Africa's Infrastructure: A Time For Transformation

Business & Finance, Business Reference, Infrastructure
Cover of the book Africa's Infrastructure: A Time For Transformation by Foster Vivien; Briceño-Garmendia Cecilia M., World Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Foster Vivien; Briceño-Garmendia Cecilia M. ISBN: 9780821380413
Publisher: World Bank Publication: December 1, 2009
Imprint: Language: English
Author: Foster Vivien; Briceño-Garmendia Cecilia M.
ISBN: 9780821380413
Publisher: World Bank
Publication: December 1, 2009
Imprint:
Language: English
Sustainable infrastructure development is vital for Africa's prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa's infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. Africa's infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US90 billion per year, which is more than twice what is being spent in Africa today.However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency. There is the potential to recover an additional US17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency.Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of 31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable infrastructure development.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Sustainable infrastructure development is vital for Africa's prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa's infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. Africa's infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US90 billion per year, which is more than twice what is being spent in Africa today.However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency. There is the potential to recover an additional US17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency.Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of 31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable infrastructure development.

More books from World Bank

Cover of the book Inclusive States: Social Policy And Structural Inequalities by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Global Financial Development Report 2015/2016 by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Atlas of Global Development by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Cities and Flooding: A Guide to Integrated Urban Flood Risk Management for the 21st Century by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Migrating to Opportunity by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Accelerating Clean Energy Technology Research, Development, And Deployment: Lessons From Non-Energy Sectors by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Africa's Transport Infrastructure: Mainstreaming Maintenance and Management by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Logistics in Lagging Regions: Overcoming Local Barriers to Global Connectivity by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Critical Connections by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Dancing with Giants: China, India, and the Global Economy by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Public Investment Management In The New Eu Member States: A Pilot Study Of Transport Infrastructure Management by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Global Development Finance 2011: External Debt of Developing Countries by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Disease Control Priorities, Third Edition (Volume 2) by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Conditional Cash Transfers: Reducing Present And Future Poverty by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book World Development Report 2019 by Foster Vivien; Briceño-Garmendia Cecilia M.
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy