Obstacles for Development

Obstacles for Development

A lack of investment in infrastructure has left 58 million people in Latin America without drinking water and more than 137 million without sewage treatment. Soy exporters in Brazil pay as much as 10 times more to transport their goods to port than their counterparts in the United States, and truck drivers often line up for days outside ports during peak harvest season due to inadequate capacity. While it's agreed that there is a huge deficit in infrastructure investments across the region, the private sector has been reluctant to lay down heaps of cash for the sector. To date, investors have seen mixed results from infrastructure projects, and while there is a general agreement that capita

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