It is reasonable to suggest that new roads, power plants or water reservoirs must be built before existing ones — if they exist at all — run out of capacity. It is also reasonable to suggest that when new infrastructure is being built, it is both convenient and economical to build more than just attend to short-term forecasts.
Are democratic governments any good at building good infrastructure ahead of immediate demand (and thereby reaping the benefits arising of its effective utilisation)? When authoritarian governments decide to do it they often do so quite well. Is there something in the nature of democratic governments that constrains the building of good infrastructure?
Comments and opinions welcome.