This report reviews the level, composition and outcomes of government spending and distills some of the lessons that emerge from efforts by the Southeast Europe (SEE) countries in reforming expenditure policies. The report identifies key remaining challenges and proposes a broad menu of options...

Since 2003, Peru has emerged as an open, rapidly growing economy. Over the review period of 2003-09, successive governments adopted policy platforms aimed at maintaining macroeconomic stability, furthering the private sector supply response, broadening participation in growth, improving social...