Infrastructure in Latin America and the Caribbean : Recent Developments and Key Challenges

Infrastructure in Latin America and the Caribbean : Recent Developments and Key Challenges

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....

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Bibliographic Details
Main Authors:	Fay, Marianne, Morrison, Mary
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	ACCESS TO SAFE WATER ACCOUNTING ACCOUNTING FRAMEWORK AIRPORTS AUTONOMY BLOCK TARIFF BLOCK TARIFFS BOND ISSUE BONDS BOTTLENECKS CAPACITY BUILDING CELLULAR TELEPHONES CONCESSION CONCESSIONAIRES CONCESSIONS CONSOLIDATION CONTRACT DESIGN COST OF CAPITAL COST RECOVERY CURRENT EXPENDITURES DEBT SERVICE DECENTRALIZATION DISTRIBUTION LOSSES DRAINAGE DRIVING ECONOMIC GROWTH ECONOMIC INFRASTRUCTURE ECONOMICS ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKETS EXCESSIVE PROFITS FINANCE INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FISCAL BALANCE FOREIGN EXCHANGE GENERATION CAPACITY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROWTH IN DEMAND GROWTH RATES INFRASTRUCTURE ASSETS INFRASTRUCTURE COSTS INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SERVICES INFRASTRUCTURE SPENDING INSURANCE INSURANCE COMPANIES INTERNATIONAL FINANCE INVESTMENT CLIMATE LATIN AMERICAN LAWS LICENSES LOCAL CURRENCY FINANCING LOCAL GOVERNMENTS MITIGATION MECHANISMS MUNICIPAL FINANCE NEIGHBORHOODS O&M OPPORTUNISTIC BEHAVIOR PENSION FUNDS PENSIONS POPULATION DENSITY PORT CONCESSIONS POWER DISTRIBUTION PRICE CAP PRICE CAP REGULATION PRICE INCREASES PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRIVATIZATION MODEL PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC INVOLVEMENT PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SERVICES RAIL RAIL COMPANIES RAIL SERVICES RENEGOTIATION PROCESS RETRENCHMENT RISK MANAGEMENT RISK MITIGATION ROAD ROAD NETWORK ROUTES RURAL ROADS SAFETY SAFETY NETS SANITATION SANITATION SECTOR SOCIAL SERVICES SOUTH AMERICA SOVEREIGN RISK STOCKS SUBNATIONAL GOVERNMENTS SUBSIDIARY TARIFFS FOR WATER TAX TAX COLLECTION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRAILS TRANSPARENCY URBAN GROWTH URBAN POVERTY URBAN TRANSPORT URBANIZATION UTILITIES WAGES WATER TARIFFS WATER UTILITIES
Online Access:	http://documents.worldbank.org/curated/en/2006/11/7190505/infrastructure-latin-america-caribbean-recent-developments-key-challenges http://hdl.handle.net/10986/7179

Description
Summary:	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.

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