The paper aims to establish whether austerity measures promote economic development, improve infrastructure development, and whether they exacerbate infrastructure backlogs. The methodology used is a quantitative research method, sourcing secondary quarterly data from the South African Reserve...

Introduction -- Brief History and Basic Concepts of Infrastructure -- Origin and Development of Infrastructure Economics -- A Review of Infrastructure Economic Growth Models.-Achievements and Challenges of China’s Infrastructure Development (1949-2019) -- Infrastructure and Market Integration:...

While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the question remains as to the impact of these resource inflows on economic development. This study posits that a key channel of the impact of FDI on development is through its effects on...