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Lesson
The transition to market-based economic systems may entail the privatization of state-owned enterprises.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
Report Date:
Lesson
Making private sector development truly sustainable requires transforming governance and public institutions and administration in a manner suited to the development of market-based systems.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
Report Date:
Lesson
Promoting private sector development and undertaking critical structural reforms that address the deficiencies and weaknesses of the system require a stable macroeconomic environment

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
Report Date:
Lesson
The number of projects and subprojects to be implemented under any assistance package must consider the absorptive capacity of local contractors, availability of construction materials, and local labor. Close attention must be given to the quality of the facilities and infrastructures built. Utilizing local contractors and labor have their trade-offs, such as implementation delays and deficiency in financial resources, but the quality of the completed facilities is nonnegotiable. This would require closer supervision, frequent monitoring, and faster processing of payments.

Project Number: 44065-013
Project Name: Conflict-Affected Region Emergency Project
Report Date: