The countries of Central and Eastern Europe went from being largely closed to being largely open to international capital flows. This paper discusses their experience with capital account liberalization and coping with large capital inflows. We start with a discussion of basic economic...

The importance of private sector participation and public-private partnerships (PPPs) in promoting infrastructure development in the Asian region has been significant. Though there are several studies which have highlighted the role of PPPs in infrastructure in East and South East Asia, few...