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Preliminary analysis of development programs performance

Abstract

The regional development programs promoted by the national governments and international multilateral agencies, like the World Bank and the Inter American Development Bank, are oriented to public policies under which public goods, like public services and infrastructures, are supplied to underdeveloped regions, many in Latin America. More a more evidences are pointing to the fact that success of these programs depends in a good part of externalities, which are related to the changes in the form of networking and values among the stakeholders in the territory. These externalities are defined as the Social Capita

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