World Bank Group

Doing infrastructure right in the U.S.

Doing infrastructure right in the U.S.

Infrastructure is the backbone of economic expansion, but its impact hinges not on size and quantity but relevance and quality. President Donald Trump proposes up to $1 trillion over a decade on building roads, bridges, ports, schools and hospitals to make America's infrastructure "second to none." Studies indicate how infrastructure spending in advanced economies like the U.S. can boost incomes, but it depends on getting three things right.

First, the additional spending must fill gaps that are holding up the expansion of local economies, rather than just get money out the door. The cracks in infrastructure — especially in Maryland, New Jersey or New York — are glaring....

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