Friday, January 9, 2009

Politics of Quadrilateral project

“One of the key reasons why infrastructure gets neglected, in the first place, is that there is very little political pay-off to filling potholes and repairing bridges, compared to spending that same money creating community centers, bike paths and other things” says economist Sowell. The BS editorial reports “the World Bank now has a report which speaks of huge delays, over-engineering of contracts, and a poor safety record during construction. The Bank now threatens to pull out hundreds of millions of dollars of commitments to NHDP projects.

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