Bridging The Infrastructure Gap: Assessing The Impact Of Critical Infrastructure Investments On Economic Growth In The United States And Emerging Markets

Abstract

Infrastructure is an important driver in economic development, promoting trade, increasing access to basic services, and enabling productivity, however, the infrastructure gap that many nations are facing has become detrimental, threatening their long-term economic growth and competitiveness. While emerging markets contend with deficient infrastructure systems that impede industrialization and social development, industrialized economies such as the United States suffer from inefficiencies triggered by deteriorating infrastructure and periods of underinvestment. The purpose of this review is to assess the impact of critical infrastructure investments on economic growth in the United States and emerging markets. The study revealed that infrastructure investment significantly boosts economic development. Modernizing infrastructure in the United States enhances productivity and competitiveness globally, especially across sectors. Therefore, bridging the infrastructure gap is essential for promoting economic development and sustaining long-term growth.