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Working Papers

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Economic Analysis and Policy

The Addis Ababa Action Agenda of the Third Conference on Financing for Development underscores sustainable and resilient infrastructure as a pre-requisite to sustainable development. Public-Private Partnerships (PPPs) are expected to deliver infrastructure in furtherance of this Agenda. In view of this expectation, twelve prominent PPP guidelines were reviewed for alignment with the Addis Agenda and key public governance factors. The research found that the PPP guidelines are not sufficiently aligned with the Addis Agenda, have insufficient sustainability content, and do not acknowledge the role of the public in PPPs. It recommends that the next generation of the guidelines address these…

Economic Analysis and Policy

This paper discusses Uzbekistan’s recent experience with structural shifts and industrial policy and the larger implications for existing theories of industrial policy. The paper has a particular focus on various industry policy instruments.

Two major hypotheses are discussed: (1) the hypothesis of Haussmann, Hwang and Rodrik (the more technologically sophisticated the export structure, the better for growth) and (2) the hypothesis of Justin Yifu Lin (export specialization should build on existing comparative advantages and not jump over the necessary technological stages).