@calestous Countries have great infrastructure due to high PRODUCTIVITY. They don't have high productivity due to great INFRASTRUCTURE.
Roads to Power: Britain Invents the Infrastructure State http://www.amazon.com/dp/0674057597/ref=cm_sw_r_tw_awdo_xOGmwb1AW6J6F …https://twitter.com/IruraMwongera/status/659698933397135360 …
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@IruraMwongera What does "great infrastructure" means? What is the opposite? -
@calestous This is misguided. What we need even more is FACTORIES. -
@IruraMwongera My knowledge is quite limited on these issues. Please forgive my ignorance.
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@calestous Need to have FACTORIES. There is big difference btw access, n obsession with 1st world infrastructure. -
@IruraMwongera Who exactly to you say has the obsession? Such statements are rhetoric without attribution. Infrastructure evolves. -
@calestous What do u cal increasing $ loans by 30% (400B) to finance one rail while manfng is only 9% of GDP? How will this help PRODUCTION? -
@IruraMwongera I have seem poor investment decision is factories but that doesn't make manufacturing wrong.
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@calestous Infrastructure is not producer by itself. Just boosts existing production.PRODUCTION is where to start for Africa. Esp INDUSTRIAL -
@IruraMwongera How do you define infrastructure? -
@calestous Is generally physical "investments" which aid in production. But like KE we already have the basic required.
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@calestous KTDA factories produce a lot of wealth n forex for KE. How many of them have tarmac? Almost non. Don't need expensive rd.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous Infrastructure is ok as long as can afford it. Way to create wealth to afford it is by PRODUCTION n export. Just like China didThanks. Twitter will use this to make your timeline better. UndoUndo
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