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007			cr cn|||||||||
008			020129s2017 dcu o i00 0 eng
020			_a9781464811029 _c _35.00 USD
020			_z9781464811012
035			_a(The World Bank)211101
040			_aDJBF _beng _cDJBF _erda
100	1		_aFay, Marianne. _926653
245	1	0	_aRethinking Infrastructure in Latin America and the Caribbean : _bSpending Better to Achieve More / _cMarianne Fay.
264		1	_aWashington, D.C. : _bThe World Bank, _c2017.
300			_a1 online resource (134 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aDirections in Development;Directions in Development - Infrastructure
520	3		_aLatin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries' goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the 'infrastructure gap' notion, favoring an approach built on identifying the 'service gap'. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region's electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region-climate change, increased demand and urbanization-that will put increasing pressure on infrastructure and policy makers alike. Improving the region's infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector - in the form of broader government issues-from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things.
588			_aDescription based on print version record.
650		4	_aInfrastructure Gap _926654
650		4	_aPublic Spending Efficiency _926655
650		4	_aService Gap _926656
650		4	_aTransport _926657
650		4	_aUrbanization _926658
700	1		_aAlberto Andres, Luis. _926659
700	1		_aFay, Marianne. _926653
700	1		_aFox, Charles. _926660
700	1		_aNarloch, Ulf. _926661
700	1		_aSlawson, Michael. _926662
700	1		_aStraub, Stephane. _926663
776	0	8	_aPrint Version: _z9781464811012
830		0	_aDirections in Development;Directions in Development - Infrastructure _926664
830		0	_aWorld Bank e-Library. _926665
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1101-2
999			_c5200 _d5200