The Royal Government of Cambodia (RGC) developed and launched the Public Financial Management Reform Program (PFMRP) with a detailed, prioritized, and sequenced action plan in 2004. The PFMRP is a sector...
The paper will initially review the idea of public-private partnerships (PPPs) as it has evolved over the past few decades first in OECD countries, and then in developing countries. Questions will include:...
Successful transition from conflict and fragility hinges on the quality and legitimacy of public financial management (PFM) systems. This article shows that such systems develop asymmetrically in these...
Bangladesh is one of the world's poorest and most densely populated countries, and subject to annual cyclones and flooding. Despite these challenges, it benefits from strong economic growth, good performance...
Moldova has suffered over the last two decades from rising poverty, territorial secession, armed conflict, and the spillover effects of a regional financial crisis, with declining population size and life...
Azerbaijan is a secular, majority-Shiite, oil and gas-rich country whose per-capita income quadrupled in real terms during the period 2004-10. While rising incomes have reduced poverty, steps towards a...
The focus of this paper is on the institutions outside the executive branch that include supreme audit institutions, legislative oversight bodies (such as parliamentary public accounts and budget committees...
Cambodia is one of the world's most open economies, sustaining high levels of growth in an environment of relatively weak governance. Emerging from a legacy of genocide and civil conflict, the country...
In today's fragile and conflicted states, this process is slow and the trajectory uncertain. Many have achieved a sustained turn-around, but as often they suffer from long term 'shrinkage in effective...