Last updated on Mar 24, 2024

What role does infrastructure play in promoting macroeconomic growth?

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Infrastructure is the backbone of any economy, providing the physical and digital networks that enable the movement of goods, services, people, and information. It is also a key driver of macroeconomic growth, as it affects productivity, competitiveness, innovation, and social welfare. But how exactly does infrastructure contribute to macroeconomic performance, and what are the challenges and opportunities for improving it? In this article, you will learn about the role of infrastructure in promoting macroeconomic growth, and some of the factors that influence its effectiveness and efficiency.