http://www.orphanroad.com/blog/2008/05/what-developing-country Comments for "What is a Developing Country?" en http://www.orphanroad.com/blog/2008/05/what-developing-country <p>More and more, the answer is <a href="http://ft.onet.pl/0,9646,on_the_pot-holed_highway_to_hell,artykul_ft.html">the good ol' U.S. of A</a>: </p> <blockquote><p>There are lots of ways in which infrastructure inadequacy matters to the US but I would focus on two.</p> <p>First, it imposes a drag on economic growth. The private infrastructure is poor enough &#8211; broadband speeds lag behind other countries and mobile coverage is spotty. But much of the public infrastructure is unfit, a fact that was becoming clear even before Hurricane Katrina flooded New Orleans and a Minneapolis bridge collapsed during rush hour last year.</p> <p>Second, it presents an awful image of the US to investors and other visitors. The state of transport and communications infrastructure is a symbol of a nation&rsquo;s economic development and the US is starting to look like a third world country. In fact, scratch that. Many developing countries look and feel better.</p></blockquote> http://www.orphanroad.com/blog/2008/05/what-developing-country#comments transportation finance Sun, 11 May 2008 21:47:46 -0700 Frank 652 at http://www.orphanroad.com