Argentina Road Sector Public Expenditure Review
The report provides a detailed assessment of the road sector in Argentina, evaluating the expenditure of public resources in this context and informing possible improvements to the current situation. Given that the information available is limited,...
| Main Author: | |
|---|---|
| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/654591629919558020/Argentina-Road-Sector-Public-Expenditure-Review http://hdl.handle.net/10986/36235 |
| Summary: | The report provides a detailed
assessment of the road sector in Argentina, evaluating the
expenditure of public resources in this context and
informing possible improvements to the current situation.
Given that the information available is limited, the report
will mainly focus on the roads classified under the National
Network, and will provide recommendations for the provincial
and municipal roads when possible. The report starts with an
introduction which serves to identify the context of the
country and the main issues. This introduction describes the
recent volatile financial periods in Argentina, with a
macroeconomic context that has experimented several shocks
in the recent decades and is currently impacted by the
severe depreciation of the national currency and high
inflation. This has led to higher transport costs, which are
hampering potential growth, commercial exchanges and access
to services. In addition, territorial inequalities in the
country cause visible differences between regions, also in
terms of the road network connectivity and logistics
performance. Besides these factors, the road network is also
affected by an increasingly more hazardous climate, as
extreme natural episodes causing disruptions have been
observed more frequently and intensely in Argentina in
recent times. To face all these constraints, the Government
of Argentina presented an ambitious National Plan over the
period 2016-2019, with important public investments in road
transport, but with a highly limited private participation
due to the macroeconomic context and the lack of enabling policies. |
|---|