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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 this comparison of infrastructure across countries and sectors, leading international academics and practitioners consider the latest approaches to infrastructure policy, implementation, and finance. The book presents evidence-based solutions and policy considerations, essential concepts and economic theories, and a current overview.
"This book explores different avenues of research in the areas of corporate governance, socioeconomic conditions, modern business infrastructure, business automation, strategic financial management, and financial aspects of modern businesses"--
Cities around the world are undergoing profound changes. In this global era, we live in a world of rising knowledge economies, digital technologies, and awareness of environmental issues. The so-called "modern infrastructural ideal" of spatially and socially ubiquitous centrally-governed infrastructures providing exclusive, homogeneous services over extensive areas, has been the standard of reference for the provision of basic essential services, such as water and energy supply. This book argues that, after decades of undisputed domination, this ideal is being increasingly questioned and that the network ideology that supports it may be waning. In order to begin exploring the highly diverse, fluid and unstable landscapes emerging beyond the networked city, this book identifies dynamics through which a ‘break’ with previous configurations has been operated, and new brittle zones of socio-technical controversy through which urban infrastructure (and its wider meaning) are being negotiated and fought over. It uncovers, across a diverse set of urban contexts, new ways in which processes of urbanization and infrastructure production are being combined with crucial sociopolitical implications: through shifting political economies of infrastructure which rework resource distribution and value creation; through new infrastructural spaces and territorialities which rebundle socio-technical systems for particular interests and claims; and through changing offsets between individual and collective appropriation, experience and mobilization of infrastructure. With contributions from leading authorities in the field and drawing on theoretical advances and original empirical material, this book is a major contribution to an ongoing infrastructural turn in urban studies, and will be of interest to all those concerned by the diverse forms and contested outcomes of contemporary urban change across North and South.
"In response to the infrastructure crisis in the U.S.--brought to the forefront by the Minneapolis bridge collapse and the devastation of Hurricane Sandy--Hillary Brown proposes a new way to approach infrastructure needs. The alternative approach proposed in this volume calls for more diversified, distributed, and interconnected infrastructure that integrates (and in some cases mimics) natural systems"--
Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.
Humans are at the dawn of major shifts in the relationships among society, the environment, and technology. This transformation has profound implications for the design and management of the critical infrastructure that serves as the backbone for virtually every activity and service. Policymakers and the public have been largely able to ignore these systems, assuming that they'll continue to function as they have in the past. This is no longer a reasonable assumption. It's time to come to grips with the reality that the complexity of infrastructure is exploding, emerging and disruptive technologies are accelerating, history is no longer a reliable guide to the future-and education on these issues is insufficient. Infrastructure in the Anthropocene is a "timely and critical" (Chris Hendrickson, National Academy of Engineering) guide by two of the country's leading scholars of sustainable engineering, adaptation, and innovation. This indispensable book provides "practical and implementable" (Emanuel Liban, American Society of Civil Engineers Committee on Sustainability Chair) insight into what modern infrastructure can and should do, and how it should function on a planet now dominated by humans.
To best serve current and future generations, infrastructure needs to be resilient to the changing world while using limited resources in a sustainable manner. Research on and funding towards sustainability and resilience are growing rapidly, and significant research is being carried out at a number of institutions and centers worldwide. This handbook brings together current research on sustainable and resilient infrastructure and, in particular, stresses the fundamental nexus between sustainability and resilience. It aims to coalesce work from a large and diverse group of contributors across a wide range of disciplines including engineering, technology and informatics, urban planning, public policy, economics, and finance. Not only does it present a theoretical formulation of sustainability and resilience but it also demonstrates how these ideals can be realized in practice. This work will provide a reference text to students and scholars of a number of disciplines.
Many of the challenges that decision-makers grapple with in relation to climate change are governance related. Planning and decision-making is evolving in ambiguous institutional environments, in which many key issues remain unresolved, including relationships between different actors; funding arrangements; and the sources and procedures for vetting data. These issues are particularly acute at this juncture, as climate adaptation moves from broad planning processes to the management of infrastructure systems. Concrete decisions must be made. Adapting Infrastructure to Climate Change draws on case studies of three coastal cities situated within very different governance regimes: neo-corporatist Rotterdam, neo-pluralist Boston and semi-authoritarian Singapore. The book examines how infrastructure managers and other stakeholders grappling with complex and uncertain climate risks are likely to make project-level decisions in practice, and how more effective decision-making can be supported. The differences across governance regimes are currently unaccounted for in adaptation planning, but are crucial as best practices are devised. These lessons are also applicable to infrastructure planning and decision-making in other contexts. This book will be of great interest to scholars of climate change and environmental policy and governance, particularly in the context of infrastructure management.
Abstract: Prepared by the Committee on Adaptation to a Changing Climate of ASCE Civil infrastructure systems traditionally have been designed for appropriate functionality, durability, and safety for climate and weather extremes during their full-service lives; however, climate scientists inform us that the extremes of climate and weather have altered from historical values in ways difficult to predict or project. Climate-Resilient Infrastructure: Adaptive Design and Risk Management, MOP 140, provides guidance for and contributes to the developing or enhancing of methods for infrastructure analysis and design in a world in which risk profiles are changing and can be projected with varying degrees of uncertainty requiring a new design philosophy to meet this challenge. The underlying approaches in this manual of practice (MOP) are based on probabilistic methods for quantitative risk analysis, and the design framework provided focuses on identifying and analyzing low-regret, adaptive strategies to make a project more resilient. Beginning with an overview of the driving forces and hazards associated with a changing climate, subsequent chapters in MOP 140 provide observational methods, illustrative examples, and case studies; estimation of extreme events particularly related to precipitation with guidance on monitoring and measuring methods; flood design criteria and the development of project design flood elevations; computational methods of determining flood loads; adaptive design and adaptive risk management in the context of life-cycle engineering and economics; and climate resilience technologies. MOP 140 will be of interest to engineers, researchers, planners, and other stakeholders charged with adaptive design decisions to achieve infrastructure resilience targets while minimizing life-cycle costs in a changing climate