Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in Latin America

The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in Latin America

Easterly, William
Serven, Luis

Paperback

Series: Latin American Development Forum

Business GeneralEconomics

ISBN10: 0821354892
ISBN13: 9780821354896
Publisher: World Bank Publications
Published: Oct 1 2003
Pages: 226
Weight: 0.71
Height: 0.63 Width: 6.05 Depth: 8.89
Language: English
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.

1 different editions

Also available

Also in

Economics

View All