National visions matter: lessons of success. Proceedings of a public-private sector development forum

Includes bibliography

Orientación de la industria hacia la exportación: contribución del sector privado del Brasil = Orientation of industry towards exports: contribution of the private sector in Brazil

Incluye Bibliografía

Inversión privada extranjera en el desarrollo latinoamericano = Role of foreign private investment in the development of Latin America

Incluye Bibliografía

Latin American youth in the 1980's: equality of opportunity in education and employment

Includes bibliography

Participación privada en la prestación de los servicios de agua: volumen I: Modalidades para la participación privada en la prestación de los servicios de agua = Private participation in the provision of water services: volume I: Alternative means for private participation in the provision of water services

Incluye Bibliografía

Public land acquisition in Latin America

Includes bibliography

ICTs in public agricultural institutions in Latin America: Uruguay, Costa Rica and Paraguay case studies

Includes bibliography

Public transport fares in Latin American cities: systems, values and problems

Although public transport has undergone a series of changes over the last few decades, fares are still strongly affecting the budget of low-income families. This is despite the fact that, with very few exceptions, public transport fares are one of the few prices still fixed by the government authorities. The introduction of integrated networks made up of trunk lines and feeder services is not guaranteed to reduce the cost for users. It would be possible to reduce fares if free transport provided by the authorities to various groups of citizens were financed by the authorities themselves, and not by other groups of passengers.

Developments in public-transport systems in the cities of Latin America

This edition of the FAL Bulletin looks at public-transport systems developed and proposed in Latin America in recent years, and seeks to conduct a critical analysis of the policies underlying those activities and their implications for urban development in Latin America.

Work, family and public policy changes in Latin America: Equity, maternalism and co-responsibility

Taking account of the substantial increase in female labour market participation that has occurred throughout the Latin American region, this article describes policies adopted with the aim of reconciling work and family responsibilities between 2003 and 2013, and the implications of their design for socioeconomic and gender equity. We look at the cases of Argentina, Brazil, Chile, Costa Rica and Uruguay, five countries which, on the basis of their track records, are the best placed to implement policies to reorganize time, income and services. The empirical analysis indicates, first, that these changes have contributed to socioeconomic equity more consistently than to gender equity. Second, the scale and type of change was found to vary significantly from one country to another. The article concludes by raising a number of substantive questions about the measures, their implementation and effectiveness, and the variations between countries.

Public debt sustainability in the Caribbean

This paper analyses public debt in the most indebted Caribbean countries – i.e. Barbados, Belize, Guyana, Jamaica, Antigua and Barbuda, Dominica, Grenada, and St. Kitts and Nevis – from the standpoint of its sustainability. A level of debt is deemed to be sustainable when the debt-to-GDP ratio remains constant or declines. The concept of sustainability is closely linked to that of solvency. A government is solvent if the net present value of its future primary balances (i.e. that excludes interest payments) is equal to or greater than the present value of public debt stock. It can be demonstrated that if the debt-to-GDP ratio is not on an explosive path, that it either stable or decreasing, the solvency condition holds. It is worth noting that the concept of fiscal sustainability addressed in this paper differs from that of optimality of public debt. The analysis that follows is intended to determine whether the service of the current debt levels is consistent with the fiscal stance. Therefore, it does not set out to identify the target debt level based on any optimality criteria. The next section presents the main features of different theoretical approaches to analyse public debt sustainability.1 Section II discusses the situation of public debt in the Caribbean countries showing different indicators; Section III analyses debt sustainability in countries with access to market financing; Section IV does the same in Guyana – a country dependent on concessional financing and, as such, included in the Highly Indebted Poor Countries (HIPC) Initiative – and the countries of the Eastern Caribbean Currency Union (ECCU). Sections V and VI go beyond debt levels as determinants of fiscal sustainability, highlighting the importance of the currency composition of debt and the variability of fiscal revenue. The last section concludes.