Ukraine’s economic performance has been anemic since the early 1990s. A major impediment to productivity growth has been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of institutional weakness in Ukraine and quantify the...

Kamiljon T. Akramov investigates the effectiveness of foreign aid to developing countries by comparing the results of aid allocated to a recipient's production sectors, economic infrastructure, or social sectors.

Intro -- Contents -- Preface -- Series Foreword -- 1 Introduction -- 2 The Crisis of the Early 1990s -- 3 Macroeconomic Policies before and during the Crisis and in the Upswing -- 4 Renewed Growth and Structural Change -- 5 The Importance of Human Capital -- 6 The New Economy in Finland -- 7...

As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selection of case studies on the structural reform experiences of member countries. These papers update the Board on work since the Triennial...