The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in Latin America (Latin American Development Forum) - Softcover

Softcover

ISBN 10: 0821354892 ISBN 13: 9780821354896

Verlag: World Bank Publications, 2003

Inhaltsangabe

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Reseña del editor

Over the 1980s and 1990s most Latin American countries witnessed a retrenchment of the public sector from infrastructure provision and an opening up of infrastruture activities to the private sector. This book analyses the consequences of these policy changes.

Reseña del editor

Over the 1980s and 1990s, most Latin American countries witnessed a retrenchment of the public sector away from infrastructure provision and an opening up of infrastructure activities to the private sector. This book analyzes the consequences of these policy changes from two perspectives. First, it reviews in a comparative framework the major trends in infrastructure provision in Latin America over the last two decades. Second, it evaluates the implication of these trends for economic growth and public deficits in the region. The book shows that in most countries private participation did not fully offset the public sector retreat. The result was a slowdown in infrastructure accumulation, which entailed a significant growth cost and weakened the intended impact of the infrastructure spending cuts on public sector insolvency.

Details zur Ausgabe

• Verlag: World Bank Publications
• Erscheinungsdatum: 2003
• Sprache: Englisch
• ISBN 10: 0821354892
• ISBN 13: 9780821354896
• Einband: Tapa blanda
• Anzahl der Seiten: 228
• Herausgeber: Easterly William, Serven Luis
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: gpsr@libri.de; gpsr@libri.de; ; Friedensallee 273; Hamburg; 22763; Deutschland