Financing sustainable infrastructure in the Americas

Date
2016-07
DOI
Authors
Studart, Rogério
Ramos, Luma
Version
OA Version
Citation
Abstract
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]
Description
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.
License
Copyright 2016 Boston University. Permission to copy without fee all or part of this material is granted provided that: 1. The copies are not made or distributed for direct commercial advantage; 2. the report title, author, document number, and release date appear, and notice is given that copying is by permission of BOSTON UNIVERSITY TRUSTEES. To copy otherwise, or to republish, requires a fee and / or special permission.