A major difference between developed countries and developing countries is the level of infrastructure investment. Countries that have invested in railroads, highways, electric grids, telecom networks, and other basic infrastructure are much more efficient than countries that have not made those investments. Efficiency leads to competitive advantages and higher wages, Which is why, in the midst of the Great Recession, I am surprised at how little is being said about building infrastructure. Building 21st century infrastructure will create jobs now and greater efficiencies in the future. For just one example of how this works, click here to read how Ontario, Canada is attracting private capital to build 21st century infrastructure.
John Howley, Esq.
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New York, New York 10118
John Howley is a trial lawyer with more than 25 years of experience in courtrooms and before government agencies.
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