There is therefore a significant link between globalization and urban infrastructure. The occurrence of slowbalization can have consequences on urban areas infrastructures and more generally on the different dichotomy between global city and nation. With the pandemic infectious and the post COVID, there is already a different configuration between the global city and the rest of the national territory. A driving element of the urban infrastructure and the global city has been the financialization and identification of assets within global cities. Urban infrastructure as an asset has grown considerably in the last two decades, in the wake of what has already been highlighted previously for real estate. There are contiguous issues that affect the concept of urban infrastructures and they are the enormous growth of finance and the landings of this in the great cities of the world with investments that first involved Real Estate and then urban infrastructures. There has also been a technological revolution that has merged the ubiquitous technological infrastructure with other more traditional components of the infrastructure, even apparently recent themes, such as smart cities, come from this evolutionary trend and merge with urban infrastructures. The theme of smart cities, if properly interpreted, gives strength to the concept of urban infrastructure.
Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.
Infrastructure at the Crossroads brings together lessons from the last two decades of World Bank engagement in infrastructure. It analyzes trends in the Bank's infrastructure lending, describes the evolution of the external environment and the Bank's own strategic priorities, and presents lessons about project design and appraisal, poverty focus, private sector participation, environmental and social sustainability, the issue of corruption, and stakeholder communications.
This volume addresses the governance and evolution of Canada's international policies, and the challenges facing Canada's international policy relations on multiple fronts.