Recouping Infrastructure Investment in Latin America and the Caribbean
By Juan Benavides (01/05, En, Es) See also Infrastructure and Financial Markets
117 pp. December 2004
English
Given the slowdown in infrastructure investment in the Region and the central role that infrastructure plays in regional economic competitiveness, the Bank launched the 2004 IDB Infrastructure Conference Series to raise the awareness of government authorities and the private sector about the substantial infrastructure investments required. The 2004 IDB Infrastructure Conference Series included four events that took place in Madrid (January 22-23), Washington, D.C. (February 19-20), Lima (March 27, during the Bank?s Annual Meeting); and Tokyo (May 13).
These events brought together leading specialists and stakeholders including established firms and potential investors in Latin America?s infrastructure, representatives of academia and multilateral financial institutions; banking, industry, and legal experts. Five papers discussed during the conference series are included in this selection. They are preceded by an overview of general lessons and challenges. They address themes such as the mismatch between public perception and the gains from privatization in Latin America; innovative financial structures; investor perceptions of infrastructure risk; the potential of public-private partnerships; and the fiscal dimension of infrastructure investment.
Contents
Challenges for Infrastructure Investment in Latin American and Caribbean Countries: Overview
Antonio Vives
Privatization in Latin America: A Review of the Evidence
Alberto Chong
Managing Infrastructure Investment Risks in Latin America: Lessons, Issues, and Recommendations
John S. Strong, José Luis Guasch and Juan Benavides
Investor Perceptions of Regulatory and Institutional Risk in Latin Amercia
Analistas Financieros Internacionales (AFI)
Public-Private Partnerships: Delivering Better Infrastructure Services
Stephen Harrias
The Fiscal Implications of Infrastructure Development: Policy Recommendations for Latin America and the Caribbean
Remy Cohen and Marco Percoco
To obtain a hard copy of this publication, please submit your request to:
IFM Publications
Infrastructure and Financial Markets Division
Inter-American Development Bank
1300 New York Avenue, N.W.
Washington, D.C. 20577
Mail Stop W-0508
E-mail: sds/ifm@iadb.org
Fax: 202-623-2157
Last updated: 05/08/07
