Private and public sector sponsors of infrastructure, industrial and other commercial projects in developing countries are looking increasingly to the project finance structure to fund these operations. The World Bank has an array of financial instruments to support these projects. This paper...

This note discusses two of the Philippines'biggest social assistance programs the Pantawid Pamilyang Pilipino Program, the government's first conditional cash transfer (CCT) program, and the rice subsidy program of the National Food Authority (NFA), one of the country's long-standing food-based...