There might still be such a thing as too much infrastructure spending, however.
Peter Coy reports: "Despite a crying need for better infrastructure, investment in it has fallen in 10 major economies, including the U.S., since the financial crisis, according to a new study by the McKinsey Global Institute."
An exception to that trend can be found in China, however, which now spends more on economic infrastructure than North America and Western Europe combined, according to the report.
The report found infrastructure spending declining as a share of gross domestic product from 2008 to 2013 in the United States, United Kingdom, Italy, Australia, South Korea, Brazil, India, Russia, Mexico, and Saudi Arabia. Infrastructure spending increased as a share of GDP in Japan, Germany, France, Canada, Turkey, South Africa, and China.
FULL STORY: China Spends More on Infrastructure Than the U.S. and Europe Combined
How Does an Economic Downturn Impact City Infrastructure?
From budget cuts to delayed maintenance projects, cities adapt, prioritize, and innovate amidst financial challenges to ensure sustainable and resilient urban environments.
How the Discount Rate Impacts Future Generations
A wonky policy tool can have significant effects on how public and private money is spent.
How Infrastructure Improvements Spur Economic Development
A formerly underutilized corridor in Citrus Heights, California is being transformed into a vibrant, walkable street—and stimulating economic growth in the process.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions