Infrastructure: Defining Matters

36 Pages Posted: 13 Jan 2016 Last revised: 28 Jun 2017

See all articles by Larry Beeferman

Larry Beeferman

Harvard University - Center for Labor and a Just Economy

Allan Wain

Harvard Law School

Date Written: January 12, 2016

Abstract

Abstract by Sir Rod Eddington AO, Chairman Infrastructure Australia

Infrastructure is critical to our economy, our community and our pursuit of a sustainable environment. But what do we mean by the term “infrastructure” and do different understandings of that term confuse our attempts to decide on our future investment and development priorities?

In this important paper “Infrastructure – Defining Matters”, Drs Beeferman and Wain explore how we should consider and define “infrastructure”. They focus on enterprise and people and argue that context is critical. It is an important contribution to our thinking on this crucial topic.

They use both formal analysis and practical application to inform this different approach. A number of US Pension Funds contributed to the analysis via a comprehensive survey.

Beeferman and Wain challenge our understanding and definition of “infrastructure”. They argue that understanding infrastructure’s important role in our society is key to informed analysis. Th at this provides a context for economic and community analysis in both developed and developing countries.

This paper is a very useful contribution to an issue that is increasingly important to economies and communities around the world.

Keywords: Infrastructure, Pension Funds, Defining

Suggested Citation

Beeferman, Larry and Wain, Allan, Infrastructure: Defining Matters (January 12, 2016). Available at SSRN: https://ssrn.com/abstract=2714308 or http://dx.doi.org/10.2139/ssrn.2714308

Larry Beeferman

Harvard University - Center for Labor and a Just Economy ( email )

MA
United States
617-999-9824 (Phone)

Allan Wain (Contact Author)

Harvard Law School ( email )

1557 Massachusetts Ave
6 Ever
Cambridge, MA 02138
United States

HOME PAGE: http://www.hls.harvard.edu

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