"Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system,...

Costa Rica, an upper middle-income developing country of 4 million inhabitants, is well known for its socio-economic achievements. Costa Rica's economic growth has averaged 4.7 percent annually over the last 15 years, about 2 percentage points above the rest of Latin America, reflecting its...

This study reviews the long-distance road transport industry in India, in order to identify inefficiencies that could reduce the benefits to be derived from the large investments now being made by the Government in the nation's highway infrastructure. It has been undertaken to assess the present...

In March 2000 Bucharest entered into a concession contract for its water utility with the aim of turning around the utility's faltering performance. Under the private operator the utility has raised service quality above Romanian standards and toward Western European levels. By 2008 efficiency...

This Public Expenditure Review (PER), produced jointly by the World Bank and the Inter-American Development Bank (IADB), is an in-depth economic and sector report on El Salvador. The study builds on the analysis and recommendations of the PER delivered in 2004 that concluded that El Salvador...

This Public Expenditure Review (PER), produced jointly by the World Bank and the Inter-American Development Bank (IADB), is an in-depth economic and sector report on El Salvador. The study builds on the analysis and recommendations of the PER delivered in 2004 that concluded that El Salvador...