The study reviews the performance of four transition countries - Albania, Azerbaijan, the Kyrgyz Republic, and Moldova - in the areas of private, and financial sector development, identifying both their achievements, and challenges, to extract beneficial reform efforts, and alternative...

Many of the distortions in poorly performing economies do not originate in the banking sector, but where state banks still control a large share of the resources in the banking system, they continue to pose a risk to macroeconomic and fiscal stability. State banks are typically vehicles for...

June 2000 - The success of Abidjan's water sector is attributable to the government's consistent support for private sector participation in the sector and to the institutions that have guaranteed the private operator's property rights. Strong institutions with adequate human capital allow the...