29 December 2008
A new book of articles edited by Ricardo Verdum of the Brazilian Instituto de Estudio Socioeconomicos (Inesc) explores the trends in financing for megaprojects in South America. The book highlights the shifting balance between IFIs such as the World Bank, the IDB and CAF toward new institutions such as BNDES, as well as the competition between IIRSA and UNASUR. The book emphasizes the urgency for greater transparency and accountability in information and decision making about large, high risk infrastructure in the region.
Read the full article in Spanish (BIC website)