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Big infrastructure projects in the developing world for things like water and electricity are under-pressure. Chinese and US funding is down and these projects often fall apart due to corruption and political incentives to build but not maintain. It is possible to break old institutions and establish new ones, but “there is nothing more difficult to […] The post A New Order of Things appeared first on Marginal REVOLUTION. Related StoriesThe 21st Century ROAD to Housing ActChristopher Sims, RI...
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Marginal Revolution (United States) | Mar 15, 2026
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مترجم بالذكاء الاصطناعي · عرض الأصل
The decline in funding for infrastructure projects could lead to greater inequality and suffering in developing nations, exacerbating existing issues.
مترجم بالذكاء الاصطناعي · عرض الأصل
Relying on external funding from countries like China and the US could undermine local governance and sustainability of infrastructure in the long term.
مترجم بالذكاء الاصطناعي · عرض الأصل
Corruption and political instability are major barriers to the success of infrastructure projects, and without reform, funding will continue to be wasted.
مترجم بالذكاء الاصطناعي · عرض الأصل
Investing in new infrastructure projects in developing countries can significantly improve access to essential services like water and electricity.
مترجم بالذكاء الاصطناعي · عرض الأصل
It is crucial to establish transparent institutions to ensure that infrastructure projects are maintained and benefit the communities they serve.
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