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INSIGHT: Brazil offers lessons for policymakers on optimizing infrastructure investments.

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As countries grow, they need better transportation, energy, and communications networks. But how should a country go about prioritizing these investments? Are there synergies from coordinating them? Should they be done simultaneously or sequentially? Two recent World Bank studies focusing on Brazil, a country that has rolled out massive infrastructure investments over the past decades address these questions. Economists tell us that infrastructure is key to development. Not only is infrastructure crucial for people to go about their daily lives, but it also has major impacts on productivity (think, e.g., electrification of production) and access to markets (through faster and cheaper transportation of goods). Even more importantly, infrastructure investments are needed for countries to transition from agrarian to more diversified industrial and service-oriented economies, offering more economic opportunities to improve living standards and reduce poverty. 3 KEY POLICY INSIGHTS FROM BRA
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REVIEW : Cost considerations in projects should go beyond the bottom line.

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In typical financial decision-making processes, spreadsheets are commonly used without substantial involvement from the design team, leading to a disconnect between project managers, cost consultants, and designers. This disconnect often results in friction and strained relationships.


Instead of adhering to traditional business practices, built environment designers should adopt a collaborative and transparent approach. By involving the entire team in understanding the project's sustainability priorities and opportunities, to foster a shared understanding and create a more cohesive working environment.


The full article can be read on THE RIBA JOURNAL follow our Whatsapp channel here for more hardhatREVIEWS.

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