Strategically Leveraging Infrastructure and Financing Options for Sustainable Economic Growth in Resource-based Economies
Susan Smith Nash, Gary Stading, Larry R. Davis
Journal of Education, Society and Behavioural Science · pp. 1–12 · Published 3 Jun 2019
10.9734/jesbs/2019/v30i430135Abstract
This paper proposes solutions and next steps toward developing a balanced approach that strategically leverages existing infrastructure for a diversified economy and sustainable growth for resource-based economies. It includes expanding financing opportunities in these countries with a combination of infrastructure policies and energy technologies and capturing the opportunities using supply chain technologies. The goals are to avoid both “debt traps” and “Dutch Disease” by leveraging existing infrastructure within a plan that incorporates supply chain management the prudent use of available financing and strategic partnership, such as China’s Belt and Road Initiative and Saudi Arabia’s Vision 2030.
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