Infrastructure Investment for Connectivity: Convergence for People’s Wellbeing

Anita Prakash
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Anita Prakash: Economic Research Institute for ASEAN and East Asia (ERIA)

Chapter Chapter 19 in Wellbeing, Values and Lifestyles, 2025, pp 223-235 from Springer

Abstract: Abstract Infrastructure projects are an international strategy for growth. They are indispensable for the achievement of Agenda 2030 and its 17 Sustainable Development Goals (SDGs). Financing gaps in infrastructure development continue to exist, mostly affecting the people in Global South. Issues with infrastructure project pipelines, governance, national budget, and sustainability costs are important factors that inhibit domestic and global capital flows into infrastructure projects. Cost of climate mitigation and disaster resilience further aggravate the capital provisions. Multilateral cooperation amongst governments and development banks can support an environment which fosters integrity and commitment to the development agenda. The G 20 LiFE agenda can be the framework of multilateral cooperation that converges global finance, governance, and people’s wellbeing.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-4730-6_19

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DOI: 10.1007/978-981-97-4730-6_19

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