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How will the improvement of infrastructure promote the economic development of the east African community partner states?
Wiki User
∙ 10y ago
The definition of Economic development includes not only the effective & efficient employment of the scarce resources but also sustainable development of the resources. Economic development also includes the development of human capital as inputs for production of goods & services to increase national income for which the well beings of the people by health,education,freedom & the avaliability of choices for the people in any nation.
The infrastructure for economic production of goods & services that need to be looked into are resource development namely:
1. Power sector (electricity)
2. Irrigation
3.Transportation.
4.Communication
5. Technology (R&D)
5 Human Capital Development
In a developing economy of East African Community partner states can contribute or co partner in the development of all the mentioned resources. However, political stability & government policies play an important role that must not be ignored.
Wiki User
∙ 10y ago
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How will the improvement of infrastructure promote the economic development of East African Community partner states?
The improvement of infrastructure will promote the economic development of East African Community partner states in various ways. The roads and transport sectors will help ease movement whih facilitates trade.
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What has the author Odeyar D Heggade written?
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Infrastructure means the basic facilities which are necessary for the development of a nation. Economic infrastructure is the combination of basic facilities which is helpful in economic development of an economy and businesses. It includes facilities of telecommunication, electricity, transportation, energy etc. Social infrastructure is the combination of basic facilities which are necessary for human development. It includes health (hospitals), education (school, colleges etc.) and housing. Both of these infrastructures are complementary to each other and are necessary for the overall development of an economy.
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Which kinds of activities have been undertaken by the Govt. of Bangladesh for development of economic infrastructure in the last 10 years?
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The fundamental services and facilities required for any social and economic development are called infrastructures of development.
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Some features of national development include economic growth, social progress, political stability, infrastructure development, education and healthcare improvement, environmental sustainability, and technological advancement. These aspects are essential for a country to achieve overall growth and well-being for its citizens.
What has the author Roland Andersson written?
Roland Andersson has written: 'The economic evaluation of master city plans' -- subject(s): City planning, Community development, Urban, Economic aspects, Economic aspects of City planning, Economic aspects of Urban community development, Urban Community development
