Tuesday, January 26, 2010

Inexpensive Capital Stock that might increase productivity in India

Hyderabad does not have many sidewalks--even where it is building wide roads. Lots of streets in Europe don't have sidewalks either, but they are so narrow that cars drive slowly, meaning that cars and pedestrians can co-exist without separation.

But here, walking can be down right scary. I will upload some pictures later. While I understand that resources are scarce here (investments in water, sanitation and education likely dominate everything else), I really do wonder where, from a capital budgeting perspective, sidewalks would rank.

1 comment:

John said...

Hope you can post the pics here. Glad to know more about India' situation but scarcity is something to upgrade. We have common things in our country.