Filling the Gap : Infrastructure Investment in Brazil /

Infrastructure bottlenecks have been identified as a key obstacle to growth affecting productivity and market efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure, in light of past investment trends and various quality a...

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Detalles Bibliográficos
Autor Principal: Garcia-Escribano, Mercedes
Outros autores: Goes, Carlos, Karpowicz, Izabela
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/180
Acceso en liña:Full text available on IMF
Descripción
Summary:Infrastructure bottlenecks have been identified as a key obstacle to growth affecting productivity and market efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure, in light of past investment trends and various quality and quantity indicators. Brazil's infrastructure stock and its quality rank low in relation to that of comparator countries, chosen amongst main export competitors. We provide evidence that infrastructure affects domestic integration by analyzing price convergence of tradable goods across major cities. The government's concession program will narrow part of the infrastructure gap, however, governance reforms will be crucial to improving investment efficiency.
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Descrición Física:1 online resource (20 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students