Evidence suggests that an "infrastructure gap" vis-à-vis other industrial and developing regions opened up in Latin America and the Caribbean (LAC) over the past two decades. The Inter-American Development Bank (IDB) conducted a public consultation process in 2013 during which several participating stakeholders from the public and private sectors analyzed the current situation in four countries: Chile, Mexico, Peru, and Uruguay. The paper concludes that there is room for feasible policy improvements in the pre-investment phase in LAC that would enhance infrastructure delivery, boost growth, and promote development in the region.
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