The evolution of infrastructure services

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Chapter 3 in Global Developments in Public Infrastructure Procurement, 2017, pp 47-80 from Edward Elgar Publishing

Abstract: The story of the evolution of infrastructure is one of innovation. A distinction is often made between demand pull and science push in driving innovations. In the case of infrastructure, the contribution of science and technology seems obvious, for example, with the steam engine and railroads in the first industrial revolution, electricity and the internal combustion engine in the second, and the internet in the third. On the demand side, the development of infrastructure has been spurred by the growth of empires and the cities and markets they spawned. One only needs think of the infrastructure demands from the growth of Tokyo-Yokohama to 38 million or Shanghai to 24 million. In Ancient Rome, infrastructure was provided by the state. From around 1500, privately financed infrastructure began to play a role in the Spanish, Dutch and British overseas colonies, and domestically with canals, turnpikes, the railroad construction boom and the ‘Tube’. However, after World War II, state provisioning came to the fore. Developments since then have brought a revival of private activity in the oil and gas and mining sectors, communications, and public-private partnerships (PPP) roads and hospitals. There is also a revolution in infrastructure under way with digital disruption in the form of electronic tolling, route information services, Uber and driverless cars and trucks. All of these shape cities and transport networks, and are examined in detail.

Keywords: Economics and Finance; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2017
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