Author: Dr. David Ackah, Ph.D.
Golden Sunbeam University College of Science & Technology
Abstract
Why are the Western countries more advanced than many Asian countries? Why even China and South Korea have raced ahead of India and other Asian countries in the recent times? Or for that matter, why is India lagging behind many countries in terms of economic growth and poverty? There are many reasons and answers to these questions and one of them is the fact that all these nations have very good physical infrastructure. Indeed, the fact that they have better roads, ports, highways, airports, and other elements of infrastructure is one of the reasons why they have clocked faster economic growth.
Keywords: Economic Development, Economic Infrastructure, Country Economic Growth