infrastructure Archive

gdpCollecting 15% of GDP for infrastructure and healthcare can boost GDP of developing countries

May 8, 2018 | Brian Wang |
 
According to the Economic and Social Survey of Asia and the Pacific – ESCAP’s long-running flagship publication – developing economies are on track to record an overall growth rate of 5.8 percent in 2017, compared with 5.4 percent the previous …
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indiaRailroad infrastructure boosted farm income India in the early 20th century by 16%

April 28, 2018 | brian wang |
 
How large are the benefits of transportation infrastructure projects, and what explains these benefits? Before 1870, India barely had railroads. It didn’t have many canals either, and only a small percentage of the population lived along the three main rivers. …
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climate changeA walls and dams will delay major sea level rise for a few centuries and cost 1000 times less

March 23, 2018 | brian wang |
 
Princeton researchers recommend targeted geoengineering to preserve continental ice sheets. “Geoengineering interventions can be targeted at specific negative consequences of climate change, rather than at the entire planet,” postdoctoral research associate in Atmospheric and Oceanic Sciences Michael Wolovick said. The …
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californiaFailed Oroville Dam Spillway designed by inexperienced grad student in the 1960s

January 11, 2018 | brian wang |
 
California’s Department of Water Resources was blasted in an independent report for having a culture of complacency and incompetence that contributed to last year’s near-disaster at Oroville Dam. The full 584 page independent forensic team report is here. The agency’s …
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infrastructurePipebot can help fix decaying water pipe crisis in the US and the World

December 9, 2017 | brian wang |
 
The United States faces a looming crisis over its deteriorating water infrastructure, and fixing it will be a monumental and expensive task. In Los Angeles alone, about two thirds of the city’s 7,000 miles of water pipes are more than …
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artificial intelligence2018’s Hottest Tech Stock Is A Life Saver

December 6, 2017 | brian wang |
 
Everyone’s heard the story about the government’s promise to spend $1 trillion on fixing America’s aging critical infrastructure. But there’s another big money story that few investors know of… Trump’s trillion-dollar pledge won’t come close to fixing our infrastructure. It’ll …
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asiaMulti-trillion dollar buildup of a China centric new world order for the 21st century

August 4, 2017 | brian wang |
 
Beijing’s Belt and Road initiative is part and parcel of President Xi Jinping’s strategy to solidify China’s emergence as a great economic and military power, a leading expert on Asian economies said Wednesday. In May, 2017, China’s President Xi Jinping …
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asia$15 trillion Global Infrastructure spending gap over the next 22 years

July 27, 2017 | brian wang |
 
Nearly a fifth of the $94 trillion in global infrastructure investment needed by 2040 risks being unfunded if current spending trends continue according to the G20-backed Global Infrastructure Hub. To close the spending gap, annual infrastructure spending needs to rise …
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chinaGuangdong Hong Kong Macau economies to be tightly integrated and surpass Tokyo

July 12, 2017 | brian wang |
 
China plans to turn the Guangdong-Hong Kong-Macau greater bay area into the world’s largest bay area in terms of GDP by 2030. This would mean surpassing Tokyo, New York and the San Francisco bay area economies. In 2016 combined regional …
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economic impactTrump planning to cut large infrastructure and construction permitting from 10 years to 4-12 months and adding $200 billion in incentives

May 24, 2017 | brian wang |
 
To speed up infrastructure projects, officials are preparing to overhaul the federal environmental review and permitting system, which they blame for costly delays. Trump asked advisers whether they could collapse that process, which he said takes at least 10 years, …
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