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date: 24 May 2019

Abstract and Keywords

Cycles of megaproject development are a common feature across a wide variety of infrastructure types, locations, and time periods. Over the past two centuries, new innovations in megaprojects have emerged in jurisdictions around the world, surged in popularity as they are adopted widely, and subsequently seen declining implementation as they deliver on their promised benefits, fail to meet expectations in a large number of places, or are usurped by the next wave of development. This chapter describes and explains the reasons for the emerge–surge–decline cycle of megaproject development, and reflects on the implications for policymakers and project planners.

Keywords: megaproject development, infrastructure, innovation, policy transfer, project planners

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