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Brazil - Rio Grande Do Sul State Reform Loan Project (anglais)

The Rio Grande Do Sul State Reform Loan Project's outcome was rated as satisfactory. Some of the key lessons include: 1) Sub-national governments are key elements within the framework of a country's overall reform program. 2) Potential windows of opportunity for reform should be capitalized. 3) For the reforms to be sustainable, a consistent system of incentives has to be in place at the national level. 4) An adequate regulatory framework at the federal...
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