Mobility A Crucial Element For Economic Development

In looking at both developed and developing countries, this article argues that mobility and transportation infrastructure are essential to successful economic development.

1 minute read

August 29, 2007, 2:00 PM PDT

By Nate Berg

"Mobility is key to economic development. Businesses need road, rail, shipping and air networks to transport goods and services to markets, while people need them to get to jobs and use basic services. Mobility is not solely about vehicles; it is also about infrastructure, communications technology, access to resources and energy, facilitation of trade and simplifying burdensome bureaucracy."

"As economic growth and industrialization accelerate and livelihoods and incomes improve, the demand for mobility increases. In much of the developing world, demand for mobility solutions to drive economic growth continues to outpace supply, while paradoxically the growing number of vehicles has not been matched by improved infrastructure or road safety provisions."

FULL STORY: Driving Economic Growth - Mobility for Development

Tuesday, August 28, 2007 in The World Business Council for Sustainable Development via Environmental News Network

Community / Economic Development Infrastructure Transportation World

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