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Consuls --- Consuls --- Borel, F. --- Brazil --- Russia --- Russia --- Russia --- Foreign relations --- Foreign relations --- Foreign relations --- Foreign relations
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Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is yes, how can they do so in a fiscally responsible manner? Are public-private partnerships a viable alternative?.
Infrastructure --- Public Finance --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Investment --- Capital --- Intangible Capital --- Capacity --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- Macroeconomics --- Public investment and public-private partnerships (PPP) --- Public investment spending --- Public debt --- Expenditure --- Public-private sector cooperation --- Public investments --- Saving and investment --- Debts, Public --- Expenditures, Public --- Brazil
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Latin America: An End to Boom and Bust? covers prospects in that region, which has managed to sustain a decade of prosperity after a history of boom and bust cycles. In our cover story, Nicolás Eyzaguirre, Director of the IMF's Western Hemisphere Department, says Latin America has the potential to become an increasingly important global player. But boosting productivity and competitiveness remain key policy challenges and the fruits of success must be more broadly shared. Other articles on our cover theme look at the prospects for Brazil, inequality in Latin America, and how to raise productivity. Turning from Latin America, we interview former IMF Managing Director Michel Camdessus, former IMF MD and now head of a group of luminaries tasked with generating ideas on how to make the global monetary system more stable in the wake of the world financial crisis. This issue of F&D also features articles on financial market cycles, public investment in infrastructure, whether to worry about inflation or deflation, democracy and liberalization, how to manage health care spending, and rising food prices. People in Economics profiles growth guru Robert Solow, winner of the 1987 Nobel Prize in economics. Our regular Back to Basics feature explains financial services. Data Spotlight looks at how access to financial services is growing in developing countries; and Picture This highlights the IMF's new database of public debt since 1880.
Inflation --- Macroeconomics --- Public Finance --- Industries: Financial Services --- Production and Operations Management --- Price Level --- Deflation --- National Government Expenditures and Health --- Financial Institutions and Services: Government Policy and Regulation --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- Finance --- Monetary economics --- Banking --- Health care spending --- Financial services --- Public investment spending --- Expenditure --- Expenditures, Public --- Prices --- Financial services industry --- Public investments --- Business cycles --- Brazil
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