Back to Search Start Over

The role of foreign investment in U.S. infrastructure: opportunities and challenges ahead

Authors :
Petsas, Iordanis
Vidalis, M. I.
Petsas, Iordanis
Vidalis, M. I.
Source :
Economics and Business Letters, ISSN 2254-4380, Vol. 9, Nº. 3, 2020 (Ejemplar dedicado a: Selected papers from 7th International PhD Meeting in Economics 2019), pags. 157-166
Publication Year :
2020

Abstract

The U.S. infrastructure has been issued a grade of D+ from the American Society of Civil Engineers because of the low funding for new construction, maintenance, and repair. It is now reaching the end of its useful life and cost estimates have reached as high as $3.6-trillion. The public infrastructure investment is at 2.4% of GDP, which is half of what it was 50-years ago. The U.S. has explored new ways to finance its infrastructure because of funding uncertainty. Investments such as, pensions, foreign investments, and sovereign wealth funds, manage trillions in assets and are forecasted to grow. This paper presents an overview of infrastructure funding and identifies possible approaches in addressing long-term financial needs with foreign capital partnership

Details

Database :
OAIster
Journal :
Economics and Business Letters, ISSN 2254-4380, Vol. 9, Nº. 3, 2020 (Ejemplar dedicado a: Selected papers from 7th International PhD Meeting in Economics 2019), pags. 157-166
Notes :
application/pdf, Economics and Business Letters, ISSN 2254-4380, Vol. 9, Nº. 3, 2020 (Ejemplar dedicado a: Selected papers from 7th International PhD Meeting in Economics 2019), pags. 157-166, English
Publication Type :
Electronic Resource
Accession number :
edsoai.on1343358571
Document Type :
Electronic Resource