Airport Economics in Latin America and the Caribbean : Benchmarking, Regulation, and Pricing
This report presents the findings of a first-ever, comprehensive study of how Latin America and the Caribbean (LAC) region airports have evolved during a notable period of transition in airport ownership. It is an unbiased, positive analysis of wha...
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| Format: | Publication |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120109011612 http://hdl.handle.net/10986/2389 |
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okr-10986-2389 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO AIRPORTS ACCOUNTABILITY ACCOUNTING ACCOUNTING MANUALS ADEQUATE INVESTMENT ADEQUATE REPRESENTATION AERONAUTICAL CHARGES AERONAUTICAL TARIFF AERONAUTICAL TARIFFS AIR AIR CARGO AIR CARGO TRAFFIC AIR FREIGHT AIR NAVIGATION AIR TRAFFIC AIR TRAFFIC CONTROL AIR TRAFFIC CONTROL SYSTEM AIR TRANSPORT AIR TRANSPORT ASSOCIATION AIR TRANSPORT DEMAND AIR TRANSPORT INFRASTRUCTURE AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIR TRAVEL AIRBUS AIRCRAFT AIRCRAFT MOVEMENTS AIRCRAFT PARKING AIRCRAFTS AIRLINE AIRLINES AIRPORT AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT INDUSTRY AIRPORT INFRASTRUCTURE AIRPORT INVESTMENT AIRPORT INVESTMENTS AIRPORT MANAGEMENT AIRPORT OPERATIONS AIRPORT OPERATOR AIRPORT OPERATORS AIRPORT OWNERSHIP AIRPORT REGULATION AIRPORT RUNWAY AIRPORT SECTOR AIRPORT SERVICE AIRPORT SERVICES AIRPORT TARIFFS AIRPORT TERMINAL AIRPORT TRAFFIC AIRPORT TRAFFIC REPORT AIRPORTS AIRPORTS CONCESSION AUTONOMY BRIDGE CAPITAL COSTS CAPITAL FLOWS CARGO AIRCRAFT CARGO HUB CARGO TRAFFIC CITY AIRPORT CIVIL AVIATION CIVIL AVIATION AUTHORITY CLIMATE CHANGE CONCESSION CONTRACTS CONCESSION SCHEME CONCESSIONAIRES CONSTRUCTION CONSUMER PRICE INDEX COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST OF CAPITAL DEMONSTRATION EFFECTS DEREGULATION DEVELOPING COUNTRIES DIVESTITURE DOMESTIC PASSENGERS DOMESTIC TRAFFIC DRIVERS DUE DILIGENCE ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REGULATION ECONOMICS ECONOMICS OF INFRASTRUCTURE ECONOMIES OF SCALE EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS ELASTICITY ELASTICITY OF DEMAND EMPLOYMENT EXCHANGE RATE FINANCIAL CLOSURE FINANCIAL CRISES FINANCIAL EFFICIENCY FINANCIAL SUPPORT FINANCING SOURCES FLEETS FREIGHT FUEL FUEL PRICES GENERATION GOVERNMENT OWNERSHIP GROWTH IN DEMAND GROWTH IN PASSENGER DEMAND GROWTH RATES HANDLING HUB AIRPORTS INCOME INCOME ELASTICITY INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INTERNATIONAL AIR TRANSPORT INTERNATIONAL AIR TRANSPORT ASSOCIATION INTERNATIONAL AIRPORT INTERNATIONAL AIRPORTS INTERNATIONAL CIVIL AVIATION INTERNATIONAL CIVIL AVIATION ORGANIZATION INTERNATIONAL FLIGHTS INTERNATIONAL PASSENGERS INTERNATIONAL TRADE INTERNATIONAL TRAFFIC INVESTMENT CLIMATE LABOR COSTS LANDING LARGE CITIES LEASE CONTRACT LEASE CONTRACTS LOWER TARIFFS MINISTRY OF TRANSPORT NATIONAL CIVIL AVIATION AGENCY NAVIGATION CHARGES NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATING COSTS OPERATING MARGINS OPERATION AND MAINTENANCE OPERATION OF AIRPORTS PASSENGER AIRCRAFT PASSENGER NUMBERS PASSENGER TRAFFIC PASSENGERS PASSENGERS PER EMPLOYEE PERFORMANCE INDICATORS PRIVATE AIRPORT OPERATORS PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE FINANCING PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENT IN AIRPORTS PRIVATE INVESTMENTS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCTIVITY