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WORLD ECONOMIC FORUM
Extensive and efficient infrastructure is critical for ensuring the effective functioning of the economy, as it is an important factor determining the location of economic activity and the kinds of activities or sectors that can develop in a particular instance. Well-developed infrastructure reduces the effect of distance between regions, integrating the national market and connecting it at low cost to markets in other countries and regions.
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Tags: 12 Pillars of Competitiveness, Center for Global Competitiveness and Performance, Global Competitiveness, Thierry Geiger, World Economic Forum
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Accountability, Aging Infrastructure, Competitiveness, Energy, Environment, Global, Infra Views, Policy, Public Transportation, Recession, Schools, Seaports, Smart Grid, Smart Growth, Sustainability, Technology, Transit
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