Decentralizing Infrastructure is popular PDF and ePub book, written by Antonio Estache in 1995, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Decentralizing Infrastructure can be Read Online from any device for your convenience.
Decentralizing Infrastructure Book PDF Summary
World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrialization and economic development. The report documents the use of directed credit programs and highlights what made government intervention effective: its close consultation with industry, the existence of a competitive business environment, and a strong monitoring and evaluation system. The report notes the risk-sharing arrangements developed by Korean policymakers and the flexible adaptation of directed credit programs to the changing needs of the Korean economy. The authors also emphasize the long-term costs of reliance on directed credit programs and the measures taken in recent years to redirect the programs' objectives and redress the imbalances that have arisen along Korea's path to economic development.
Detail Book of Decentralizing Infrastructure PDF
- Author : Antonio Estache
- Release : 20 September 1995
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Business & Economics
- Total Page : 38 pages
- Language : English
- PDF File Size : 18,5 Mb
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