Infrastructure is the basic facilities, services and systems that a country, city, or other areas, need for its society and economy to function. These include various physical structures used by many industries to produce goods and services. Infrastructure can be of two types, social, or economic infrastructure, with some amount of overlap between the two. The former include schools, hospitals etc., while in the latter constitutes of energy, water, transport, and digital communications, often considered essential ingredients in the growth of the modern economy. Infrastructure affects the economy’s output in two main ways: (i) directly through the construction sector and as investments used by the production process of other sectors; and (ii) indirectly, raising the productivity of all economic activities by reducing transportation and other transaction costs thus allowing a more efficient use of inputs. As infrastructure is an essential contributor to economic performance, policy decisions on public investments must gauge its impacts in different aspects of growth.

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In a historic 7-1 decision, the U.S. Supreme Court decided in Jam v. IFC that international organizations like the International Finance Corporation of the World Bank Group do not enjoy absolute immunity.

The Court’s decision marks a defining moment for the IFC – the arm of the World Bank Group that lends to the private sector. For years, the IFC has operated as if it were “above the law,” at times pursuing reckless lending projects that inflicted serious human rights abuses on local communities, and then leaving the communities to fend for themselves.

This will be the first time the US Supreme Court has addressed the scope of international organisations’ immunity.

Visit here to know all about the case.