Highways to Heaven : Infrastructure Determinants and Trends in Latin America and the Caribbean

Author/Editor: Valerie Cerra ; Alfredo Cuevas ; Carlos Góes ; Izabela Karpowicz ; Troy D Matheson ; Issouf Samaké ; Svetlana Vtyurina
Publication Date: September 15, 2016
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in the region and highlights key areas in which infrastructure networks can be enhanced. The public and private sectors play complementary roles in improving the infrastructure network. Therefore, it is critical to strengthen public investment management processes as well as the regulatory framework, including to ensure an appropriate mix of financing and funding for projects and to address environmental concerns.
Series: Working Paper No. 16/185
Subject(s): Infrastructure | Latin America | Caribbean | Transportation | Electricity | Energy | Communications services | Fiscal policy | Public investment | Public-private partnership | Private sector | Environmental sustainability | Cross country analysis

Publication Date: September 15, 2016
ISBN/ISSN: 9781475536744/1018-5941 Format: Paper
Stock No: WPIEA2016185 Pages: 41
US$18.00 (Academic Rate:
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