Issue: Infrastructure
Attention to infrastructure policy is on the rise due to road and air congestion, catastrophic events, warnings about climate change and energy security, and concerns about U.S. productivity and economic growth. While increased spending on infrastructure is likely to be needed, the U.S. government can reap the greatest benefits by using existing infrastructure more efficiently and making better decisions about how to invest in infrastructure. The United States can use public concern regarding infrastructure to create a national strategy for reforming physical and telecommunications infrastructure.
Events
New Approaches to Policy: Hamilton Project Strategy Paper
An Economic Strategy for Investing in America's Infrastructureby Manasi Deshpande and Douglas Elmendorf
Infrastructure investment has received more attention in recent years because of increased delays from road and air congestion, high-profile infrastructure failures, and rising concerns about energy security and climate change. The United States now has the opportunity to channel public concern and frustration into a national infrastructure strategy that promotes infrastructure as a central component of long-term, broadly shared growth. While increased spending on infrastructure is likely to be needed, this paper emphasizes the large gains that could be reaped by using existing infrastructure more efficiently and by making better decisions about how to invest in infrastructure.
Infrastructure Discussion Papers
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