The UN General Assembly has designated the 1978–1988 period as a Decade of Transport in Africa to draw attention to the immense efforts that are—in an internationally coordinated fashion—still needed in this continent. What contribution to Africa’s social and economic development may be...

The cost-benefit-analysis represents for the public sector the same as investment projections mean for private enterprise. This method is still in its experimental stage, but it is becoming more and more sophisticated and is already widely used also by national agencies active in the field of...

Two recent proposals for overcoming the euro area crisis make the case for monetary financing of the public sector. Watt proposes that the ECB finances public investment directly, while Pâris and Wyplosz contend that public debt may be effectively restructured by burying parts of it in the...

The goals of the Digital Agenda for Europe are far from being achieved, and the measures taken so far have not proven to be suffi ciently effective in order to attain European infrastructure and investment targets in a timely manner. Without adequate investment in telecommunications...

Problems of geographical distribution of infrastructural facilities in LDCs cannot be tackled without reference to development strategies. This should mainly be based on the answer to the question whether development ought to radiate from a given centre of growth, or whether a broader...