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 Diversity In Career Preferences Of Future Health Workers In Rwanda: Where, Why, And For How Much? by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Analyzing Banking Risk (3rd Edition): A Framework For Assessing Corporate Governance And Financial Risk by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Urbanization And Growth by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Global Financial Development Report 2014 by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Linking Education Policy To Labor Market Outcomes by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Remittance Markets in Africa by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Capitalizing on the Demographic Transition: Tackling Noncommunicable Diseases in South Asia by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book World Development Report 2018 by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Asset Recovery Handbook: A Guide for Practitioners by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Diversity In Career Preferences Of Future Health Workers In Rwanda: Where, Why, And For How Much? by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Disease Control Priorities, Third Edition (Volume 7) by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Environmental Policies And Strategic Communication In Iran: The Value Of Public Opinion Research In Decisionmaking by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book India And The Wto by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Growing Green by Foster Vivien; Briceño-Garmendia Cecilia M.
Cover of the book Sustainable Low-Carbon City Development in China 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