PSP PUBLIC INVESTMENT PUBLIC POLICIES PUBLIC SECTOR PUBLIC-PRIVATE PARTNERSHIPS RAIL RAILWAYS RANGE RATE OF RETURN REFERENCE REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REMOTE REVENUE PER PASSENGER ROAD ROADS RUNWAY SAVINGS SINGLE CONCESSION SQUARE SUBSIDIARY SURCHARGES SUSTAINABLE DEVELOPMENT TARIFF STRUCTURE TAX TAX LAWS TERMINAL TERMINALS TRADE FLOWS TRAFFIC DEMAND TRAFFIC GROWTH TRAFFIC MOVEMENT TRANSPARENCY TRANSPORT ALTERNATIVES TRANSPORT INFRASTRUCTURE TRANSPORT MANAGEMENT TRANSPORT MARKET TRANSPORT PROJECTS TRANSPORT RESEARCH TRANSPORT SERVICES TRANSPORTS TRAVELERS TRUE UPPER URBAN TRANSPORT UTILITIES WATER DISTRIBUTION |
| spellingShingle |
ACCESS TO AIRPORTS ACCOUNTABILITY ACCOUNTING ACCOUNTING MANUALS ADEQUATE INVESTMENT ADEQUATE REPRESENTATION AERONAUTICAL CHARGES AERONAUTICAL TARIFF AERONAUTICAL TARIFFS AIR AIR CARGO AIR CARGO TRAFFIC AIR FREIGHT AIR NAVIGATION AIR TRAFFIC AIR TRAFFIC CONTROL AIR TRAFFIC CONTROL SYSTEM AIR TRANSPORT AIR TRANSPORT ASSOCIATION AIR TRANSPORT DEMAND AIR TRANSPORT INFRASTRUCTURE AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIR TRAVEL AIRBUS AIRCRAFT AIRCRAFT MOVEMENTS AIRCRAFT PARKING AIRCRAFTS AIRLINE AIRLINES AIRPORT AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT INDUSTRY AIRPORT INFRASTRUCTURE AIRPORT INVESTMENT AIRPORT INVESTMENTS AIRPORT MANAGEMENT AIRPORT OPERATIONS AIRPORT OPERATOR AIRPORT OPERATORS AIRPORT OWNERSHIP AIRPORT REGULATION AIRPORT RUNWAY AIRPORT SECTOR AIRPORT SERVICE AIRPORT SERVICES AIRPORT TARIFFS AIRPORT TERMINAL AIRPORT TRAFFIC AIRPORT TRAFFIC REPORT AIRPORTS AIRPORTS CONCESSION AUTONOMY BRIDGE CAPITAL COSTS CAPITAL FLOWS CARGO AIRCRAFT CARGO HUB CARGO TRAFFIC CITY AIRPORT CIVIL AVIATION CIVIL AVIATION AUTHORITY CLIMATE CHANGE CONCESSION CONTRACTS CONCESSION SCHEME CONCESSIONAIRES CONSTRUCTION CONSUMER PRICE INDEX COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST OF CAPITAL DEMONSTRATION EFFECTS DEREGULATION DEVELOPING COUNTRIES DIVESTITURE DOMESTIC PASSENGERS DOMESTIC TRAFFIC DRIVERS DUE DILIGENCE ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REGULATION ECONOMICS ECONOMICS OF INFRASTRUCTURE ECONOMIES OF SCALE EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS ELASTICITY ELASTICITY OF DEMAND EMPLOYMENT EXCHANGE RATE FINANCIAL CLOSURE FINANCIAL CRISES FINANCIAL EFFICIENCY FINANCIAL SUPPORT FINANCING SOURCES FLEETS FREIGHT FUEL FUEL PRICES GENERATION GOVERNMENT OWNERSHIP GROWTH IN DEMAND GROWTH IN PASSENGER DEMAND GROWTH RATES HANDLING HUB AIRPORTS INCOME INCOME ELASTICITY INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INTERNATIONAL AIR TRANSPORT INTERNATIONAL AIR TRANSPORT ASSOCIATION INTERNATIONAL AIRPORT INTERNATIONAL AIRPORTS INTERNATIONAL CIVIL AVIATION INTERNATIONAL CIVIL AVIATION ORGANIZATION INTERNATIONAL FLIGHTS INTERNATIONAL PASSENGERS INTERNATIONAL TRADE INTERNATIONAL TRAFFIC INVESTMENT CLIMATE LABOR COSTS LANDING LARGE CITIES LEASE CONTRACT LEASE CONTRACTS LOWER TARIFFS MINISTRY OF TRANSPORT NATIONAL CIVIL AVIATION AGENCY NAVIGATION CHARGES NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATING COSTS OPERATING MARGINS OPERATION AND MAINTENANCE OPERATION OF AIRPORTS PASSENGER AIRCRAFT PASSENGER NUMBERS PASSENGER TRAFFIC PASSENGERS PASSENGERS PER EMPLOYEE PERFORMANCE INDICATORS PRIVATE AIRPORT OPERATORS PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE FINANCING PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENT IN AIRPORTS