Infrastructure: The foundation for Sustainable Economic Development. A case study of Rwanda

SYLVIE NIBEZA

Abstract


Abstract

Infrastructure can broadly be defined as long-term physical assets that operate in markets with high barriers to entry and enable the provision of goods and services. The Economic infrastructure supports economic activity such as communication, transportation and distribution network, financial institutions and markets and energy supply systems. The Social Infrastructure is a subset of the infrastructure sector and typically includes assets that accommodate social such as schools, hospitals, prisons and community housing.

United Nation, in 2000, has defined eights goals named Millennium Development Goals (MDGs) that can be considered as mirror for the Sustainable Economic Development of any country.

It is certain that infrastructure plays a role on the Economic Development of a country because Governments and Private Sector invest in infrastructure in order to develop the economy. The present research aims to analyze the real impact of infrastructure on the Sustainable Economic Development in order to conclude whether infrastructure is the foundation of Sustainable Economic Development on which can be built the superstructure of a society including Culture, institutions, political power structure, roles, rituals, state and different economical activities.

The research found that infrastructure is the sure way of achieving MDGs. In fact, without strong infrastructure, MDGs as indicators of Sustainable Economic Development would be a dream and the Sustainable Economic Development never achieved.

 


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ISSN : 2251-1555