Infrastructure in Latin America and the Caribbean

Infrastructure in Latin America and the Caribbean PDF Author: Marianne Fay
Publisher: World Bank Publications
ISBN: 0821366777
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
This book reviews Latin America's experience with infrastructure reform over the last fifteen years. It argues that the region's infrastructure has suffered from public retrenchment and unrealistic expectations about private involvement. Poor infrastructure now hampers productivity, growth, and poverty reduction. Addressing this requires more and better spending, and acceptance that governments remain central to infrastructure provision and supervision, although the private sector still has an important role to play.

Infrastructure in Latin America and the Caribbean

Infrastructure in Latin America and the Caribbean PDF Author: Marianne Fay
Publisher: World Bank Publications
ISBN: 0821366777
Category : Business & Economics
Languages : en
Pages : 148

Get Book Here

Book Description
This book reviews Latin America's experience with infrastructure reform over the last fifteen years. It argues that the region's infrastructure has suffered from public retrenchment and unrealistic expectations about private involvement. Poor infrastructure now hampers productivity, growth, and poverty reduction. Addressing this requires more and better spending, and acceptance that governments remain central to infrastructure provision and supervision, although the private sector still has an important role to play.

From Structures to Services

From Structures to Services PDF Author: Eduardo Cavallo
Publisher:
ISBN: 9781597824002
Category :
Languages : en
Pages :

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Book Description


Infrastructure in Latin America and the Caribbean

Infrastructure in Latin America and the Caribbean PDF Author: Marianne Fay
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Rethinking Infrastructure in Latin America and the Caribbean

Rethinking Infrastructure in Latin America and the Caribbean PDF Author: Marianne Fay
Publisher: World Bank Publications
ISBN: 1464811024
Category : Business & Economics
Languages : en
Pages : 121

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Book Description
Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries’ goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the ‘infrastructure gap’ notion, favoring an approach built on identifying the ‘service gap’. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region’s electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region—climate change, increased demand and urbanization—that will put increasing pressure on infrastructure and policy makers alike. Improving the region’s infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector †“ in the form of broader government issues—from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things.

Meeting the Infrastructure Challenge in Latin America and the Caribbean

Meeting the Infrastructure Challenge in Latin America and the Caribbean PDF Author:
Publisher: World Bank Publications
ISBN: 9780821330289
Category : Business & Economics
Languages : en
Pages : 68

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Book Description
The countries of Latin America and the Caribbean (LAC) stand at a point of transition. During the 1980s in the face of the unavoidable need to correct macroeconomic imbalances, economic growth largely came to a halt, some of the poor became poorer, and not only new investment but even routine maintenance of economic infrastructure was often neglected or deferred. This report suggests a number of ideas to help countries address their infrastructure challenges, including a variety of models for structuring the participation of domestic and international private capital. The report also states the World Bank's commitment to serve as a proactive catalyst for mobilizing private capital for improved infrastructure service provision in LAC. The World Bank will intensify efforts toward policy and regulatory reform and contribute financial resouces or provide guarantees to help strenghten infrastructurae in LAC.

Highways to Heaven

Highways to Heaven PDF Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1475536747
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in the region and highlights key areas in which infrastructure networks can be enhanced. The public and private sectors play complementary roles in improving the infrastructure network. Therefore, it is critical to strengthen public investment management processes as well as the regulatory framework, including to ensure an appropriate mix of financing and funding for projects and to address environmental concerns.

Infrastructure in Latin America and the Caribbean

Infrastructure in Latin America and the Caribbean PDF Author: Sri-Ram Aiyer
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 42

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Book Description


The Impact of Private Sector Participation in Infrastructure

The Impact of Private Sector Participation in Infrastructure PDF Author: Luis A. Andres
Publisher: World Bank Publications
ISBN: 0821374109
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Infrastructure plays a key role in fostering growth and productivity and has been linked to improved earnings, health, and education levels for the poor. Yet Latin America and the Caribbean are currently faced with a dangerous combination of relatively low public and private infrastructure investment. Those investment levels must increase, and it can be done. If Latin American and Caribbean governments are to increase infrastructure investment in politically feasible ways, it is critical that they learn from experience and have an accurate idea of future impacts. This book contributes to this aim by producing what is arguably the most comprehensive privatization impact analysis in the region to date, drawing on an extremely comprehensive dataset.

Report on the Latin American Information Infrastructure for Development, with Special Reference to the Caribbean

Report on the Latin American Information Infrastructure for Development, with Special Reference to the Caribbean PDF Author:
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 220

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Book Description


Financing the Future

Financing the Future PDF Author: Marianne Fay
Publisher: World Bank Publications
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 32

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Book Description
A model developed to predict demand for infrastructure in Latin America performs reasonably well for power and telecommunications, and less well for water and sanitation (for which data are scarce) and transport infrastructure (which is less closely related to per capita income). The model projects a doubling of telephone mainlines per capita, a steady increase in power infrastructure, steady growth in road infrastructure, and small increases in water and sanitation coverage. To assess five-year demand for infrastructure investment in Latin America and the Caribbean, and the private sector's role in meeting this demand, Fay developed a model to predict future demand for infrastructure, defined as what consumers and producers would ask for, given their income and level of economic activity.