Pre-Investment in Infrastructure in Latin America and the Caribbean: Case Studies from Chile, Mexico, Peru, and Uruguay
Peer Reviewed
Date issued
Jan 2015
Subject
Infrastructure Work;
Public Service;
Public Expenditure;
Investment;
Investment Project
JEL code
H1 - Structure and Scope of Government;
H4 - Publicly Provided Goods;
H5 - National Government Expenditures and Related Policies
Country
Chile;
Peru;
Mexico;
Uruguay
Category
Monographs
Evidence suggests that an "infrastructure gap" vis-à-vis other industrial and developing regions opened up in Latin America and the Caribbean (LAC) over the past two decades. The Inter-American Development Bank (IDB) conducted a public consultation process in 2013 during which several participating stakeholders from the public and private sectors analyzed the current situation. The paper concludes that there is room for feasible policy improvements in the pre-investment phase in LAC that would enhance infrastructure delivery, boost growth, and promote development in the region.
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