Sentences with phrase «economies need infrastructure»

And those nascent economies need infrastructure — electricity above all, transport across land (rail is most efficient) and in the air, oil and gas, public lighting, and basic health care.

Not exact matches

China's huge state - owned infrastructure companies, hampered by their own country's gradual slowdown, need projects that will keep their foundries blazing and their workers paid while the nation makes the transition to a less industrial, more consumer - driven economy.

Mills compared the need to invest in infrastructure such as highways, roads, and bridges to investment in high - speed broadband in the past two decades, which has enabled a lively app economy, which in turn has spawned nearly a million jobs, as well as an entirely new cloud computing industry worth $ 45 billion that touches some 6 million small businesses.

Sadly, these wasteful tax giveaways would threaten middle class priorities, including the investments in education, infrastructure, and other areas that we need to grow the economy.

Yet Siegfriend Kiefer, president of Calgary - based engineering firm Atco Ltd., said Latin American leaders have told him they need massive new investments in infrastructure to grow their economies first.

Low unemployment, tax cuts, rising wages, higher oil prices, record market highs — do we need the infrastructure spending to boost the economy?

We heard voices saying that Canada and the world economy need increased social services, expanded public infrastructure investments and restored regimes of strict regulation for banks and investment houses.

In the United States during much of the 19th Century, an erratic and unstable financial system combined with the huge infrastructure needs of a rapidly expanding continental economy meant that the US was almost always in short supply of money and capital *, and so to a large extent its growth rate was constrained mainly by British liquidity.

They can only be made consistent if Washington also unleashes an infrastructure building program, a policy initiative consistent with either of the other two, on a truly heroic scale — which, as an aside, I suspect would be a smart strategy under any circumstances as American infrastructure needs are so great that the consequent productivity increases would fully service the associated debt long before they stopped adding value to the economy.

«There is a crying need for infrastructure investing if the economy [is] to be vital and foreign and domestic investors are to be encouraged,» says Sakhawat Hossain, managing director of Western Marine.

«The Internet has now transformed from a useful platform to an essential and multidimensional infrastructure that needs to be kept open and decentralized in order to enable communication, collaboration, innovation, inclusive participation and economic growth... The Internet economy has now...

China Planning More Infrastructure Projects for Growth, NDRC Official Says China needs more subways, highways and sewage plants, and construction of that infrastructure will help the economy, a senior planning Infrastructure Projects for Growth, NDRC Official Says China needs more subways, highways and sewage plants, and construction of that infrastructure will help the economy, a senior planning infrastructure will help the economy, a senior planning official said.

Rather than follow a disastrous road taken by some of her predecessors, and slash funding to government services while the price of oil is low, the NDP government is taking an opportunity to invest in much needed public infrastructure when the economy is slow and the price is right.

The recent federal election featured something of a debate on fiscal policy, with the Liberals promising to run modest deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in infrastructure and social programs.

When you consider this substitution effect, along with the dramatically reduced need for infrastructure, middlemen, shipping and logistics attached to the replacement of hard goods by virtual ones, it's abundantly clear how technology is reshaping our economy.

This is likely just the beginning of what promises to be a burgeoning asset class, as governments and other entities will need to invest an estimated $ 90 trillion in infrastructure over the next 15 years to achieve goals outlined by the Global Commission on Economy and Climate.

Friedman understands that most nations do not have the infrastructure or culture needed to participate in the global economy and may balk at making the necessary changes.

Over the past two years, when the economy was totally stagnant, and when our economy has needed a quick and fast - acting shot in the arm, we have advocated a temporary VAT cut — alongside infrastructure spending, action on youth unemployment and targeted tax measures for business as part of our five point plan for growth.

These investments in New York's infrastructure are the shot in the arm our economy needs with the promise of a return to the big projects that make New York an industry leader.

This is exactly the kind of infrastructure project this state and this county need to keep our economy moving forward.»

«America's infrastructure needs are going ignored which has a material impact on the performance of the American economy,» Higgins said.

Unite has urged the government to invest the economy to good health through housing and infrastructure projects and by compelling the banks to use the # 350 billion of public money they are hoarding to support businesses in need.

Carbon - neutral planning and design needs to be embedded in infrastructure decisions now if we are to achieve a low carbon economy within 30 years, argues Keith Clarke CBE, former CEO of Atkins Global and Chairman of the Forum for the Future.

In the light of the crash in global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the government.

