The empirical literature on institutions and development has been challenged on grounds of reverse causality, measurement error in institutional indicators, and heterogeneity. This paper uses firm-level...
China is considering ways to attract additional capital to finance investment in railways. Worldwide, private capital has been attracted to the railway sector through a range of mechanisms including: (i)...
The response to the GRI Indicators presents a glimpse into the World Bank's (also known as the International Bank for Reconstruction and Development or IBRD in the capital market) complex suite of activities...
The study was undertaken by the author under contract with the Development
This press release announces the International Finance Corporation (IFC) invest up to US 20 million dollars in one of Korea’s leading food companies, Halim & Co., Ltd., to help it to restructure and ride...
The Second Private Sector Development Project is a follow-up to the first private sector development (PSD 1) project. Its principal objectives are to: a) promote private sector growth and create conditions...