Containerized shipping has brought profound changes to maritime transport, including a shift from labor-intensive to more capital-intensive activities. Revising the traditional organization of seaports everywhere will prepare ports for a more competitive market and less financial dependence on...

Ports have become increasingly capital intensive. Economies of scale have led to larger, more specialized ships, and, competition between ports has started to grow. As a result, governments are reorganizing the way ports are run, and permitting more private ownership, and service delivery....

Trujillo, Martín, Estache, and Campos provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985–98. Specifically, they look at the effects on GDP per capita, current public...