This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Albania. The note analyzes the National Strategy for Development and Integration (NSDI) program, which represents a significant improvement in process over the previous PRSP. The note discusses that the...

This Selected Issues paper discusses the economics of energy price reform in the Islamic Republic of Iran. Economic policies in Iran have traditionally relied on the abundant availability of energy at a low price to finance the country’s economic development. Low domestic energy prices...

This paper focuses on Togo’s Poverty Reduction Strategy. The Interim Poverty Reduction Strategy Paper adopted by the government in March 2008 has allowed Togo once again to benefit from international financial cooperation. With a view to improving political and economic governance, the...

In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the fiscal risk. If a public enterprise is considered...

The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...

This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that the crisis: (1) had an overall negative impact on measured output growth—although anecdotal evidence suggests possibly a positive impact on output in the informal sector;...

The Pakistani authorities placed a request for a nine-month extension of the Stand-By Arrangement (SBA), to get sufficient time to complete the remaining fifth and sixth reviews under the SBA. The authorities believe that extending the arrangement will provide time to complete the reform of the...

Côte d’Ivoire's government decided on the National Development Plan to give a new impetus to its development policy. This new strategy is based on an ambitious and realistic recovery and development program centered on private and public investment. The institutional monitoring framework for...