Lifting the Veil on Infrastructure Investment Data in Latin America and the Caribbean
Serebrisky, Tomás; Suárez-Alemán, Ancor; Pastor, Cinthya; Wohlhueter, Andreas
There is an evident need to consider how to assess investment in infrastructure in a homogeneous and standardized way. This technical note describes the existing alternatives to measure investment in infrastructure (section 2). Section 3 presents “Infralatam,” which is a joint initiative developed by the Inter-American Development Bank (IDB), the Development Bank of Latin America (CAF), and the United Nations Economic Commission for Latin America and the Caribbean(ECLAC) aimed at developing a methodology and database to improve the availability and quality of infrastructure investment data in Latin America and the Caribbean. The data is analyzed in section 4, together with some insights on the relation-ship between investment in infrastructure and infrastructure quality as well as budget deficits. Section 5 briefly summarizes some avenues for further research.