The world wants more infrastructure investment | Nigerians nervous about new Lagos metro | UK using blockchain on rail projects
infrastruttura
no. 35
Fifty-seven percent of the world thinks governments are underinvesting in infrastructure.
Together with Ipsos, the Global Infrastructure Investor Association recently surveyed 23,000 adults in 31 countries on their views of governments' levels of investment in infrastructure, as well as the quality of their country's assets in various sectors. This survey updates a 2021 version that GIIA carried out in advance of the COP26 meeting in Glasgow. As you might expect, the results are packed with insights about how policymakers should prioritize political and investment capital.
First, like so much else, the pandemic appears to have at least modestly shifted attitudes across the world towards how governments should fund infrastructure spending. Only 29% of those surveyed favor higher taxes or deficit financing for infrastructure projects. But this figure is up from 22% in 2018. And a clear majority (64%) believe that the costs of paying for new projects should be shared evenly between current and future taxpayers/generations (i.e. current taxes versus long-term deficit spending).