underinvestment
Noun
Meaning
underinvestment (countable and uncountable, plural underinvestments)
An insufficient investment.
Examples
But years of underinvestment in state oil firm PdVSA and the use of it as a state piggy bank to be raided at will, meant that the country’s economy and oil sector were already in poor shape before prices tanked.
‘This chronic underinvestment has led to the Island missing opportunity after opportunity that would have benefited our community in manifold ways, both economic and social.’
However, Anstee also said chronic underinvestment needs to be tackled for customers to see real change.
“The system is overwhelmed and this is a direct result of rising cases and underinvestment.