PRIVATE INVESTMENTS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCTIVITY PSP PUBLIC INVESTMENT PUBLIC POLICIES PUBLIC SECTOR PUBLIC-PRIVATE PARTNERSHIPS RAIL RAILWAYS RANGE RATE OF RETURN REFERENCE REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REMOTE REVENUE PER PASSENGER ROAD ROADS RUNWAY SAVINGS SINGLE CONCESSION SQUARE SUBSIDIARY SURCHARGES SUSTAINABLE DEVELOPMENT TARIFF STRUCTURE TAX TAX LAWS TERMINAL TERMINALS TRADE FLOWS TRAFFIC DEMAND TRAFFIC GROWTH TRAFFIC MOVEMENT TRANSPARENCY TRANSPORT ALTERNATIVES TRANSPORT INFRASTRUCTURE TRANSPORT MANAGEMENT TRANSPORT MARKET TRANSPORT PROJECTS TRANSPORT RESEARCH TRANSPORT SERVICES TRANSPORTS TRAVELERS TRUE UPPER URBAN TRANSPORT UTILITIES WATER DISTRIBUTION Serebrisky, Tomas Airport Economics in Latin America and the Caribbean : Benchmarking, Regulation, and Pricing |
| geographic_facet |
Latin America & Caribbean Caribbean Latin America |
| relation |
Directions in Development ; infrastructure |
| description |
This report presents the findings of a
first-ever, comprehensive study of how Latin America and the
Caribbean (LAC) region airports have evolved during a
notable period of transition in airport ownership. It is an
unbiased, positive analysis of what happened, rather than a
normative analysis of what should be done to reform and to
attract private sector participation to the airport sector.
It takes the first step to respond to the need for more
conclusive information about the influence of airport
ownership on economic performance. The report centers on the
study of three dimensions of performance: productive
efficiency, institutional setup for the governance of the
sector, and financing. This multifaceted report uses a range
of advanced quantitative and qualitative methods to assess
the relationship between airport ownership and performance
in the LAC region. After a comprehensive overview, chapters
1 and 2 provide the necessary background for the air
transport sector and the evolution of private sector
participation and investment in airport infrastructure. In
chapter 3, questionnaires submitted to airport operators and
regulators led to the creation of the unique data sets,
which were first used to compare performance across 14
partial performance indicators, and next used to develop
aggregate measures of efficiency necessary for the
benchmarking exercise. In chapter 4, a qualitative study of
the relationship between type of regulating agency
(independent or government-led) and transparency,
accountability, and bureaucracy provides insight into how
recent reforms have also affected the quality of regulatory
governance. Chapter 5 provides an in-depth analysis of the
evolution of tariff structures in the region as compared to
a sample of international airports. Several important topics
were not included in this report but should be the focus of
future research. In particular, the evolution of the quality
of services in airports deserves greater attention, as
airports are increasingly becoming business centers and key
gateways for trade competitiveness. The other main topic
that requires detailed practical research is climate change
and its relationship with the airport sector. |
| format |
Publications & Research :: Publication |
| author |
Serebrisky, Tomas |
| author_facet |
Serebrisky, Tomas |
| author_sort |
Serebrisky, Tomas |
| title |
Airport Economics in Latin America
and the Caribbean : Benchmarking, Regulation, and Pricing |
