What impact do road user charges have on cost recovery? And when they fail to cover total costs, how should the resulting deficit be financed?

IFC Lessons of Experience Paper No. 3. Describes the International Finance Corporation's (IFC's) 20 years of leasing experience in developing countries and assesses the developmental impact of leasing. The IFC has invested in leasing companies in more than half of the developing countries that have a leasing industry today.

New Directions in Development Economics is divided into two parts. The first half considers the dilemna of growth with special reference to its environmental cost. The second half focuses on the role of the state in the context of the growing dominance of the free market argument. The contributors include Paul Collier, Partha Dasgupta, Ronald Findlay and Deepak Lal.

Options for restructuring the Volàn group -- the current provider of Hungary's public passenger and freight transport services and the largest enterprise in Hungary's road transport industry.

A clear dichotomy exists between an European economy centred on international trade and the environmental damage to which this focus gives rise. There is a need for a novel approach based on a shift away from the goal of ever-faster travel and ...

Fixed exchange rates have been a bad bargain for the CFA member countries. Under reasonable tradeoffs between output and inflation, these countries would have been better off having the flexibility to adjust to external shocks.