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The provision of public goods and the amelioration of market failure are the classical justifications for government intervention in the economy.
This book is organized as follows:
Introduction: Is Geography Destiny? Chapter 1 discuses The
Channels of Influence of Geography: Latin America from an
International Perspective. Chapter 2 discusses The Other
The proliferation of urban slums is due
in large part to obsolete regulatory, legal and
institutional frameworks at the local level governing land
use, development standards, land registration and titling.
This book talks about participation,
from the first to the last page. And that is its strength,
for participation is a road leading to democracy. The true
participation it talks about does not rely on hours of
This paper reviews the performance of
railway concessions in Latin America over the period
extending from the initial Argentina concessions in
1991-1993 through 2004. The bulk of the concessioning
Recent international experience has shown that excessively complex administrative procedures, required to establish, and operate a business, discourage inflows of foreign direct investment.
Latin America missed opportunities for
rapid resource-based growth that similarly endowed
countries-Australia, Canada, Scandinavia-were able to take
advantage of. Fundamental to this poor performance was
Reducing emissions of carbon dioxide and
other greenhouse gases that affect climate change is one of
the key challenges facing the international community. The
Bank's Prototype Carbon Fund (PCF) provides a framework
The Caribbean region suffers from a high
degree of economic volatility. A history of repeated
external and domestic shocks has made economic insecurity a
major concern across the region. Of particular concern to
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