This program trained contractors in labor-based methods in the local road contracting industry in Ghana in order to produce gravel roads of equal quality to equipment-based methods, and generate rural employment in a cost-effective manner. The program was initiated as a component of the World...

Private investment in agriculture in developing countries, both domestic and foreign, has been on the rise for nearly two decades. This paper focuses on large-scale agricultural projects in developing countries, involving the lease of farmland, which rose sharply after the food crisis of 2008....

Bulgaria has undergone a remarkable transformation over the past three decades. Despite this transformation and although European Union (EU) membership in 2007 raised expectations of living standards rapidly converging to EU levels, progress on a range of development challenges has been uneven....

"Food policy often depends on markets and markets depend on institutions. But how good do institutions have to be before reforms can be launched? Relying on well timed surveys of agricultural prices and a joint study by the Government of Bulgaria and the World Bank on agricultural market...

"The paper presents a fiscal estimate of Bulgaria's perspective European Union (EU) membership. The projected EU funds have two distinct effects: first, there is the overall effect on the balance of payments of the country; and second, there is the pure effect on the national budget. The paper...

"Although it is widely accepted that financial development is associated with higher growth, the evidence on the channels through which credit affects growth on the micro-level is scant. Using data from a cross section of Bulgarian firms, the authors estimate the impact of access to credit (as...

"This paper analyzes the process of institutional transformation in Bulgaria and assesses the extent to which it has established institutions and policies fostering domestic economic activity and integration into global markets. After a brief review of characteristics and achieved progress in...