Infrastructure Development in Global Economic Meltdown;
Date
2011Author
Ogbonna, Achimba C.
Akujuru, Victor A.
Type
ArticleLanguage
enMetadata
Show full item recordAbstract
The current global economic meltdown has major roots in real estate with the construction subsector
being a very important economic indicator but also reacting faster to a recession arising from the usual
resultant credit squeeze. As a response to recession, economic theorists recommend, among other
things, investment in public goods such as infrastructure which itself is part of real estate. In agreement
and to cope with the meltdown, this paper reviews the peculiarities of developing infrastructure and
recommends the appropriate role for the built environment, and especially, real estate professional from a
developing country perspective.
Citation
Africa habita reviewPublisher
Department of Project Management Technology Federal University of Technology Oweri, Nigeria