Privatisation in Sub-Saharan Africa: Where Do We Stand? spotlights the progress made in the region's privatisation effort over the last decade. With cumulative proceeds of privatisation accounting for just 8 billion compared to 46 billion in transition economies over the same period, it is...

Modernisation of service industries and the expansion of international trade have been important elements of the reform process in the Baltic States, aimed at establishing a business-friendly and pro-competitive environment for services in Estonia, Latvia and Lithuania

Rail transport accounts for 80% of all freight in Russia and its performance is critical to overall economic growth. Though the railways have been starved of investment they are now in the process of rapid reform, and maintaining momentum will be crucial

In the face of rapid population ageing and the trend towards early retirement, there is a need to promote better employment opportunities for older people. Much has been said about the need for reform of old-age pensions and early retirement schemes but this may not be sufficient to raise...

This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular...

The Czech government placed high priority on implementing and observing the international standards relevant for financial stability. The supervisory staff exhibited a high understanding of best international supervisory standards, policies, and practices. Nevertheless, the report noted...

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public enterprises in these economies. It considers issues such as...