by Vance Tan | Mar 28, 2014 | Economic impacts
Abstract A cornerstone of economic growth and development is a robust and functioning national infrastructure system. Concerns arising from the effects of infrastructure failure on the economy are beginning to raise important questions about the risks associated with...
by Vance Tan | Mar 28, 2014 | Energy
Abstract The UK’s energy infrastructure is set to come under increasing strain under from the twin pressures of climate change mitigation and impacts. Even while the UK struggles to transition its energy system away from high-carbon fossil fuels to low-carbon energy...
by Vance Tan | Mar 28, 2014 | Infrastructure systems
Abstract From the perspective of neo-classical economics, there is little to dispute that overall public investment in infrastructure and resultant economic growth is generally positively correlated although real effects are disputed, see for example Munnell (1992),...
by Vance Tan | Mar 28, 2014 | Economic impacts
Abstract Both the goals and the mechanisms of economics are deeply contested. There is no broad consensus on the capacity of economics to analyse social reality, or to prescribe measures to achieve whatever goals societies see as desirable – economic growth, social...
by Vance Tan | Mar 28, 2014 | Economic impacts
Abstract Matching water availability and demand is amongst the most pressing environmental challenges in the twenty-first century (Rockstrom et al., 2009, Vörösmarty et al., 2010). Water scarcity can limit productivity and economic growth and, at the same time,...