By some estimates more than 30 percent of the developing world's GDP and 70 percent of its workers are outside the official economy. The implications: Most small firms are trapped in low-productivity operations...
Is privatization necessary? By John Nellis. The privatization experience of Latin America, by Mateen Thobani. Privatization by capitalization- a popular participation recipe for cash-starved SOEs in Bolivia...
Institutional investors, facing lower rates of return on investments in the mature power and telecommunications sectors of industrial countries, have been scouring emerging markets for higher returns...