If infrastructure could be improve, could countries compete in the real world economy?

Infrastructure is an extremely important entity, it is essential for the development of a country. It helps to maintain the basic standard of living by maintaining important services to the local population such as a clean water supply, roads, sanitation, telecommunication and electric. These services lead to improved health, access to education, and are ultimately the “motor” for economic growth. Other countries will not be as interested in investing in a country that does not have a good railway or road system, because of the lack and ease of accessibility to move around goods and supplies. For most countries, investments allow for that economic growth to happen.

A reason, also, as to why countries with lack of infrastructure are struggling to jump on to the globalization train, is that they are just trying to find the means in order to survive. Without living with clean water or sanitation, people are more likely to become ill, and therefore unable to work. Then for those who are able to, have a difficult time getting to their place of occupation due to the lack of sufficient transportation systems and roadways.

If more governments in areas, such as in the Third World, were to invest in establishing a stronger and more improved infrastructure foundation for their country, not only would the standard of living increase, it would also benefit the whole of the country economically. With people healthy enough and able enough to work, they are now able to start buying supplies and products, which in turn, circulates the money throughout the economy.

Once the economy becomes more solidified within the country, they can start redirecting their thoughts to the global world. They can start manufacturing and producing products that can be exported and traded for other needed goods that are not being produced within the country. They can begin to compete in the globalized economy.

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