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原文传递 CONSTRUCTION IN DEVELOPING NATIONS FACES EXTRA CHALLENGES

题名：	CONSTRUCTION IN DEVELOPING NATIONS FACES EXTRA CHALLENGES
正文语种：	eng
作者：	Gordon Feller
摘要：	Western construction companies that focus on highways - in construction/ engineering, in finance, and concessionaires - face many challenges as they expand into the Global South. Corruption, while certainly present in the developed west, is generally hidden in a more sophisticated manner than in developing nations. For construction companies looking to handle contracts in the developing world, this issue remains a challenge. Political instability also provides a threat for contractors working in certain parts of the world. Recent coups in Gabon and Niger have reminded many executives who focus on Africa that the situation has not changed much: the whole continent is politically and militarily highly unstable. In the rest of West Africa, Ghana faces severe economic and financial challenges, indicated by 20-year high inflationary trends, local currency depreciation, dwindling foreign reserves, and rising debt vulnerabilities. These factors raise the prospect of political instability in the country. Elsewhere, Nigeria's president, Bola Tinubu, will face urgent challenges amid economic hardship, record unemployment and inflation, increasing social inequality, and diminishing oil revenues. These issues highlight the country's precarious future and could lead to violence and security challenges unless addressed. Nigeria's security environment is compounded by the risk of terrorism, which has a high score of 8.3, according to the independently published "World Risk Review" - a result surpassed only by a handful of territories globally.
出版年：	2023
期刊名称：	World highways
卷：	32
期：	Nov./Dec.
页码：	20-22