Over the last two decades, successive governments and business leaders in the former Yugoslav Republic of (FYR) Macedonia have been actively working to transform the country's economy and put it on a higher, technology-based, growth trajectory. For a small, landlocked country with a limited...

In an economy driven by its vital industrial sector, tackling the advancing threats of high energy consumption and GHG emissions has been a key challenge for pursuing energy efficiency in Korea. To aid policy makers promote energy efficiency in the industry sector, this report offers a...

Egypt has considerable potential to become a regional trade hub. A key challenge is how to leverage this potential to achieve inclusive and sustainable growth that benefits the country's population at large. In alignment with Egypt's decision to expand the Upper Egypt Local Development Program...

The purpose of this policy note is to present reform options on cabotage liberalization. The goal of cabotage liberalization is to help i) foster more competition in the domestic shipping industry, ii) reduce shipping cost, and iii) improve efficiency, maritime services, and safety standards....

This Policy Note focuses on distribution channels, the role they play in product diversification and costs, and how regulation can promote competition in mutual funds (MFs) distribution. In many emerging market economics (EMEs) where both the capital markets and the MFs have reached certain...

This note outlines barriers to competition in product markets based primarily on the screening of Serbian regulations using the OECD Product Market Regulation methodology and comparison to regulations in the OECD. The note focuses on topics covered by the 2018 OECD-WBG product market regulation...

Air transport plays an important role in fostering development, particularly in facilitating economic integration, generating trade, promoting tourism, and creating employment opportunities. It facilitates integration into the global economy and provides vital connectivity on a national,...

This policy paper explores airline restructuring and regulatory reform challenges and opportunities in the Southern African region with particular focus on Botswana, Eswatini, Lesotho, Namibia and South Africa. Prior to the COVID-19 pandemic crisis, the air transport sector in the region faced...

The Angolan economy is at a significant juncture. The current growth model based on oil wealth is nearly exhausted and has not delivered inclusive growth and shared prosperity. Angola faces two broad policy challenges that need to be addressed urgently: macroeconomic stabilization and a more...