Armenia's power sector has suffered many setbacks: in the late 1980s an earthquake that took its major nuclear plant off-line, and in the early 1990s the collapse of the Soviet Union, economic blockade, and repeated sabotage of a new gas pipeline-all of which severely disrupted fuel supply. The...

This note contends that public-private partnership (PPP) units for facilitating and managing infrastructure investments have existed for years in many developed countries. Driven in part by growing infrastructure investment, these units have also recently begun to proliferate in the developing...