Rebuilding America: Infrastructure Investment Following the COVID-19 Recession
Author: Timothy Little.; Emily Feenstra.; Beth Ann Bovino.; Joseph Kane.
Source: Volume 42, Number 03, Fall 2021 , pp.29-44(16)
< previous article |next article > |return to table of contents
Abstract:
As the country recovers from the COVID-19 induced recession, there is renewed focus on infrastructure spending. The pandemic brought to the forefront many too often ignored issues. Beyond simply creating jobs, any infrastructure plan is likely also to address climate resiliency, social equity, and sustainability. The authors discuss the current state of U.S. infrastructure, consider how infrastructure spending can affect other public policy goals, and consider the economic impact of any new spending programs. This article is based on a panel by the same title presented at the 2021 Annual Conference of the National Federation of Municipal Analysts held virtually on May 12 and 13, 2021.Keywords: Infrastructure, public finance, federal policy, municipal market, COVID
Affiliations:
1: S&P Global Ratings; 2: American Society of Civil Engineers; 3: S&P Global Ratings; 4: Brookings Institution.