Development Economics and Planning PowerPoint Presentation

Development Economics and Planning - PowerPoint Presentation Example Infrastructure is very vital for any economy, and a key difference that exists between the developed economy and a less developed one is only the quality of infrastructure. Most of the infrastructural developments involve a lot of capital where a lot of money is spent to put the infrastructure in place (Hanak & Reed, 2009). Planning for any infrastructure projects ensures that there exists a common understanding between the providers of the services, the developers, the council and the communities depending on the needs for the local infrastructure, when and how they will be provided. Even though planning for infrastructure has for a long period of time been a major consideration, its significance and the importance to demonstrate deliverability has in recent years gained eminence (Great Britain, 2008). Linked to the development tenders, infrastructure planning process helps in ensuring that the population of Worth has the proper access to services and facilities they require. A new planning charge system was introduced in the year 2010 referred to us community infrastructure levy as one of the development processes that enables the local authorities especially in England and Wales to collect funds form the developers who undertakes the new building tasks in the area. The amount of money collected is used in funding a number of infrastructures that are required as a result of development (Glaeser, 2012). The community infrastructure charging authorities who have the authority to impose charges on the levy in England include the unitary authorities, metropolitan districts, mayor of London among other bodies (Levy, 2011). All this listed bodies prepare development plans for their specific areas, informed by the evaluation of the infrastructural requirements that calls for the levy collection. On the importance of this tariff based development process, the government decided to