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CSV
Lesson
Public sector reforms in Tuvalu require persistent dialogue and longer-term in-country technical assistance (TA) support.

Project Number: 50377-001
Project Name: Improved Fiscal and Infrastructure Management Program
Report Date:
Lesson
Multilateral and bilateral agreement would be more helpful if undertaken before loan approval as it would indicate buy-in and commitment by participating countries.

Project Number: 40054-013
Project Name: South Asia Subregional Economic Cooperation Information Highway
Report Date:
Lesson
A major constraint to the sustainability of reforms in macroeconomic management and financial sector development in small economies is the difficulty in recruiting, training, and retaining staff to undertake key analysis, supervision, and management functions.

Project Number: 46371-002
Project Name: Strengthening Economic Management Program II
Report Date:
Lesson
The PPP model can help finance relatively large infrastructure projects that directly increase export and government revenue. This approach is particularly relevant in developing countries with weak private sector participation in infrastructure and which lack the capacity for commercial borrowing because of debt sustainability considerations. Some examples of countries in a similar situation are the Kyrgyz Republic, the Lao People’s Democratic Republic, Nepal, and Tajikistan where large hydropower potential can be developed to increase their power exports using the PPP model.

Project Number: 37399-013
Project Name: Green Power Development Project
Report Date:
Lesson
The failure of interest rate liberalization was also partly a failure of analysis. Removing overt administrative control of interest rates may make little difference to prevailing rates and practices if there is little competition between lenders because of the sector’s oligopolistic and closely held structure. Several factors made it unlikely that simple deregulation of rate setting would be conclusive.

Project Number: 29243/29243-01/31910
Project Name: Financial Sector Intermediation Facility and Equity Investment in Bhutan National Bank
Report Date:
CSV