It has an efficient infrastructure, and everything there works.
The provision and maintenance of sustainable and efficient infrastructure is directly linked to economic growth - society, and indeed business, cannot operate without it.
Borrowing now to fund efficient infrastructure projects will reap returns that exceed these costs and will reduce future deficits through job creation and higher growth.
Not only would his plan prop up the sinking economy, he said, but it would equip America with more productive and efficient infrastructure, aiding future growth.
Many of them are higher-income cities within their respective regions and seek to leverage their efficient infrastructure, improved quality of life, and better security and environmental performance compared to the larger megacities.
BinBin Jiang, a research associate in energy and development at Stanford University, sees similar opportunities in creating an efficient infrastructure for China's exploding midsize cities. "That's where you determine if you are going to leapfrog or go along the old Western path," she said.
Perhaps Scandinavians are better able to appreciate the small, hygge things in life because they already have all the big ones nailed down: free university education, social security, universal health care, efficient infrastructure, paid family leave, and at least a month of vacation a year.
A recent working paper by Bent Flyvbjerg and Allison Stewart of the Saïd Business School at Oxford University found that every Olympiad since 1960 has gone over budget and that the average overrun, at 179%, was worse than for any other kind of mega-project.When the consumer sits down to watch the games, though, he is not interested in efficient infrastructure investment.
We're efficient infrastructure hackers, aren't we?
I'm lucky that I live in Paris, a dense city with efficient infrastructure.
