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Conclusions and Policy Implications

In: Innovating with Infrastructure

Author

Listed:
  • Sumila Gulyani

Abstract

Changes in the global business environment are amplifying the impact of infrastructure on industrial performance and competitiveness. With the shift toward open markets, global trade, and internet-facilitated creation of increasingly competitive markets, firms are under pressure to enhance competitiveness. At the same time, structural changes in industrial organization – the shift from vertical integration toward complex production networks in which firms depend on each other, and the move toward lean production and just-in-time delivery systems with little room for error – make firm performance more vulnerable to poor infrastructure.128 These changes increase the cost for firms and governments of “doing nothing” about infrastructure.

Suggested Citation

  • Sumila Gulyani, 2001. "Conclusions and Policy Implications," Palgrave Macmillan Books, in: Innovating with Infrastructure, chapter 6, pages 165-171, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51044-9_6
    DOI: 10.1057/9780230510449_6
    as

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