Roberto Sansón Mizrahi, re-posted from Opinion Sur, a Triple Crisis partner. We will periodically cross-post items of interest.
Public investment in infrastructure is often considered a “growth engine”. Indeed, the development of roads, energy, communications, potable water, irrigation, sewer and storm drains, ports, dwelling solutions, among other types of infrastructure, drives social and economic growth. What is not always spelled out is the type of growth such engine serves.
This is so because the destination of public investment in infrastructure, as well as the form in which it is executed, have a huge impact on the nature of national and local development. It should cause no surprise, then, that certain public investments in infrastructure successfully advance social and economic inclusion, while others do not.
I believe you have remarked some very interesting points, thanks for the post.