Mega Delusional: The Curse of the Megaproject
New Scientist, pp. 28-29.
3 Pages Posted: 19 Dec 2013 Last revised: 14 Jan 2014
Date Written: December 2, 2013
Abstract
As Brazil prepares to host the 2014 World Cup and the 2016 Olympics, money has become a key issue. Infrastructure work is expected to cost a budget busting $14.5 billion for each. In a show of outrage, Brazilians rioted, angered at the rising cost and scandals of these megaprojects among other things.
Article listed on SSRN's Top Ten Download List for Infrastructure (No. 1), Top Ten for Urban Infrastructure (No. 1), Top Ten for Latin American Economics (No. 1), Top Ten for Political Economy/Development (No. 1), and Top Ten for Urban Economics & Regional Studies (No. 3).
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