From the outset state-owned enterprises (SOE) financial and economic performance generally failed to meet the expectations of their creators and funders. There were African SOEs that performed, at least for a time, adequately and sometimes very well, by the most stringent of standards (e.g.,...

In 2010, 102 infrastructure projects with private participation reached financial or contractual closing in 4 low- and middle-income countries in South Asia, involving investment commitments of US$47 billion. Infrastructure projects implemented in the 1990-2009 period attracted new investment of...

Until 2008, Seychelles pursued a state-led economic model of self sufficiency which ultimately proved unsustainable. In 2008, precipitated by rising global commodity prices, Seychelles entered a balance of payments and debt crisis, as international reserves were virtually depleted and external...

This report applies the new World Bank integrated State-Owned Enterprises Framework (iSOEF) methodology to assess The Gambia's SOE sector and its current reform trends. The report provides one of the first comprehensive applications of the World Bank's new iSOEF methodology in Africa by...