ABSTRACT

People are surrounded by economic infrastructure (fixed capital investment) including the homes in which they live, the offices and factories in which they work, schools, which are essential for the education of their children, and hospitals and clinics, which are fundamental for their health and well-being. They are also surrounded by economic infrastructure which supports the economy in its totality. Road and rail infrastructure not only enables travel between homes and places of work, schools and hospitals but also distributes goods and services to people. Border posts, harbours and airports are the physical links with neighbouring countries and the world. Dams provide water not only for human consumption, but also for agricultural and industrial purposes. Power stations generate electricity. Networks deliver water and electricity to homes, places of work, schools and hospitals and convey industrial effluent, soil water and waste water to treatment works. Economic infrastructure is foundational to a better life for all.