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"The long-term benefits are these investments in infrastructure," the finance minister, Pravin Gordhan, said.
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"He was good at fixing the infrastructure and the finances of the business," says Paul Lejuez, a retail analyst at CSFB, an investment bank.
However, this is not true in the investor layer, and thus a crucial piece of the infrastructure – the post-startup financing – is severely underdeveloped.
A key plank in the proposals put forward by the report's authors is a private/ public initiative which would leverage the infrastructure finance expertise of international financial institutions, including insurance companies, and multilateral development banks.
The warnings sparked a bout of introspection within the industry and led to better disclosure practices.The second imperative is to make sure that the infrastructure of finance keeps pace with its ingenuity.
The only dedicated money for specific investments in either plan is the infrastructure fund financed by the gas tax.
Disney's plan has its critics, including Anaheim residents who say that the infrastructure financed by the public bonds benefit Disney primarily and the city secondarily, if at all.
We do have the talent and stories but we need the infrastructure and finances to achieve the quality of Broadway productions.
"Success requires all the skills to handle transportation, the finance, the infrastructure — but it also involves working in a very open and public environment," he said.
This sum should be used to finance infrastructure the nature of which is not specified, except that it should be compatible with the policy of modal transfer away from the road.
As infrastructure, the usual way to finance maintenance is through government bonds.
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