The world is watching Argentina these days. As the leader of the G20 meetings this year, with visits from countless numbers of VIPs from around the world, Argentina is regaining the role of a regional leader. While expectations fly high for the country’s future potential, one essential input is lagging behind: the necessary infrastructure to facilitate investment and future growth.
Crowding-in public and private resources can maximize development impact in Argentina’s infrastructure sector. Public-Private Partnerships (PPPs) can be a vehicle to foster greater investor participation in infrastructure projects helping governments to spend more and better, while freeing up public funds for other development purposes. PPPs, however, require an efficient risk allocation among parties that are better suited to handle and mitigate them. When correctly done, users and taxpayers can find in PPPs facilitate better infrastructure service delivery. — blog.wb.org/blogs