BLOGGER TEMPLATES - TWITTER BACKGROUNDS »
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, March 26, 2010

No Infrastructure, No Economic Development

The more developed a country's infrastructure, the more developed that country's economy is. 

  • “Modern infrastructure is the backbone of an economy and the lack of it inhibits economic growth…”
  • “investing more funds without tackling inefficiencies would be like pouring water into a leaking bucket. Africa can plug those leaks through reforms and policy improvements which will serve as a signal to investors that Africa is ready for business.”
In order to develop a nation's economy and to encourage the growth of profit-making industries, there are five major infrastructure systems key to economic success:  power, water, transportation, information and communication systems, along with a well developed educational system.  All of which most African nations lack.

Infrastructure Blog Power Point