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Tugas 3 Bahasa Inggris Niaga
Tugas 3 Bahasa Inggris Niaga
Nim : 044076348
Prodi : Manajemen
Infrastructure plays a crucial role in fostering economic development and societal well-being.
A country with inadequate infrastructure, such as damaged roads and limited health facilities,
is likely to face significant challenges in its economic growth. The repercussions of
insufficient infrastructure are multi-faceted and can impede various aspects of a nation's
economy.
Furthermore, insufficient infrastructure can deter foreign investment and limit economic
opportunities. Investors often seek stable environments with reliable infrastructure to ensure
the success of their ventures. A country lacking in this regard may struggle to attract foreign
direct investment, hindering economic expansion and job creation. In the long run, the
absence of sufficient infrastructure becomes a barrier to overall development, impacting
sectors ranging from education to commerce.
References:
- World Economic Forum. (2019). "The Global Competitiveness Report 2019." Retrieved
from https://www.weforum.org/reports/global-competitiveness-report-2019
- Aschauer, D. A. (1989). "Is public expenditure productive?" Journal of Monetary
Economics, 23(2), 177-200.