IMF managing director Kristalina Georgieva On 16 November, IMF managing director Kristalina Georgieva delivered an opening statement for the fund’s 10th IMF Statistical Forum which was entitled Measuring the Tangible Benefits of Intangible Capital. The two-day event was addressed by…
Tag: infrastructure
Insanity and the London housing market
A single fact says everything about what’s happened to the UK economy in the past 40 years. In 1978 aged 23, I purchased a two-bedroom flat in South Tottenham, an unfashionable suburb of London about five miles from Piccadilly Circus,…
The right way to run a railway
The announcement yesterday that the UK government had decided to withdraw the concession for services on the London to Edinburgh route from a joint venture between Virgin and Stagecoach has stimulated debate about the merits of private ownership versus public…
New thinking to promote infrastructure investment
Physical infrastructure and electronic and other processes are essential for value-creation, particularly in the intangible economy. People can’t create value unless they can interact and the greater interaction, the greater the value-creation. Roads, railways, metros, seaports and airports are among…
IMF gets serious about infrastructure
The world’s underinvested in infrastructure and a new approach to building infrastructure should be developed. That is the message of an IMF report published on 18 June. The report, named Making Public Investment More Efficient, critically reviews global experience in…
The market can’t solve the global infrastructure crisis
A new report by the IMF says that there is growing concern that low levels of infrastructure investment are hindering economic growth. “In many emerging market economies, infrastructure bottlenecks are not just a medium-term worry but have been flagged as…