In many Asian countries, government institutions have played an important role in guaranteeing SME loans. Nevertheless, they have also exhibited lacklustre operating profits in recent years. Two episodes of failures involving companies offering credit guarantees highlight the importance of...

Development of infrastructure projects with private engagement through PPP has become one of the commonly adopted procurement strategies in developed and developing countries. All over the world where PPP procurement has been used in one form or another, the way in which it is carried out has...

Infrastructure provision the world over has undergone a series of profound changes in the manner of its financing and governance over the last 30 years or so. While the role of the state has diminished as a direct provider, builder and operator of infrastructure, its role as regulator and...