Emerging Infrastructure Policy Issues in Developing Countries: A Survey of the Recent Economic Literature

Abstract

The author reviews the recent economic
\n research on emerging issues for infrastructure policies
\n affecting poor people in developing countries. His main
\n purpose is to identify some of the challenges the
\n international community, and donors in particular, are
\n likely to have to address over the next few years. He
\n addresses six main issues: (1) the necessity of
\n infrastructure in achieving the Millennium Development
\n Goals; (2) the various dimensions of financing challenges
\n for infrastructure; (3) the debate on the relative
\n importance of urban and rural infrastructure needs; (4) the
\n debate on the effectiveness of infrastructure
\n decentralization; (5) what works and what does not when
\n trying to target the needs of the poor, with an emphasis on
\n affordability and regulation challenges; and (6) the
\n importance of governance and corruption in the sector. The
\n author concludes by showing how the challenges identified
\n define a relatively well integrated agenda for both
\n researchers and the international infrastructure community.