The little data book on private sector development coincides with the unfolding of the global financial crisis. There is strong evidence that crises can stimulate reform of the investment climate. A better investment climate makes economic adjustment easier and helps attract capital to create...

An acceptable coherent framework of fundamental accounting principles is essential for preparing financial statements. The major reasons for providing the framework are to: 1) identify the essential concepts underlying the preparation and presentation of financial statements; 2) guide standard...