In the world of infrastructure, technological change presents both a challenge and an opportunity. The challenge arises because of the large capital investments which infrastructure projects normally require and the threat that the infrastructure may become obsolete before the investors – whether they are public or private investors – can fully recover their costs. At the same time, there is an opportunity, namely that by using new technologies, we can deliver infrastructure services to the public in a way that is both more efficient and more effectiv
Talk of trade tariffs and heightened geopolitical tensions are dominating news headlines recently. As developed economies consider escalating protectionist policies, it’s easy to forget about the situation many emerging markets face.