Evaluating the impact of Public-Private Partnerships Enabling Conditions on Infrastructure Development: Evidence from Latin America and the Caribbean

Carter B Casady and Ancor Suárez-Alemán

No 14199, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper investigates the impact of public-private partnership (PPP)-enabling conditions on infrastructure development in Latin America and the Caribbean (LAC). Using a unique longitudinal dataset, this study analyzes how institutional conditions in 26 LAC countries influenced PPP investment activity between 2009 and 2022. The findings indicate political and social will, along with institutional capacity, are significant predictors of PPP investment, while market reliability, transparency, governance mechanisms, and regulatory regimes, although important, are less impactful. These findings highlight the critical importance of political stability and strong institutional frameworks in driving PPP investment activity in the region.

Keywords: Infrastructure Development; Public-private Partnerships; Latin America and the Caribbean; institutional capacity; Political and social will (search for similar items in EconPapers)
JEL-codes: H54 (search for similar items in EconPapers)
Date: 2025-07
New Economics Papers: this item is included in nep-dev and nep-reg
References: Add references at CitEc
Citations:

Downloads: (external link)
https://publications.iadb.org/publications/english ... nd-the-Caribbean.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:14199

DOI: 10.18235/0013616

Access Statistics for this paper

More papers in IDB Publications (Working Papers) from Inter-American Development Bank Contact information at EDIRC.
Bibliographic data for series maintained by Felipe Herrera Library ().