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The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in Latin America
Paperback
Series: Latin American Development Forum
EconomicsGeneral Political Science
ISBN13: 9780804749725
Publisher: Stanford Univ Pr
Published: Oct 6 2003
Pages: 232
Weight: 0.70
Height: 0.65 Width: 6.42 Depth: 9.18
Language: English
Latin America's macroeconomic crises of the 1980s and '90s forced a severe fiscal adjustment across the region. More often than not, fiscal stability was achieved at the cost of a drastic compression of public infrastructure spending, accompanied by the hope that the private sector would take the leading role in infrastructure provision.
This book documents the major trends in infrastructure provision in Latin America over the past two decades n order to assess the consequences of this changed public-private partnership from the perspective of economic growth, public finances, and the quantity and quality of infrastructure services. It will be of particular interest to those in the fields of infrastructure, fiscal policy, and economic growth, and anyone concerned with Latin America's development.
For orders originating outside of North America, please e-mail pubdistributors@worldbank.org.
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