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Infrastructure debt is a complex investment category reserved for highly sophisticated institutional investors who can gauge jurisdiction-specific risk parameters, assess a project’s long-term viability, understand transaction risks, conduct due diligence, negotiate (multi)creditors’ agreements, make timely decisions on consents and waivers, and analyze loan performance over time.
Hard infrastructure is the physical networks necessary for the functioning of a modern industrial society or industry. [5] This includes roads, bridges, and railways. Soft infrastructure is all the institutions that maintain the economic, health, social, environmental, and cultural standards of a country. [5]
According to a study by D. A. Aschauer, [3] there is a positive and statistically significant correlation between investment in infrastructure and economic performance. . Furthermore, the infrastructure investment not only increases the quality of life, but, based on the time series evidence for the post-World War II period in the United States, infrastructure also has positive impact on both ...
Decline in basic services and infrastructure. If the GDP of a community declines, there is less demand for basic services such as hotels, restaurants and shops. The employment in these sectors then suffers. [7] A falling GDP also implies a falling tax base that would support basic infrastructure such as police, fire and electricity.
World map for Indicator 9.1.2 in 2014: Railways, passengers carried (passenger-km) [13] Target 9.1 is: "Develop quality, reliable, sustainable and resilient infrastructure, including regional and trans-border infrastructure, to support economic development and human well-being, with a focus on affordable and fair access for all". [14]
As civil society gained political authority in Western states, despotic power became less accepted. As such, infrastructural power became considered a “positive” type of power; [5] it is a source of legitimacy derived directly from civil society and therefore, at least in theory, directly from the people.
Therefore, the achievement of sustainable infrastructure is of significant concern in multiple areas of society. [2] The sustainable development of urban areas is crucial since more than 56% of the world's population lives in cities. Cities are in the lead of climate action, while being responsible for an estimated 75% of the world's carbon ...
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]