A Palestinian boy drinks from a broken pipe in the Jordan valley, 2010: much of the developing world lacks proper water infrastructure
Infrastructure Simon James
The OECD estimates that $50 trillion must be spent by 2030 on global infrastructure. This is because of population growth, urbanisation, industrialisation and rising living standards. Infrastructure accelerates growth. It also brings change in countries facing environmental degradation.
The UN forecasts that by 2050 there will be 2.3bn more people in the world. Populations in developing economies will grow by 58 per cent, while those in developed countries will increase by 2 per cent.…
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