recession, between $25 and $30 trillion of fresh infrastructure investment will be pumped into the global economy over the next two decades, said a major Canadian bank. In a new report, CIBC World Markets described it as governments all over the world “buying jobs”. Senior economist Benjamin Tal said: “And the infrastructure sector is where…
MARKETS: State spending on infrastructure could hit $35 trillion over the next 20 years, says CIBC
Posted on January 28, 2009 by EnergyAsia