Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....

During the last decade, Latin American countries have brought about important reforms in infrastructure services based both on private sector participation for enhancing internal efficiency and competition for increasing consumer welfare. Infrastructure services have evolved from monopoly and...

The countries of Latin America and the Caribbean have shown interest in recent years in promoting private-sector participation in infrastructure projects. This trend has permitted budget consolidation, improved efficiency, and reduction of state participation in productive activities. The book...

This working paper discusses infrastructure investment in Latin America at the subnational, private level and challenges incurred in emerging economics. As decentralization and devolution of responsibilities to subnational governments is increasing, the volume of private infrastructure under the...

The 2004 IDB Infrastructure Conference Series included four major 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...

This presentation discusses issues on transnational infrastructure, namely, investment equilibrium versus optimal investment, projects on integrated environments and non-integrated environment; and the role of International Agencies (Multilateral Financial Institutions) in increasing the level...

The IDB's Integration & Trade Journal includes articles on the different aspects of integration in Latin America and the Caribbean, on hemispheric integration and, furthermore, on similar processes in other parts of the world. This issue includes a selection of articles around one common...

During the last decade, Latin American countries have brought about important reforms in infrastructure services based both on private sector participation for enhancing internal efficiency and competition for increasing consumer welfare. Infrastructure services have evolved from monopoly and...

The countries of Latin America and the Caribbean have shown interest in recent years in promoting private-sector participation in infrastructure projects. This trend has permitted budget consolidation, improved efficiency, and reduction of state participation in productive activities. The book...

Pricing policy recommendations infrastructure services are based on two principles. One is that prices should cover the total cost of the service. The other is that cross subsidy schemes should be avoided. This technical paper explores the economic literature for rules on applying these...