{"id":2032,"date":"2016-07-15T11:13:49","date_gmt":"2016-07-15T16:13:49","guid":{"rendered":"https:\/\/www.bu.edu\/gdp\/?p=2032"},"modified":"2022-07-21T09:39:04","modified_gmt":"2022-07-21T13:39:04","slug":"gegi-working-paper-studart-and-ramos","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/gdp\/2016\/07\/15\/gegi-working-paper-studart-and-ramos\/","title":{"rendered":"Financing Sustainable Infrastructure in the Americas"},"content":{"rendered":"<figure id=\"attachment21366\" aria-describedby=\"caption-attachment21366\" style=\"width: 646px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" src=\"\/gdp\/files\/2016\/07\/bruno-thethe-nxkinK7hhOk-unsplash-636x424.jpg\" alt=\"\" width=\"636\" height=\"424\" class=\"size-medium wp-image-21366\" srcset=\"https:\/\/www.bu.edu\/gdp\/files\/2016\/07\/bruno-thethe-nxkinK7hhOk-unsplash-636x424.jpg 636w, https:\/\/www.bu.edu\/gdp\/files\/2016\/07\/bruno-thethe-nxkinK7hhOk-unsplash-1024x683.jpg 1024w, https:\/\/www.bu.edu\/gdp\/files\/2016\/07\/bruno-thethe-nxkinK7hhOk-unsplash-768x512.jpg 768w, https:\/\/www.bu.edu\/gdp\/files\/2016\/07\/bruno-thethe-nxkinK7hhOk-unsplash-1536x1024.jpg 1536w, https:\/\/www.bu.edu\/gdp\/files\/2016\/07\/bruno-thethe-nxkinK7hhOk-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 636px) 100vw, 636px\" \/><figcaption id=\"caption-attachment21366\" class=\"wp-caption-text\">S\u00e3o Paulo, Brazil Photo by Bruno Thethe via Unsplash.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Latin America and the Caribbean (LAC) has achieved considerable social and economic progress in the past three decades, but still lags behind many other parts of the world when it comes to key infrastructure areas &#8211; including sanitation, telecommunications, transportation and energy. These infrastructure gaps are now proving to be hurdles for productivity and competitiveness, which in turn threatens continued sustainability of growth paths.<\/span><\/p>\n<p><a href=\"https:\/\/www.bu.edu\/gdp\/files\/2017\/07\/Financing-Sustainable.-StudartRamos.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>A working paper<\/i><\/b><\/a><span style=\"font-weight: 400;\"> by <\/span><a href=\"https:\/\/www.bu.edu\/gdp\/profile\/rogerio-studart\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Rog\u00e9rio Studart<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.bu.edu\/gdp\/profile\/luma-ramos\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Luma Ramos<\/span><\/a><span style=\"font-weight: 400;\"> analyzes the challenges and potentials of LAC national development banks in playing a role in closing the infrastructure gaps with climate-smart investments. The authors focus primarily on the Brazilian case, as it is a particularly dramatic example where sustainable infrastructure investments may be critical for the future. Brazil is already the eighth largest economy in the world and has achieved remarkable poverty reduction, but still has an infrastructure gap that lags behind other nations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The authors present a regional overview of both the infrastructure financing gaps and of development banks. They analyze Brazil and its current role with the Brazilian Development Bank (BNDES) as a main long-term financier. The paper illustrates the potential role of development banks in general, and BNDES in particular, can have in expanding sustainable infrastructure financing and crowding-in finance. The authors describe that, although there are significant challenges, creating a sustainable infrastructure financing architecture may contribute to improving the existing dysfunctional infrastructure and paving the way towards a more sustainable path.<\/span><\/p>\n<p><a class=\"button\" href=\"\/gdp\/files\/2017\/07\/Financing-Sustainable.-StudartRamos.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Working Paper<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Latin America and the Caribbean (LAC) has achieved considerable social and economic progress in the past three decades, but still lags behind many other parts of the world when it comes to key infrastructure areas &#8211; including sanitation, telecommunications, transportation and energy. These infrastructure gaps are now proving to be hurdles for productivity and competitiveness, [&hellip;]<\/p>\n","protected":false},"author":13717,"featured_media":21366,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1149,66,93,77,1152,30,67],"tags":[212,572,538,2550,636,1099,437,585,151,570,420,2549,690,689,569,2361,2362,1647,2548,2551,214,2202,2552,2553,415],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/posts\/2032"}],"collection":[{"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/users\/13717"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/comments?post=2032"}],"version-history":[{"count":6,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/posts\/2032\/revisions"}],"predecessor-version":[{"id":21368,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/posts\/2032\/revisions\/21368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/media\/21366"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/media?parent=2032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/categories?post=2032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/gdp\/wp-json\/wp\/v2\/tags?post=2032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}