This note questions how would approaches to personnel management be changed, so that staff incentives facilitate-rather than undermine-project implementation. To succeed, institutional reform efforts must be supported by public officials. Electronic government (e-government) initiatives pose...

In project finance, risks are allocated to the parties best able to manage them. However, the risk mitigation instruments incorporated in the project's contractual and financial arrangements need not be all-encompassing to provide the security investors require. Commitments may be limited in...