Financing sustainable infrastructure in the Americas
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Latin America and the Caribbean (LAC) has achieved considerable social and economic progress in the past three decades. However, the region still lags behind many other parts of the world when it comes to key infrastructure areas - including sanitation, telecommunications, transportation and energy. These infrastructure gaps are now proving to be hurdles for productivity and competitiveness, which in turn threatens continued sustainability of growth paths. Besides positively affecting growth, infrastructure investments shape future energy and transportation matrixes, urban landscapes, and a significant part of the supply and quality of public goods and services. They define how natural resources will be used in the future, and consequently are an opportunity to address other interrelated threats to the well-being of the people living in LAC, namely environmental degradation and climate change. Therefore, investing in sustainable infrastructure may be virtually a “silver bullet” to the long-term prosperity, environmental sustainability, and the well-being of people of the region. [TRUNCATED]
This repository item contains a working paper from the Boston University Global Economic Governance Initiative. The Global Economic Governance Initiative (GEGI) is a research program of the Center for Finance, Law & Policy, the Frederick S. Pardee Center for the Study of the Longer-Range Future, and the Frederick S. Pardee School of Global Studies. It was founded in 2008 to advance policy-relevant knowledge about governance for financial stability, human development, and the environment.
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