Scaling-up infrastructure investment to strengthen sustainable development in Brazil

Falilou Fall, Priscilla Fialho and Tony Huang

No 1790, OECD Economics Department Working Papers from OECD Publishing

Abstract: Infrastructure investment has been low in Brazil over the last decades, leaving significant gaps in all infrastructure sectors. To close these gaps, public investment will need to increase and become more effective, while additional private resources need to be mobilised. Improving strategic planning and effectively translating it into budget allocations over time would increase the quality of infrastructure projects. Promoting foreign participation in public procurement would raise competition and value for public money, while strengthening the governance of SOEs would enhance the quality of infrastructure services. Minimising policy and judicial risks would help to leverage more private infrastructure financing, including at longer maturities, while ensuring an adequate risk sharing between public and private actors.

Keywords: Financial Risk and Management; Financing Policy; Government Investment; Infrastructure; Road Maintenance; Transportation Planning (search for similar items in EconPapers)
JEL-codes: G32 H54 L91 R42 (search for similar items in EconPapers)
Date: 2024-01-31
New Economics Papers: this item is included in nep-env and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:oec:ecoaaa:1790-en

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