Bridging The Infrastructure Gap: Assessing The Impact Of Critical Infrastructure Investments On Economic Growth In The United States And Emerging Markets

Infrastructure is an important driver in economic development, promoting trade, increasing access to basic services, and enabling productivity, however, the infrastructure gap that many nations are facing has become detrimental, threatening their long-term economic growth and competitiveness. While emerging markets contend with deficient infrastructure systems that impede industrialization and social development, industrialized economies such as the United States suffer from inefficiencies triggered by deteriorating infrastructure and periods of underinvestment. The purpose of this review is to assess the impact of critical infrastructure investments on economic growth in the United States and emerging markets. The study revealed that infrastructure investment significantly boosts economic development. Modernizing infrastructure in the United States enhances productivity and competitiveness globally, especially across sectors. Therefore, bridging the infrastructure gap is essential for promoting economic development and sustaining long-term growth.

Authors

Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-10-31
DOI
https://doi.org/10.36948/ijfmr.2024.v06i05.28772
Citations
2
Primary Topic
Public-Private Partnership Projects
Type
article
Field-Weighted Citation Impact
1.11
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article

Bridging The Infrastructure Gap: Assessing The Impact Of Critical Infrastructure Investments On Economic Growth In The United States And Emerging Markets

Adeniran Adebayo Adeniyi, Adekoya Yetunde -, Sarah Namboozo -
2 citations
International Journal For Multidisciplinary Research
Public-Private Partnership Projects
1.11
article

Bridging The Infrastructure Gap: Assessing The Impact Of Critical Infrastructure Investments On Economic Growth In The United States And Emerging Markets

Adeniran Adebayo Adeniyi, Adekoya Yetunde -, Sarah Namboozo -
article en
2 citations

Abstract

Infrastructure is an important driver in economic development, promoting trade, increasing access to basic services, and enabling productivity, however, the infrastructure gap that many nations are facing has become detrimental, threatening their long-term economic growth and competitiveness. While emerging markets contend with deficient infrastructure systems that impede industrialization and social development, industrialized economies such as the United States suffer from inefficiencies triggered by deteriorating infrastructure and periods of underinvestment. The purpose of this review is to assess the impact of critical infrastructure investments on economic growth in the United States and emerging markets. The study revealed that infrastructure investment significantly boosts economic development. Modernizing infrastructure in the United States enhances productivity and competitiveness globally, especially across sectors. Therefore, bridging the infrastructure gap is essential for promoting economic development and sustaining long-term growth.

International Journal For Multidisciplinary ResearchVol. 6(5)
Openalex Percentile: Top 14%
Public-Private Partnership Projects
1.11
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