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The Higher Road: Forging a U.S. Strategy for the Global Infrastructure Challenge

April 23, 2019

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Over the next 15 years, more hard infrastructure is projected to be built around the world than currently exists. This global build-out is already underway, and the changes it brings will only accelerate. Infrastructure projects, especially in the transport, energy, information and communications technology (ICT), and water sectors, have long been recognized as the backbone of modern economies. Going forward, emerging digital infrastructure, including fifth-generation (5G) networks, remote sensing, and other advanced technologies, will be especially critical. As our infrastructure is transformed, so will be the economies it fuels, the regions it connects, and the global commons it underpins. These trends are too powerful and potentially beneficial for the United States to stop, and too consequential to ignore.
 

This project was made possible by generous support from Bechtel Group, IBM, and the Inter-American Development Bank.

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Written By
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Matthew P. Goodman
Senior Vice President for Economics and Simon Chair in Political Economy
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Daniel F. Runde
Senior Vice President; William A. Schreyer Chair and Director, Project on Prosperity and Development
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Jonathan E. Hillman
Senior Fellow, Economics Program, and Director, Reconnecting Asia Project
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Erol Yayboke
Deputy Director and Senior Fellow, Project on Prosperity and Development
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Africa, Americas, Asia, Asian Economics, China, Economics, Economics Program, Energy and Sustainability, Global Economic Governance, International Development, Private Sector Development, Project on Prosperity and Development, Reconnecting Asia, Technology and Innovation, U.S. Development Policy

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