Building Global Infrastructure

Building Global Infrastructure is the fourth in a series of volumes-Patterns of Potential Human Progress-that uses the International Futures (IFs) simulation model to explore prospects for human development: how development appears to be unfolding globally and locally, how we would like it to evolve, and how better to assure that we move it in desired directions. Earlier volumes addressed the reduction of global poverty, the advance of global education, and the improvement of global health. Volume 4 sets out to tell the story of the future of global infrastructure. The approach used in this book focuses on the question of whether individual societies will be able to meet future infrastructure demands. Related questions include the following: * What is the range of realistically conceivable futures for infrastructure, considering both demand and supply? * How are the demands for infrastructure balanced with the ability to meet these demands, thereby linking the physical and financial treatment of infrastructure? * What are the effects of providing for infrastructure on issues such as economic productivity and health?

Building Global Infrastructure is the fourth in a series of volumes-Patterns of Potential Human Progress-that uses the International Futures (IFs) simulation model to explore prospects for human development: how development appears to be unfolding globally and locally, how we would like it to evolve, and how better to assure that we move it in desired directions. Earlier volumes addressed the reduction of global poverty, the advance of global education, and the improvement of global health. Volume 4 sets out to tell the story of the future of global infrastructure. The approach used in this book focuses on the question of whether individual societies will be able to meet future infrastructure demands. Related questions include the following: * What is the range of realistically conceivable futures for infrastructure, considering both demand and supply? * How are the demands for infrastructure balanced with the ability to meet these demands, thereby linking the physical and financial treatment of infrastructure? * What are the effects of providing for infrastructure on issues such as economic productivity and health?

Using Africa as a context for research, new conceptual framing is proposed to make sense of the challenges of designing effective organizations to pursue socio-economic development.

This report discusses the estimated $1 trillion annual global infrastructure gap and provides recommendations on how U.S. agencies and multilateral development banks can better incentivize private-sector investment in global infrastructure. While many private companies are looking to support infrastructure projects with readily available capital, they have not found a viable project pipeline. The study first provides background on the global infrastructure gap and explores the current state of play of the various public, private, and multilateral actors who work on infrastructure projects in the United States and globally. It then discusses three important areas of needed reform: project preparation, product innovation, and foreign government capacity building. It concludes with targeted recommendations for the multilateral development banks and U.S. agencies that work on infrastructure, with a focus on creating an expanded pipeline of projects that are bankable for the private sector. The study also presents two case studies of World Bank-funded infrastructure projects in Mali and Cape Verde to illuminate the challenges related to financing and implementing infrastructure that are discussed in the broader report.

Drawing on the Fund’s analytical and capacity development work, including Public Investment Management Assessments (PIMAs) carried out in more than 60 countries, the new book Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment will address how countries can attain quality infrastructure outcomes through better infrastructure governance—an issue becoming increasingly important in the context of the Great Lockdown and its economic consequences. It covers critical issues such as infrastructure investment and Sustainable Development Goals, controlling corruption, managing fiscal risks, integrating planning and budgeting, and identifying best practices in project appraisal and selection. It also covers emerging areas in infrastructure governance, such as maintaining and managing public infrastructure assets and building resilience against climate change.

This book examines complex challenges in managing major strategic economic and social infrastructure projects. It is divided into four primary themes: value-based approach to infrastructure systems appraisal, enabling planning and execution, financing and contracting strategies for infrastructure systems and digitising major infrastructure delivery. Within these four themes, the chapters of the book cover: the value and benefits of infrastructure projects planning for resilient major infrastructure projects sustainable major infrastructure development and management, including during mega events improving infrastructure project financing stakeholder engagement and multi-partner collaborations delivering major infrastructure projects effectively and efficiently whole-life-cycle performance, operations and maintenance relationship risks on major infrastructure projects public-private partnerships, design thinking principles, and innovation and technology. By drawing on insights from their research, the editors and contributors bring a fresh perspective to the transformation of major strategic infrastructure projects. This text is designed to help policymakers and investors select and prioritise their infrastructure needs beyond the constraining logic of political cycles. It offers a practical set of recommendations for governments on attracting private capital for infrastructure projects while creating clear social and economic value for their citizens. Through theoretical underpinning, empirical data and in-depth informative global case studies, the book presents an essential resource for students, researchers, practitioners and policymakers interested in all aspects of strategic infrastructure planning, project management, construction management, engineering and business management.

Infrastructure represents the core underpinning architecture of the global economic system. Adopting an approach informed by realism, this insightful book looks at the forces for the integration and fragmentation of the global infrastructure system. The authors undertake a thorough examination of the main internationalised infrastructure sectors: energy, transport and information. They argue that the global infrastructure system is a network of national systems and that state strategies exert powerful forces upon the form and function of this system.