01911cas a2200265 a 4500 AALejournalIMF015416 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513509532 1018-5941 BD-DhAAL BD-DhAAL Garcia-Escribano, Mercedes. Filling the Gap : Infrastructure Investment in Brazil / Mercedes Garcia-Escribano, Carlos Goes, Izabela Karpowicz. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (20 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Infrastructure bottlenecks have been identified as a key obstacle to growth affecting productivity and market efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure, in light of past investment trends and various quality and quantity indicators. Brazil's infrastructure stock and its quality rank low in relation to that of comparator countries, chosen amongst main export competitors. We provide evidence that infrastructure affects domestic integration by analyzing price convergence of tradable goods across major cities. The government's concession program will narrow part of the infrastructure gap, however, governance reforms will be crucial to improving investment efficiency. Mode of access: Internet Goes, Carlos. Karpowicz, Izabela. IMF Working Papers; Working Paper ; No. 2015/180 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/180/001.2015.issue-180-en.xml IMF e-Library