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:...