This Republican Congress has taken the governing tools of past administrations out of the hands of the President, and made it impossible to provide a viable Presidential stewardship of the Economy, that would include raising revenues to pay down the National debt, provide stimulus to the economy that would create more jobs to help build needed infrastrEconomy, that would include raising revenues to pay down the National debt, provide stimulus to the economy that would create more jobs to help build needed infrastreconomy that would create more jobs to help build needed infrastructure.

On six — reducing corruption, improving public education, balancing upstate and downstate needs, improving infrastructure, improving the economy and planning for New York's future — only between 23 and 35 percent of voters say Cuomo has done an excellent or good job.

«We need a change of course now and that must include ending the Treasury's block on bringing forward the long - term infrastructure investment our economy so desperately needs.»

And to do that we need to do three things: get the country's spending in check with firm financial controls, raise money for targeted investment in much needed infrastructure; and see us diversify the economy from a damaging dependence on oil.»

While they may disagree on many policy issues Miner and DeFrancisco agreed on the need to invest in aging infrastructure such as pipes and roads and faulted Cuomo's efforts to boost the upstate economy, which include tax breaks for start - up companies and competitive regional economic development awards.

As Nigeria's economy suffers a near recession due to the falling oil prices, with 27 States out of 36 states in the country needing bail - out funds to offset salary arrears, Lagos has been witnessing an unprecedented influx of people from far and near, thereby putting pressure on social infrastructure and security.

We know that when it comes to growing the economy, alongside good infrastructure and great education we need to light the fires of enterprise.

We need more of the money to be spent on public goods that help our economy grow, like infrastructure, energy and innovation.

Westchester needs a leader who will protect hard - earned taxpayer dollars, prioritize critical infrastructure projects and help spur the local economy.

It also will open the fiscal space so that government can undertake even greater steps to stimulate the real economy in ways that provides jobs and builds the infrastructure needed for sustained economic development.

They say the state needs to «make a concerted effort to fully invest in clean tech, green energy production, retrofitting and infrastructure, which helps the environment, people and the economy.»

«We realise that capital project financing is vital to providing new infrastructure that would help build the badly needed capital formation for our economy to grow.

He has focused on issues that include border security, the need to improve New York's infrastructure and the economy.

Greening the Recovery identifies innovation, infrastructure and information as the key areas in which policies are needed to support a green economy, in addition to arguing for environmental fiscal reform and specific policies at UK and EU level to support resource efficiency.

In an attempt to restore this lost confidence and give the UK economy a much ‑ needed boost, Chancellor Phillip Hammond appears set to declare the era of austerity over by greenlighting various major infrastructure projects.

«By investing in the transit infrastructure people depend on to get where they need to go each day, we will keep our economy moving forward well into the future.»

Although the tax credit doesn't directly reduce the cost of solar energy, it does help create the economy of scale needed for solar panels to be cost effective and helps create stability in the market for companies wanting to invest in research, infrastructure and other investments with a longer return.

Similar thematic topics that currently emerge in the work of RUAF on short food chains and local economy are the development of logistical infrastructures for aggregating produce at city region level (commonly known as «food hubs») and the need to develop successful and viable business models for the implementation of short food supply chains within urban settings.

The level of investment needed was highlighted this week by the New Climate Economy report, which said over US$ 90 trillion will be invested in infrastructure in the world's cities, agriculture and energy in the next 15 years.

To move toward a cleaner energy economy, we must improve our nation's electrical grid, as well as construct the transmission infrastructure needed to connect renewable energy facilities to cities and regions with high power demand.

The state, who will have a large role in the decision - making involving the pre-salt given their stake in Petrobras, needs to avoid over-heating its economy by allowing too rapid an expansion of this sector, pushing up the costs of deepwater infrastructure and expertise, or local labour and materials.

They have not yet had the same impact as the Black Death — but as we saw in New Orleans in 2005, it does not take the bubonic plague to destroy social order and functional infrastructure in a financially complex and impoverished society... Once you understand the transition in this way, the need is not for a supercomputed Five Year Plan — but a project, the aim of which should be to expand those technologies, business models and behaviours that dissolve market forces, socialise knowledge, eradicate the need for work and push the economy towards abundance.

The needed annual investments in infrastructure outlined above could be paid with carbon prices well within the range of what's been suggested by multilateral agencies and imposed by forward looking managers of progressive economies.

Equity, to the alliance, means acknowledging that low - income communities don't just need tax relief; they need resilient infrastructure, access to jobs, and training in the clean energy economy.

At the same time, mature economies will need to renew their infrastructure to meet ever - changing environmental and economic opportunities and challenges.

The report offers policymakers a choice: spend $ 90 trillion on the infrastructure we need, but follow the business - as - usual path, or invest that money in a dramatic change for the global economy.