Bosnia And Herzegovina: Post-conflict Reconstruction And The Transition To A Market Economy (World Bank Operations Evaluation Study.)
Laurie EffronISBN: 0821359789;
Book DescriptionAfter the 1995 peace agreement for Bosnia and Herzegovina, the World Bank played a leading role in the international effort to support post-conflict reconstruction. During the period 1996?C2003, the Bank committed millions of dollarsto rebuilding infrastructure and, in addition, supported the transformation from socialism to a market economy. Bosnia and Herzegovina assesses the Bank??s assistance to Bosnia and Herzegovina during reconstruction (1996-2003), in terms ofits objectives, scope, and outcomes. The authors contend that the reconstruction effort was highly successful with improved access to schools and health clinics; financial sector reforms were implemented and micro-finance was very successful; and economic management has improved, although tax evasion and corruption remain serious problems. Yet despite these many successful outcomes, results have been less satisfactory in private sector development and Bank support to privatization has...