Uganda pioneered the use of budget support operations known as Poverty Reduction Support Credits (PRSCs) in the World Bank. PRSCs were designed to channel programmatic lending to support policy and institutional reforms in support of a country's Poverty Reduction Strategy, usually presented in...

In order to have both dynamic and better balanced growth, Serbia needs to rely more on exports. In the last decade, Serbia's growth has depended primarily on demand that was fueled by excessive debt finance. In the future, the Serbian economy would be better served by increasing its reliance on...