Latin America: Problems and challenges of infrastructure financing

Abstract

This article seeks to quantify basic infrastructure trends in the region, and assess the extent to which they have fallen behind those in Southeast Asian countries, which were clearly less developed than their Latin American counterparts in the late 1970s. The specific aim is to identify the main general characteristics of basic infrastructure development in Latin America, highlighting the problems faced by the investment process, with a view to identifying the main consequences of those problems and thus specify the challenges facing the region's countries.