Targeting Infrastructure Projects, Innovative Technologies and Financing Options to Achieve Sustainable Economic Growth in Resource-Based Economies | Chapter 09 | Perspectives of Arts and Social Studies Vol. 3
This chapter evaluates different
approaches and potential solutions for the seemingly intractable stagnation or
decline of a country or region. It focuses on economic development in a
resource-based economy that may have structural problems due to a lack of
diversification. Infrastructure, strategic debt, and innovation are evaluated,
with a goal of developing a balanced approach that strategically leverages
existing infrastructure for a diversified economy and sustainable growth for
resource-based economies. It includes expanding financing opportunities in
these countries with a combination of infrastructure policies and energy
technologies and capturing the opportunities using supply chain technologies.
The goals are to avoid both “debt traps” and “Dutch Disease” by leveraging
existing infrastructure within a plan that incorporates supply chain management
the prudent use of available financing and strategic partnership, such as
China’s Belt and Road Initiative and Saudi Arabia’s Vision 2030. Finally, the chapter
contains an analysis of Argentina’s economic problems explains how a current
plan to build infrastructure and to develop innovative technology could provide
a foundation for renewed economic growth and human capital development.
Author(s) Details
Gary Stading
Texas A & M
University Texarkana, USA.
Larry R. Davis
Texas A & M
University Texarkana, USA.
Read full article: http://bp.bookpi.org/index.php/bpi/catalog/view/77/1050/743-1
View Volume: https://doi.org/10.9734/bpi/pass/v3
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