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

2016; International Monetary Fund; Volume: 16; Issue: 185 Linguagem: Inglês

10.5089/9781475536744.001

2227-8885

Valerie Cerra, Alfredo Cuevas, Carlos Góes, Izabela Karpowicz, Troy Matheson, Issouf Samaké, Svetlana Vtyurina,

Environmental and Ecological Studies

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 and appropriate mix of financing and funding for projects and to address environmental concerns.