Latin American governments must encourage public-private partnerships (PPP) if the region's chronic infrastructure shortfalls are to be met, the World Bank argues.
A report from the Bank says that a huge increase in investment from the public and private sectors is essential in a region where 58 million people lack access to clean water and 137 million people lack access to adequate sanitation, and the best way of improving these figures is through governments and the private sector sharing the burden.
Expenditure on infrastructure in the region has halved since the 1980s because of a series of economic...