Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for granting state aid. We use a theoretical model with firms that differ in their creditworthiness and compare different types of...

This report sets out the principal aspects of civil service reform that were discussed at a workshop for the World Bank and International Monetary Fund staff on September 2, 2001. The objective of the workshop was to strengthen collaboration between the Bank and the Fund in order to achieve...

The World Bank support for public sector reform has grown notably in recent years. To address the questions of what is working and why in this area, the Independent Evaluation Group (IEG) has examined Bank lending and other support for public sector reform in four areas: public financial...