Most countries in Latin America and the Caribbean are struggling to escape what economists label “the middle income trap.” While much if not all of the region has emerged from low income status, neither growth nor productivity has increased sufficiently to enable Latin America to narrow the...

Financing public infrastructure is an important challenge in the growth agenda of the Latin America and the Caribbean (LAC) region. Subject to fiscal constraints, many countries in the LAC region have been looking at private sector financing as an alternative for financing public investment....