Power up : investing in infrastructure to drive sustainable growth in emerging markets

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      <subfield code="a">Infrastructure will help support sustainable trend growth in the emerging markets over the coming decade. The COVID-19 pandemic will inflict a sharp growth slowdown in the near term (we forecast a 4.3-percentage-point slowdown in emerging market gross domestic product (GDP) growth in 2020 to 0.5%). The pandemic has also led to supply chain disruptions, weaker commodity and energy prices, and rising debts, which in turn will add to what was an already weakening longer-term outlook for the global and emerging economies. Further ahead, we project that emerging market annual gross domestic product growth will increase by 4.4% in 20212030, stronger than in the advanced markets (1%), but slower than 5.5% in 20102019. In a global slowdown environment, investment in infrastructure will be key to improving productivity and resilience in the emerging economies.</subfield>
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      <subfield code="a">Executive summary -- Key takeaways -- Infrastructure: the power behind sustainable growth -- The growth drivers of tomorrow's infrastructure -- Investment spend and infrastructure gap -- Financing infrastructure and closing the gap -- A more than USD-50-billion premium opportunity -- Conclusion</subfield>
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