| title_short |
Airport Economics in Latin America
and the Caribbean : Benchmarking, Regulation, and Pricing |
| title_full |
Airport Economics in Latin America
and the Caribbean : Benchmarking, Regulation, and Pricing |
| title_fullStr |
Airport Economics in Latin America
and the Caribbean : Benchmarking, Regulation, and Pricing |
| title_full_unstemmed |
Airport Economics in Latin America
and the Caribbean : Benchmarking, Regulation, and Pricing |
| title_sort |
airport economics in latin america
and the caribbean : benchmarking, regulation, and pricing |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120109011612 http://hdl.handle.net/10986/2389 |
| _version_ |
1764385368443977728 |
| spelling |
okr-10986-23892021-04-23T14:02:01Z Airport Economics in Latin America and the Caribbean : Benchmarking, Regulation, and Pricing Serebrisky, Tomas ACCESS TO AIRPORTS ACCOUNTABILITY ACCOUNTING ACCOUNTING MANUALS ADEQUATE INVESTMENT ADEQUATE REPRESENTATION AERONAUTICAL CHARGES AERONAUTICAL TARIFF AERONAUTICAL TARIFFS AIR AIR CARGO AIR CARGO TRAFFIC AIR FREIGHT AIR NAVIGATION AIR TRAFFIC AIR TRAFFIC CONTROL AIR TRAFFIC CONTROL SYSTEM AIR TRANSPORT AIR TRANSPORT ASSOCIATION AIR TRANSPORT DEMAND AIR TRANSPORT INFRASTRUCTURE AIR TRANSPORT MARKET AIR TRANSPORT SECTOR AIR TRAVEL AIRBUS AIRCRAFT AIRCRAFT MOVEMENTS AIRCRAFT PARKING AIRCRAFTS AIRLINE AIRLINES AIRPORT AIRPORT CAPACITY AIRPORT CHARGES AIRPORT CONCESSIONS AIRPORT EFFICIENCY AIRPORT INDUSTRY AIRPORT INFRASTRUCTURE AIRPORT INVESTMENT AIRPORT INVESTMENTS AIRPORT MANAGEMENT AIRPORT OPERATIONS AIRPORT OPERATOR AIRPORT OPERATORS AIRPORT OWNERSHIP AIRPORT REGULATION AIRPORT RUNWAY AIRPORT SECTOR AIRPORT SERVICE AIRPORT SERVICES AIRPORT TARIFFS AIRPORT TERMINAL AIRPORT TRAFFIC AIRPORT TRAFFIC REPORT AIRPORTS AIRPORTS CONCESSION AUTONOMY BRIDGE CAPITAL COSTS CAPITAL FLOWS CARGO AIRCRAFT CARGO HUB CARGO TRAFFIC CITY AIRPORT CIVIL AVIATION CIVIL AVIATION AUTHORITY CLIMATE CHANGE CONCESSION CONTRACTS CONCESSION SCHEME CONCESSIONAIRES CONSTRUCTION CONSUMER PRICE INDEX COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST OF CAPITAL DEMONSTRATION EFFECTS DEREGULATION DEVELOPING COUNTRIES DIVESTITURE DOMESTIC PASSENGERS DOMESTIC TRAFFIC DRIVERS DUE DILIGENCE ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REGULATION ECONOMICS ECONOMICS OF INFRASTRUCTURE ECONOMIES OF SCALE EFFECTS OF OWNERSHIP EFFICIENCY OF AIRPORTS ELASTICITY ELASTICITY OF DEMAND EMPLOYMENT EXCHANGE RATE FINANCIAL CLOSURE FINANCIAL CRISES FINANCIAL EFFICIENCY FINANCIAL SUPPORT FINANCING SOURCES FLEETS FREIGHT FUEL FUEL PRICES GENERATION GOVERNMENT OWNERSHIP GROWTH IN DEMAND GROWTH IN PASSENGER DEMAND GROWTH RATES HANDLING HUB AIRPORTS INCOME INCOME ELASTICITY INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INTERNATIONAL AIR TRANSPORT INTERNATIONAL AIR TRANSPORT ASSOCIATION INTERNATIONAL AIRPORT INTERNATIONAL AIRPORTS INTERNATIONAL CIVIL AVIATION INTERNATIONAL CIVIL AVIATION ORGANIZATION INTERNATIONAL FLIGHTS INTERNATIONAL PASSENGERS INTERNATIONAL TRADE INTERNATIONAL TRAFFIC INVESTMENT CLIMATE LABOR COSTS LANDING LARGE CITIES LEASE CONTRACT LEASE CONTRACTS LOWER TARIFFS MINISTRY OF TRANSPORT NATIONAL CIVIL AVIATION AGENCY NAVIGATION CHARGES NUMBER OF AIRCRAFT NUMBER OF AIRCRAFT MOVEMENTS OPERATING COSTS OPERATING MARGINS OPERATION AND MAINTENANCE OPERATION OF AIRPORTS PASSENGER AIRCRAFT PASSENGER NUMBERS PASSENGER TRAFFIC PASSENGERS PASSENGERS PER EMPLOYEE PERFORMANCE