Crisis in LAC : Infrastructure Investment, Employment and the Expectations of Stimulus

Infrastructure investment is a central part of the stimulus plans of the Latin America and the Caribbean (LAC) region as it confronts the growing financial crisis. This paper estimates the potential effects on direct, indirect, and induced employme...

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Bibliographic Details
Main Authors:	Schwartz, Jordan, Andres, Luis, Dragoiu, Georgeta
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ADVANCED ECONOMIES ADVISERS AFFORDABILITY AGGREGATE DEMAND AIRPORTS ASSET VALUE ASSET VALUES BAILOUT BAILOUTS BANK POLICY BIASES BIDS BORROWING CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL STOCKS CARBON EMISSIONS CASH TRANSFER CASH TRANSFERS COMMERCIAL BANKS COMMERCIAL LENDING COMMODITY PRICES COMPETITIVE BIDDING CONSUMER CONFIDENCE CONSUMER EXPENDITURES CORRUPTION DAY LABORERS DEBT DEBT FINANCING DEFICITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DISBURSEMENT DISBURSEMENTS DRIVING ECONOMIC ACTIVITY ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY ECONOMICS ELASTICITY EMISSIONS EMPLOYMENT EMPLOYMENT GOALS ENVIRONMENTAL IMPACTS ENVIRONMENTAL SUSTAINABILITY EXPENDITURE EXPENDITURES FARMERS FEDERAL RESERVE FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FISCAL POLICIES FISCAL POLICY GLOBAL ECONOMY GOVERNMENT DEBT GOVERNMENT GUARANTEES GOVERNMENT INVESTMENT GOVERNMENT REVENUE GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HIGH UNEMPLOYMENT HIGHWAY HIGHWAY ADMINISTRATION HIGHWAY CONSTRUCTION HIGHWAY PROJECTS HOUSEHOLDS HUMAN DEVELOPMENT INCOME INDIRECT LABOR COSTS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCE INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE REHABILITATION INITIAL INVESTMENT INSURERS INTEREST RATES INTERNATIONAL BANK INTERNATIONAL FINANCE INVESTMENT DECISION INVESTMENT PROJECTS INVESTMENTS IN HIGHWAYS LABOR MARKET LIGHT RAIL LIQUIDITY MACROECONOMIC EFFECTS MARKET DEVELOPMENT MARKET EFFICIENCY MARKET INEFFICIENCIES MICRO-ENTERPRISES MINIMUM WAGE MINIMUM WAGES MODES OF TRANSPORT MONETARY POLICY MORTGAGE MULTIPLIER EFFECT OPERATING COSTS OPPORTUNITY COST OUTPUTS PENSION POLITICAL ECONOMY PRIVATE CAPITAL PRIVATE FINANCING PRODUCTIVITY PUBLIC HOUSING PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SPENDING PUBLIC WORKS RAIL RECESSION RECESSIONS REINVESTMENT RESERVES RETURN ROAD ROAD INFRASTRUCTURE ROAD INVESTMENT ROAD MAINTENANCE ROAD MANAGEMENT RURAL INFRASTRUCTURE RURAL ROADS SAFETY SAFETY NET SANITATION SMART TRANSPORTATION SOLVENCY STOCK MARKETS STOCKS SUPPLY CHAIN TAX TAX CREDITS TELECOMMUNICATIONS TRANSPORT TRANSPORT EQUIPMENT TRANSPORT POLICY TRANSPORT POLICY INSTITUTE TRANSPORT SECTOR TRANSPORTATION TRANSPORTATION POLICY TRANSPORTATION SPENDING TRUE UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT LEVELS UNSKILLED LABOR UNSKILLED WORKERS URBAN AREAS URBAN ROADS VILLAGES WAGES WORKING HOURS
Online Access:	http://documents.worldbank.org/curated/en/2009/07/19516967/crisis-lac-infrastructure-investment-employment-expectations-stimulus http://hdl.handle.net/10986/18718