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Rethinking infrastructure in Latin America and the Caribbean : spending better to achieve more /
Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently o...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , , , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, DC :
World Bank Group,
[2017]
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| Colección: | Directions in development (Washington, D.C.). Infrastructure.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Fay, Marianne, |e author. | |
| 245 | 1 | 0 | |a Rethinking infrastructure in Latin America and the Caribbean : |b spending better to achieve more / |c Marianne Fay, Luis Alberto Andrés, Charles Fox, Ulf Narloch, Stéphane Straub, and Michael Slawson. |
| 264 | 1 | |a Washington, DC : |b World Bank Group, |c [2017] | |
| 264 | 4 | |c ©2017 | |
| 300 | |a 1 online resource (xvi, 116 pages) : |b color maps, color illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a Directions in development. Infrastructure | |
| 588 | 0 | |a Vendor-supplied metadata. | |
| 500 | |a "This report is a joint product of the Latin America and Caribbean Region's Vice-Presidency and the Chief Economist Office of the Sustainable Development Practice Group"--Acknowledgments. | ||
| 504 | |a Includes bibliographical references. | ||
| 520 | |a Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries' goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the 'infrastructure gap' notion, favoring an approach built on identifying the 'service gap'. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region's electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region--climate change, increased demand and urbanization--that will put increasing pressure on infrastructure and policy makers alike. Improving the region's infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector--in the form of broader government issues, from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things. | ||
| 505 | 0 | |a Front Cover; Contents; Acknowledgments; About the Authors; Abbreviations; Overview; What Is the Goal? And How to Set It?; How to Improve Services as Cost-Effectively as Possible?; Who Should Pay-And What Does It Imply in Terms of Financing Options?; Conclusions; Note; References; Chapter 1 Infrastructure in Latin America and the Caribbean: Modest Spending, Uneven Results; How Much Does Latin America Spend on Infrastructure?; What Is the Region Getting for Its Money?; Conclusions; Notes; References; Chapter 2 What Lies Ahead for the Region's Infrastructure? | |
| 505 | 8 | |a Inefficient Public Spending May Limit How Much More Should Go to InfrastructureA Tight Fiscal Stance Limits How Much More Could Be Spent on Infrastructure; Climate Change Is Creating New Challenges, but Possibly New Opportunities; Urbanization and Changing Socioeconomics Are Complicating Matters; Notes; References; Chapter 3 The Road Ahead: Spending Better to Meet "Real" Infrastructure Needs; Focusing on Priorities-Setting the Right Goals Is Essential; Improving Utility Performance and Deploying Public and Concessional Finance Where It Is Truly Needed; Conclusions; Notes; References. | |
| 505 | 8 | |a Appendix A Public Expenditure Reviews Examined for This ReportAppendix B Procurement Performance of Latin American Countries: Relatively Good, but with Wide Variation across Countries and Indicators; Note; References; Boxes; Box 1.1 How Should Latin America Define Its Needs for Infrastructure Investment?; Box 1.2 Using a Fare Affordability Index to Guide a Subsidy Program in Buenos Aires; Box 1.3 Public Transport for All? Sexual Harassment Is a Major Issue on Public Transport in Latin America; Box 1.4 Innovative Schemes to Expand Sewerage Services across Latin America. | |
| 505 | 8 | |a Box 1.5 Latin America Has Pioneered Innovations to Make Markets More Economically and Technically EfficientBox 2.1 How Will Climate Change Affect Latin America?; Box 2.2 Nonprobabilistic Decision Making under Uncertainty Methodologies; Box 2.3 The Region Is Improving Its Business Environment for Renewable Energy Investments, although It Remains Far from the Good Practice Frontier; Box 3.1 The Political Economy of Reform: Conditions for Change; Box 3.2 Assessing Needs and Proposing a Pipeline-The Case of Infrastructure Australia; Box B.1 What Is the Benchmarking Public Procurement Database? | |
| 505 | 8 | |a FiguresFigure O.1 With Greater Efficiency, Four Times as Many Water Utilities Could Access Private Financing; Figure O.2 Many Latin American Countries Chronically Underexecute Their Capital Investment Budget; Figure O.3 A Decision-Making Framework to Ensure the Judicious Use of Scarce Public and Concessional Finance; Figure 1.1 Public and Private Infrastructure Investments in Latin America Have Been Fairly Stable, 2008-13; Figure 1.2 Infrastructure Investment Levels Varied Enormously across Countries, 2008-13. | |
| 520 | 3 | |a Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries' goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the 'infrastructure gap' notion, favoring an approach built on identifying the 'service gap'. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region's electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region-climate change, increased demand and urbanization-that will put increasing pressure on infrastructure and policy makers alike. Improving the region's infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector - in the form of broader government issues-from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Infrastructure (Economics) |z Latin America. | |
| 650 | 0 | |a Infrastructure (Economics) |z Caribbean Area. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Infrastructure. |2 bisacsh | |
| 650 | 7 | |a SOCIAL SCIENCE |x General. |2 bisacsh | |
| 650 | 7 | |a Infrastructure (Economics) |2 fast | |
| 651 | 7 | |a Caribbean Area |2 fast | |
| 651 | 7 | |a Latin America |2 fast | |
| 700 | 1 | |a Andrés, Luis Alberto, |e author. | |
| 700 | 1 | |a Fox, Charles |c (Of World Bank), |e author. |1 https://id.oclc.org/worldcat/entity/E39PCjymVYJ8QHvhXQK7RvQtjy | |
| 700 | 1 | |a Narloch, Ulf, |e author. | |
| 700 | 1 | |a Straub, Stephane, |e author. | |
| 700 | 1 | |a Slawson, Michael, |e author. | |
| 758 | |i has work: |a Rethinking infrastructure in Latin America and the Caribbean (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGgcTkwhvHdfrmK7HPQ7Dy |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Fay, Marianne. |t Rethinking infrastructure in Latin America and the Caribbean. |d Washington, DC : World Bank Group, [2017] |z 1464811016 |z 9781464811012 |w (OCoLC)993644789 |
| 830 | 0 | |a Directions in development (Washington, D.C.). |p Infrastructure. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=4926037 |z Texto completo |
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