how high-grade infrastructure and telecomunications can bring peace , stability and harmonious growth in. developing country...

how high-grade infrastructure and telecomunications can bring peace , stability and harmonious growth in. developing country ?

please explain your answer

Expert Solution

Infrastructure includes vital services and facilities such as good water systems, telecommunications, airports roads, power generation, sewage treatment, etc; and these have major impact on industry's international competitiveness. The dearth of any of these facilities mostly can negatively affect the process to achieve economic growth. For example if the road conditions are bad in a developing nation like India, Pakistan, Srilanka it is obvious that the goods cannot be transported from one nation to another, and additionally if the communication systems are poor or does not even exist, then the ability to organize economic activity in developing nation becomes seriously limited.

An improved infrastructure and telecommunication for poor farmers will reduce their cost of input and improve the agricultural production and decrease the traders’ monopoly by improving their market access. So improved transport means higher access to public resources including hospitals, schools, and other health facilities; which means an economic growth for the country. Low infrastructure and telecommunications leads to low productivity which again leads to low income; thus a good investment removes the vicious circle of poverty. On contrary, the advancements in the infrastructure and telecommunications would increase employment opportunities and strengthened economic growth

Rahul Sunny answered 1 year ago

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