INDICATORS PRIVATE AIRPORT OPERATORS PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE FINANCING PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENT IN AIRPORTS PRIVATE INVESTMENTS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCTIVITY PSP PUBLIC INVESTMENT PUBLIC POLICIES PUBLIC SECTOR PUBLIC-PRIVATE PARTNERSHIPS RAIL RAILWAYS RANGE RATE OF RETURN REFERENCE REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REMOTE REVENUE PER PASSENGER ROAD ROADS RUNWAY SAVINGS SINGLE CONCESSION SQUARE SUBSIDIARY SURCHARGES SUSTAINABLE DEVELOPMENT TARIFF STRUCTURE TAX TAX LAWS TERMINAL TERMINALS TRADE FLOWS TRAFFIC DEMAND TRAFFIC GROWTH TRAFFIC MOVEMENT TRANSPARENCY TRANSPORT ALTERNATIVES TRANSPORT INFRASTRUCTURE TRANSPORT MANAGEMENT TRANSPORT MARKET TRANSPORT PROJECTS TRANSPORT RESEARCH TRANSPORT SERVICES TRANSPORTS TRAVELERS TRUE UPPER URBAN TRANSPORT UTILITIES WATER DISTRIBUTION This report presents the findings of a first-ever, comprehensive study of how Latin America and the Caribbean (LAC) region airports have evolved during a notable period of transition in airport ownership. It is an unbiased, positive analysis of what happened, rather than a normative analysis of what should be done to reform and to attract private sector participation to the airport sector. It takes the first step to respond to the need for more conclusive information about the influence of airport ownership on economic performance. The report centers on the study of three dimensions of performance: productive efficiency, institutional setup for the governance of the sector, and financing. This multifaceted report uses a range of advanced quantitative and qualitative methods to assess the relationship between airport ownership and performance in the LAC region. After a comprehensive overview, chapters 1 and 2 provide the necessary background for the air transport sector and the evolution of private sector participation and investment in airport infrastructure. In chapter 3, questionnaires submitted to airport operators and regulators led to the creation of the unique data sets, which were first used to compare performance across 14 partial performance indicators, and next used to develop aggregate measures of efficiency necessary for the benchmarking exercise. In chapter 4, a qualitative study of the relationship between type of regulating agency (independent or government-led) and transparency, accountability, and bureaucracy provides insight into how recent reforms have also affected the quality of regulatory governance. Chapter 5 provides an in-depth analysis of the evolution of tariff structures in the region as compared to a sample of international airports. Several important topics were not included in this report but should be the focus of future research. In particular, the evolution of the quality of services in airports deserves greater attention, as airports are increasingly becoming business centers and key gateways for trade competitiveness. The other main topic that requires detailed practical research is climate change and its relationship with the airport sector. 2012-03-19T09:05:23Z 2012-03-19T09:05:23Z 2011-12-20 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120109011612 978-0-8213-8977-5 http://hdl.handle.net/10986/2389 English Directions in Development ; infrastructure CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication Latin America & Caribbean Caribbean Latin America |