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Latin American economies require substantial improvement to physical infrastructure to raise potential GDP growth.
As macroeconomic stability has been achieved in the largest economies, the public sector now aims to prioritize microeconomic issues.
The region’s major economies must address inadequacies in the years to come, focusing on the quality of roads, railroads, bridges, airports, and ports.
Governments have started to prioritize the urgency of closing the infrastructure gap, by allocating more public resources for infrastructure and pursuing public-private partnerships.
Recently, there have been important strides made, with private capital increasingly attracted to investment opportunities in infrastructure projects in the region.