Only big banks can provide the large-scale financing needed for the major, job-creating infrastructure projects that Iran desperately needs.
It will, however, create "project bonds," an idea promoted by the French president, François Hollande, in which the euro zone would provide credit to private contractors for job-creating infrastructure projects.
His populist prescription might not raise that many eyebrows in Europe, with its calls for universal healthcare purchased by the state, publicly funded elections, free higher education, more protectionist trade policies and a redistributive tax system that raises money for job-creating infrastructure projects, but it represents a dramatic departure from the consensus in Washington.
"We can't be a dying race," he said.The province is trying to lure its wandering sons back home to work on job-creating infrastructure projects.
Administration officials and private analysts predicted that the stimulus program's impact on the economy would increase in the months ahead, in part because the job-creating infrastructure projects would account for a bigger share of the outlays.
And while they credit Mr. Summers for exploring all sides of an economic issue, they complained that he took so long doing that he wore out even the president's patience on occasion — as in the development of Mr. Obama's recent package of incentives for business investments and for financing job-creating infrastructure projects.
Doubts would be exacerbated about the government's ability and determination to deliver on important job-creating and wealth-creating infrastructure projects.
Good land has been destroyed to create infrastructure to back the project.
They aim to create infrastructure and expertise.
And yet here, as his Presidency grinds to a halt, he is blessing a pipeline project that is creating infrastructure for further extraction of oil that is contributing to catastrophic temperature increases.
