Many Latin American governments have underinvested in infrastructure. Alejandro Foxley says government infrastructure expenditure accounts for less than 2 percent of the gross domestic product. That is not even half of what East Asia spends on infrastructure, which is about 7 percent of GDP, according to the Chilean foreign affairs minister.
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
About the author
Mark Maathuis
Mark Maathuis worked as an international correspondent for United Press International and reported for several Dutch magazines and Web sites on American politics, the "war on terror" and legal issues. He holds two master's degrees, one in journalism from American University and the other in civil law from Leiden University. Mark joined Devex in November 2007 as a fellow in our Washington, D.C., office and continued to contribute to our Web site the following year. He is a native speaker of Dutch, fluent in English, proficient in French and German, and speaks basic Italian.
