The Hidden Cost of Infrastructure Development

Byline: Ahmad Rafay Alam Some politicians in developing countries are of the opinion that foreign investment is key to stimulating the local economy. Foreign investment is flown in and, to impress it, shown large highways, tall buildings and bridges as proof the nation is capable of doing something with the money it will receive. When the money comes, it is spent on more highways, tall buildings and bridges. This is the 'development' we are familiar with in our parts, but are we familiar with just how much such 'development' costs?