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In 2008, the World Bank estimated that India would need to train three times as many civil engineers as it does now to meet its infrastructure needs.
But its infrastructure needs developing so that more people can get better access to economic opportunities.
That is a long way off: Europe's patchwork of subsidies and regulations will not soon be undone, and its infrastructure needs are daunting.
A team of World Bank economists has concluded that, as a practical matter, Iraq can absorb only about $6 billion in aid next year for its infrastructure needs.
The idea that the government is spending trillions on wars, bank bailouts, tax cuts, and so on, while still neglecting its infrastructure needs — and at a time when Americans are desperate for jobs — is mind-boggling.
Finally, you stated that we are lending mostly to large firms, omitting the fact that the share of loans to smaller companies in our portfolio has grown, both in absolute and relative terms.We are more than aware of our limits to providing all the resources Brazil requires to meet its infrastructure needs.
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The agency's initial proposal had been endorsed by many regional transportation advocates and construction groups, who said the Port Authority required the additional revenue to pay for its significant infrastructure needs.
He said: "The world city of London, with the largest aviation market in the world, is the hub and its airport infrastructure needs to evolve and grow around the city.
There is no question that Asia would clearly benefit from an additional infusion of capital, as the region struggles to meet its growing infrastructure needs.
The company publicly announced the news in a blog post this afternoon, where it noted it's been assessing its platform and infrastructure needs over the past few years.
For sure India has its challenges: big infrastructure needs, frustrating red tape and a tendency for the government to hang on to large state-owned enterprises, to mention a few.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com