This paper examines the main distinctions between the General Agreement on Tariffs and Trade (GATT) and regional trading arrangements (RTAs), noting that under the former, liberalization of trade is based on the most favored nation (MFN) principle, while under the latter, there is a departure...

The water and sanitation sector in Latin America and the Caribbean is facing a crisis of confidence. The return of cholera to the region in 1991 was a symptom of deep seated problems and exposed the fragility and inadequacy of publicly operated water supplies and sanitation systems. Despite...

To ease transitional problems during stabilization and structural reform and to protect the well-being of the poor, the Government of the Philippines have focussed on three major 'safety net' programs. Although substantial resources have been devoted to theses programs, few studies have been...

This paper reports on the microfinance program of Hatton National Bank Limited (HNB), the largest private commercial bank in Sri Lanka. It reviews the experience of HNB, which has initiated a program offering financial services to the poor while continuing its traditional business operations.

Rapid urbanization in developing countries is fueling the demand for automobiles and consequently for rubber tires. Therefore it is a critical period for the industry, where fundamental changes are taking place in the way rubber is produced and marketed for competitive survival. This report...

Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be...