Public infrastructure investment and fiscal sustainability in Latin America: Incompatible goals? by Luis Carranza, Christian Daude and Ángel Melguizo, published by OECD. “Latin American countries exhibit a significant gap in infrastructure stocks, due to low and in many cases inefficient public investment, which is furthermore not compensated by private sector projects. In this paper we analyse trends in public and total infrastructure investment in six large Latin American economies, in the light of fiscal developments since the early eighties.” http://www.oecd-ilibrary.org/content/workingpaper/5kg9xf1ncvzw-en
Pubic Infrastructure (Carranza, Daude and Melguizo)
