Infrastructure only tends to be noticed when it is absent, declining, or decrepit, or when enormous cost overruns, time delays, or citizen protests make the headlines. If infrastructure is indeed a fundamental driver of economic growth and social development, why is it so difficult to get right? In addressing this perennial question, this volume makes the case for a governance perspective on infrastructure.
In recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged as a result is the Resource Financed Infrastructure (RFI) model, a derivation of previous oil-backed lending models pioneered by several Western banks in Africa. Under a Resource Financed Infrastructure (RFI) arrangement, a loan for current infrastructure construction is securitized against the net present value of a future revenue stream from oil or mineral extraction. The model has been applied in several African countries, for a cumulative contract value of approximately
A comprehensive look at the emergence of infrastructure finance. Just as infrastructure development acts as a catalyst for economic growth, it is also changing the landscape for potential investors and the burgeoning field of infrastructure finance. Infrastructure systems for transportation, utilities, and public works are essential for economic growth and have quickly developed into an emerging alternative asset class. Infrastructure Finance examines how the activities associated with updating and creating efficient transportation and communications, reliable and affordable energy, clean wate.
Infrastructural time / Hannah Appel -- The future in ruins : thoughts on the temporality of infrastructure / Akhil Gupta -- Infrastructures in and out of time : the promise of roads in contemporary Peru / Penny Harvey -- The current never stops : intimacies of energy infrastructure in Vietnam / Christina Schwenkel -- Infrastructure, apartheid technopolitics, and temporalities of "transition" / Antina von Schnitzler -- A public matter : water, hydraulics, biopolitics / Nikhil Anand -- Promising forms : the political aesthetics of infrastructure / Brian Larkin -- Sustainable knowledge infrastructures / Geoffrey C. Bowker -- Infrastructure, potential energy, revolution / Dominic Boyer
The discussion of critical infrastructures is dominated by the use of the inter-linked concepts "criticality", "vulnerability", "resilience", and preparedness and prevention". These terms can be detected in public discourse as well as in scientific debates. Often, they are used simultaneously in a normative as well as in a descriptive way. The PhD candidates of the Interdisciplinary Research Training Group KRITIS at Technische Universität Darmstadt examine these concepts systematically one by one and discuss the links between them. They give a critical overview over the uses and limitations of these concepts. Informed by the approaches in science and technology studies, they focus on the interrelatedness of technology and society. The book aims at creating a common ground for interdisciplinary infrastructure research. The authors are from history, philosophy, political science, civil engineering, urban and spatial planning and computer science.