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The Impact of Private Sector Participation in Infrastructure: Lights, Shadows, and the Road Ahead

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Listed:
  • Foster, Vivien
  • Guasch, José Luis
  • Andrés, Luis
  • Haven, Thomas

Abstract

Infrastructure plays a key role in fostering growth and productivity and has been linked to improved earnings, health, and education levels for the poor. Yet Latin America and the Caribbean are currently faced with a dangerous combination of relatively low public and private infrastructure investment. Those investment levels must increase, and it can be done. If Latin American and Caribbean governments are to increase infrastructure investment in politically feasible ways, it is critical that they learn from experience and have an accurate idea of future impacts. This book contributes to this aim by producing what is arguably the most comprehensive privatization impact analysis in the region to date, drawing on an extremely comprehensive dataset. This publication belongs to the Latin American Development Forum Series (LADF), sponsored by the Inter-American Development Bank, the United Nations Economic Commission for Latin America and the Caribbean, and the World Bank.

Suggested Citation

  • Foster, Vivien & Guasch, José Luis & Andrés, Luis & Haven, Thomas, 2011. "The Impact of Private Sector Participation in Infrastructure: Lights, Shadows, and the Road Ahead," IDB Publications (Books), Inter-American Development Bank, number 358.
  • Handle: RePEc:idb:idbbks:358
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    Cited by:

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    4. Mariana Vijil & Laurent Wagner, 2012. "Does Aid for Trade Enhance Export Performance? Investigating the Infrastructure Channel," The World Economy, Wiley Blackwell, vol. 35(7), pages 838-868, July.
    5. John Nellis, 2012. "The International Experience with Privatization: Its Rapid Rise, Partial Fall and Uncertain Future," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 5(3), January.
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    7. Antonio Estache & Jose-Luis Guasch & Atsushi Iimi & Lourdes Trujillo, 2009. "Multidimensionality and Renegotiation: Evidence from Transport-Sector Public-Private-Partnership Transactions in Latin America," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 41-71, September.
    8. Herrera, Veronica & Post, Alison E., 2014. "Can Developing Countries Both Decentralize and Depoliticize Urban Water Services? Evaluating the Legacy of the 1990s Reform Wave," World Development, Elsevier, vol. 64(C), pages 621-641.
    9. Antonio Estache & Liam Wren-Lewis, 2009. "Toward a Theory of Regulation for Developing Countries: Following Jean-Jacques Laffont's Lead," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 729-770, September.
    10. Fabre, Anaïs & Straub, Stéphane, 2019. "The Impact of Public-Private Partnerships (PPPs) in Infrastructure, Health and Education: A Review," TSE Working Papers 19-986, Toulouse School of Economics (TSE), revised Sep 2021.
    11. Ronald Fischer & Nicolás Campos & Eduardo Engel & Alexander Galetovic, 2019. "Renegotiations and Corruption in Infrastructure: The Odebrecht Case," Documentos de Trabajo 346, Centro de Economía Aplicada, Universidad de Chile.
    12. Elkhan Richard Sadik-Zada & Wilhelm Löwenstein & Mattia Ferrari, 2018. "Privatization and the Role of Sub-National Governments in the Latin American Power Sector: A Plea for Less Subsidiarity?," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 95-103.
    13. Matteo Triossi & María Haydée Fonseca-Mairena, 2019. "Incentives and implementation in marriage markets with externalities," Documentos de Trabajo 345, Centro de Economía Aplicada, Universidad de Chile.
    14. World Bank, 2008. "Benchmarking Analysis of the Electricity Distribution Sector in the Latin American and Caribbean Region," World Bank Publications - Reports 12675, The World Bank Group.
    15. Sylvia CESAR, 2019. "Privatization Of Water: Evaluating Its Performance In The Developing World," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 90(1), pages 5-23, March.

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