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Infrastructure
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===Regional differences=== The demand for infrastructure both by consumers and by companies is much higher than the amount invested.<ref name=ODI1/> There are severe constraints on the supply side of the provision of infrastructure in Asia.<ref>Peter McCawley (2010), '[http://apel.anu.edu.au/pdf/24-1/Articles/mccawley.pdf Infrastructure Policy in Developing countries'] {{Webarchive|url=https://web.archive.org/web/20151017001815/http://apel.anu.edu.au/pdf/24-1/Articles/mccawley.pdf |date=2015-10-17}}, ''Asian-Pacific Economic Literature'', 24(1), May. See also Asian-Pacific Economic Literature Policy Brief No 19, May 2010, on '[https://www.webcitation.org/64MYnL7A1?url=http://apel.anu.edu.au/pdf/24-1/Policy/mccawley.pdf Infrastructure policy in developing countries in Asia'].</ref> The infrastructure financing gap between what is invested in Asia-Pacific (around US$48 billion) and what is needed (US$228 billion) is around US$180 billion every year.<ref name=ODI1/> In Latin America, three percent of GDP (around US$71 billion) would need to be invested in infrastructure in order to satisfy demand, yet in 2005, for example, only around two percent was invested leaving a financing gap of approximately US$24 billion.<ref name=ODI1/> In Africa, in order to reach the seven percent annual growth calculated to be required to meet the [[Millennium Development Goals|MDGs]] by 2015 would require infrastructure investments of about fifteen percent of GDP, or around US$93 billion a year. In [[fragile state]]s, over thirty-seven percent of GDP would be required.<ref name=ODI1/>
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