The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in Latin America

by William Easterly and Luis Serven

Book Overview

Latin 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...

• Format: Paperback
• Language: English
• ISBN: 0804749728
• ISBN13: 9780804749725
• Release Date: October 2003
• Publisher: Stanford University Press
• Length: 232 Pages
• Weight: 0.70 lbs.
• Dimensions: 0.7" x 6.4" x 9.2"