Serbia now has an exceptional policy opportunity to promote skills development and create a productive future workforce and a prosperous economy. With its population aging and the nature of work changing in a technologically transforming and globalizing economy, a highly skilled Serbian...

Because of its difficult starting position in transitioning to a market economy, so far macroeconomic policy in Serbia has mainly been concerned with achieving stability. At the start of its transition in 2001, Serbia was practically bankrupt, burdened with old overdue debt and huge arrears in...

Serbia is not growing as fast it could. Investment and productivity are low and slow growing; and the continuing large role of the state in the economy makes it difficult for the private sector to accelerate economic growth. Serbia is well-positioned to turn itself into a fast-growing,...

Although current growth rates are improving incomes in Serbia, they are not bringing the country closer to average living standards in the European Union fast enough. To reach European levels of prosperity, Serbia must embrace a new, ambitious agenda for growth. Serbia can become a fast-growing,...

Having implemented a substantial fiscal response to COVID-19, Thailand's government now faces the medium-term challenge of reducing elevated deficit and debt levels, and the structural challenge of meeting rising spending needs, including those associated with an aging population, while...

This is the second and last module of a programmatic Public Expenditure Review (PER). The programmatic PER is intended to support the Government of Malawi to analyze: 1) fiscal risks and sustainability; and 2) the efficiency and equity of public expenditure, particularly in human development...

The Kyrgyz Republic economy has been hit hard by the Coronavirus disease of 2019 (COVID-19) pandemic, putting at risk the development progress achieved in recent years. The COVID-19 pandemic has added substantial pressures on the country's fiscal space for investing in human capital. The...

This second public expenditure review (PER) examines the effectiveness of government spending in Uzbekistan, with a particular focus on education, health, social protection, and water resources management. Fiscal policy and transparency reforms implemented recently in Uzbekistan have supported...

Presents the proceedings of the China Urban Transport Symposium, held in Beijing, November 9-11, 1995, jointly sponsored by China's Ministry of Construction and Ministry of Finance, the People's Bank of China, the World Bank, and the Asian Development Bank. The symposium addressed a wide range...