It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for…

Jemima Sy |

As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the…

Christopher Bleakley |

Photo: gui jun peng/Shutterstock.com In many parts of the world, the sharing economy is ever-present for individuals, allowing them to use personal assets—for example, houses and cars—to their…

Natalija Gelvanovska-Garcia, Rhedon Begolli |

Global competition to attract foreign and domestic direct investment is so high that nearly all countries offer incentives (such as tax holidays, customs duty exemptions and subsidized loans) to…

Harald Jedlicka, Yassin Sabha |

The former Yugoslavia was mainly known for its not-so-successful and cheap cars, primarily the Yugo. In its review of the 50 worst cars of all time, Time magazine referred to the Yugo GV as the “…

John Mackedon, Lazar Šestović |

The invitation for new SAFE Trust Fund applications is now open until 7 March 2016What is SAFE?

Soukeyna Kane |

Photo credit: Data Logistics Center In January, Estonia, Latvia and Lithuania finished the five-year construction of the Baltic Highway – a broadband backbone network that takes advantage of fiber…

Natalija Gelvanovska-Garcia, Zhenia Viatchaninova Dalphond |

The SAFE Trust Fund application (Word document) is now open until 27 February 2015.  What is SAFE?   SAFE means Strengthening Accountability and the Fiduciary Environment. It is a Trust Fund group…

Soukeyna Kane |

Editor's Note: "Notes From the Field" is an occasional feature where we let World Bank professionals conducting interesting trade-related projects around the globe explain some of…

Kaori Niina, Miles McKenna |

The countries of the Western Balkans – which include the states of the former Yugoslavia, along with Albania – are not exactly world-famous for their entrepreneurial spirit. Yet if you look at…

Jeanette Thomas |