000 02403cam a22003254a 4500
008 030530s2003 caua b 001 0 eng
020 _a0821354892 (pbk.)
020 _a9780821354896
040 _aDLC
_cDLC
050 0 0 _aHC130.C3
_bL56 2003
082 0 0 _a339.5'098
_bLIM
245 0 4 _aThe Limits of stabilization :
_binfrastructure, public deficits, and growth in Latin America /
260 _aPalo Alto, Calif. ;
_bStanford University Press ;
_aWashington, D.C. :
_bWorld Bank,
_cc2003.
300 _axv, 209 p. :
440 _aLatin American development forum series
500 _aA co-publication of Stanford social sciences, an imprint of Stanford university press and the World Bank.
504 _aIncludes bibliographical references and index.
520 _aLatin America's macroeconomic crises of the 1980s and '90s forced a severe fiscal adjustment across the region. More often than not, fiscal stability was achieved at the cost of a drastic compression of public infrastructure spending, accompanied by the hope that the private sector would take the leading role in infrastructure provision. This book documents the major trends in infrastructure provision in Latin America over the past two decades n order to assess the consequences of this changed public-private partnership from the perspective of economic growth, public finances, and the quantity and quality of infrastructure services. It will be of particular interest to those in the fields of infrastructure, fiscal policy, and economic growth, and anyone concerned with Latin America's development. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http: //publications.worldbank.org/howtoorder or e-mail pubdistributors@worldbank.org. Review: "The lessons from this research are likely to be valuable not only for developing countries but also for the European countries that are part of the Euro zone." Sergio Rebelo, Kellogg School of Management, Northwestern University"
590 _aaia 06/09/16
591 _aLoans
650 0 _aInfrastructure (Economics)
650 0 _aEconomic stabilization
650 0 _aPublic-private sector cooperation
651 _aLatin America.
700 1 _aEasterly, William,
700 1 _aServen, Luis.
710 2 _aWorld Bank.
942 _2ddc
_cBOOK
949 _a339.5'098 LIM
999 _c4750
_d4750