ructures. It seems very likely that the changes will necessitate a thorough review of the strategic objectives, financing mechanisms, risk- and burden-sharing (both among stakeholders and across society), management methods, planning procedures and operating modes currently in place - in short, a re-examination of the prevailing infrastructure business models and their long-term viability. Needless to say, that viability is inextricably intertwined with the policy environment and the governance context in which infrastructures are developed. The next stage of this Project will therefore INFRASTRUCTURE TO 2030: TELECOM, LAND TRANSPORT, WATER AND ELECTRICITY - ISBN 92-64-02398-4 - © OECD 2006 1. A CROSS-SECTORAL PERSPECTIVE ON THE DEVELOPMENT OF GLOBAL INFRASTRUCTURES TO 2030 focus on the likely evolution of the business models prevailing today, the pressures for adaptation, the potential for innovation, and the kind of policy frameworks that will need to be implemented if infrastructures are to play in full the role required of them in supporting and enhancing economic and social development worldwide. Bibliography APERC (2003), "Energy Investment Outlook for the APEC Region", Asia Pacific Energy Research Center, Tokyo. Aschauer, D.A. (1989), "Is Public Expenditure Productive?", Journal of Monetary Economics, Vol. 23, March. DTI Forersight (2006), "Intelligent Infrastructure Futures", Office of Science and Technology, United Kingdom, www.foresight.gov.uk. Fay, M. and T. Yepes (2003), "Investing in Infrastructure: What is Needed from 2000 to 2010?", World Bank Working Paper, No. 3103. Gulli, F. (2006), "Small Distributed Generation versus Centralized Supply: A Social Cost-benefit Analysis in the Residential and Service Sectors", Energy Policy, 34, pp. 804-832. IEA (International Energy Agency), World Energy Outlook 2004, Paris. Rosengrant, M.W., X. Cai and S. Cline (2002), Global Water Outlook to 2025: Averting an Impending Crisis, IFPRI, Washington, DC. United States (2001), "National Energy Policy", Report of the