, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role … played by ideas, interests and institutions. More specifically, we examine the role played by the 'reform team' investigate …

capture, and then protect, these rents leads to the creation of new distortions, even as the reform process tries to move … governments throughout the economy sought to capture these rents by developing high margin industries. Continued reform, and …, leading local governments to impose a variety of interregional barriers to trade. Thus, the reform process led to the …

feudal elite; withdrew its hand with a propitious mass privatization that rallied the private sector; marginalized an …

Morocco starting in 2006 by Al Amana, the country's largest microfinance institution. Al Amana was the only MFI operating in …