Finance & Fury Podcast

Welcome to Finance and Fury, The Furious Friday Edition   Today – SDG9 - How infrastructure spending helps an economy - Anyone who knows basic economic and GDP has learnt that Infrastructure spending leads to GDP growth – so the theory says – Very hard to measure benefits/gains – Direct through spending in GDP equation – flow on effects Go through Economic theory backing this – stimulus spending for GDP growth – First – estimates Research provided from McKinsey and UN – MK established the Global Infrastructure Initiative (GII) in 2012 MK Two reports – 2015 to 2016 – World spent $9.5trn (14% GDP) $9.6trn follow year Transport, power, water, telcom – $2.5trn, Social infrastructure, oil and gas, mining – $2.4trn, Real estate - $4.65trn Spending trajectory points to a shortfall of about $350 billion a year to what we are told we need – but triples when including funds needed to meet the UN Sustainable Development Goals Report states – meeting is critical for the future of undersupplied regions such as Africa