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In the short run, infrastructure investments provide a boost to a feeble recovery.
She is also campaigning against what she characterises as the government's record of "poorly run infrastructure projects".
And her plans to upgrade Brazil's skimpy transport links by auctioning concessions to build and run infrastructure will stretch BNDES as never before.
Alongside the lack of macroeconomic rigour, there was a lot of microeconomic meddling: the government pursued a clumsy industrial policy and shortchanged the private sector, for example by insisting on absurdly low rates of return on concessions to run infrastructure projects.
The bank selected to look at how to structure a deal with the private sector would be asked to investigate whether an investor could be given a concession to run infrastructure in an area of the country where services are relatively straightforward.
Alexander agreed: "The international community has spent too much time looking after its own interests and not done the basics … In Haiti only 34% of the aid went to the government, but NGOs do not run infrastructure in the long-term".
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However, state-run infrastructure suffers most from low maintenance support.
Scottish National party delegates have voted heavily to replace privately financed schemes with a state-run infrastructure agency, in an implied rebuke to SNP ministers.
A concrete way to adjust gradually is to pair serious long-run deficit reduction measures with equally serious, near-term jobs measures — like a sizable short-run infrastructure program and a one-year continuation of the payroll tax cut for working families first passed in 2010.
But when the company dug deeper, it realized that it also had a competency in running infrastructure, backed by an extremely strong technology team.
Likewise Vinci, a French firm that builds and runs infrastructure projects around the world, entered a new realm when it bought Faceo, a provider of soft services, in 2010.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com