The deep recession in many of the emerging market transition economies of Europe and Central Asia caused by the COVID-19 crisis has raised fears of long-term damage to potential output through scarring and hysteresis. These economies were also hit hard by the great recession caused by the global...

The objective of this paper is to review the experience of infrastructure regulation in low and middle income countries, to assess the applicability of this experience to developing Asia, and to identify areas for future research on infrastructure regulation in the low and middle income...