The working paper series has been produced to stimulate debate on the economic transformation of central and eastern Europe and the CIS. Views presented are those of the authors and not necessarily of the EBRD.
Some early Working Papers are available in hard copy from the EBRD Publications Desk, subject to availability please use the electronic version.
This paper investigates how contract specificities affect the performance of municipal infrastructure projects in the transportation, district heating, water, waste water and solid waste sectors. Using data from projects financed by the European Bank for Reconstruction and Development, we look at the effect of involving private parties with varying degrees of risk, and involving public parties other than the respective municipality.
| Publications from this series |
| Title | Publication date |
| The determinants of performance in building infrastructure in transition economies | Jun 08 |
| Internal capital markets and lending by multinational bank subsidiaries | Feb 08 |
| What determines banks’ customer choice? Evidence from transition countries | Nov 07 |
| Should market liberalisation precede democracy? Causal relations between political preferences and development | Aug 07 |
| Business environment and enterprise behaviour in East Germany compared to West Germany and central Europe | Jun 07 |
| Mobility, poverty and well-being among the informally employed in Bosnia and Herzegovina | Jan 07 |
| Does enterprise-level training compensate for poor country-level skills? | Dec 06 |
| Ageing, pension reforms and capital market development in transition countries | Dec 06 |
| Forecasting inflation for transition countries: How accurate are the EBRD forecasts? | Sep 06 |
| The impact of crime on the enterprise sector: Transition versus non-transition countries | Jul 06 |
| Regulatory induced herding? Evidence from Polish pension funds | Jun 06 |
| Beyond borders: Reconsidering regional trade in Central Asia | Mar 06 |
| Accuracy of growth forecasts for transition countries: Assessing ten years of EBRD forecasting | Dec 05 |
| Filling the gap in urban transport: Private sector participation in transition countries | Dec 05 |
| Can poor consumers pay for energy and water? | Aug 05 |
| Does transition make you happy? | Jun 05 |
| Reforms and growth in transition: re-examining the evidence | Jun 05 |
| European financial integration and the financing of local businesses in the new EU member states | Oct 04 |
| Inflation, exchange rates and the role of monetary policy in Albania | Sep 04 |
| The dynamic adjustment towards target capital structures of firms in transition economies | Jul 04 |
| Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries | Apr 04 |
| Anti-corruption programmes in post-communist transition countries and changes in the business environment, 1999-2002 | Nov 03 |
| The 2002 Business Environment and Enterprise Performance Survey: Results from a survey of 6,100 firms | Nov 03 |
| Transition and international integration in eastern Europe and the former Soviet Union | Nov 03 |
| Trust in transition: cross-country and firm evidence | Oct 03 |
| Stock markets and industry growth: an eastern European perspective | Oct 03 |
| Bridging the gaps? Private sector development, capital flows and the investment climate in south-eastern Europe | Jun 03 |
| Power sector regulatory reform in transition economies: Progress and lessons learned | Feb 03 |
| Benchmarking structural change in transition | Feb 03 |
| The investment climate for climate investment: Joint Implementation in transition countries | Jan 03 |
| Bank performance in transition economies | Nov 02 |
| Contracting in transition economy municipal projects | Sep 02 |
| What should the multilateral development banks do? | Jun 02 |
| Capital flight and capital outflows from Russia: symptom, cause and cure | Jun 02 |
| The energy intensity of transition countries | Jun 02 |
| Banking reform and development in transition economies | Jun 02 |
| Ownership and corporate governance in Russian industry: a survey | Jan 02 |
| Liberalisation of the Russian power sector | Jan 02 |
| Competition across transition economies: an enterprise-level analysis of the main policy and structural determinants | Dec 01 |
| Foreign direct investment financing of capital formation in central and eastern Europe | Dec 01 |
| Nature’s blessing or nature’s curse: the political economy of transition in resource-based economies | Nov 01 |
| Labour market states, mobility and entrepreneurship in transition economies | Nov 01 |
| Financial structures to promote private sector development in south-eastern Europe | Jun 01 |
| Competition and enterprise performance in transition economies: evidence from a cross-country survey | Jun 01 |
| Effective versus statutory taxation: measuring effective tax administration in transition economies | May 01 |
| Social capital in transition: a first look at the evidence | Feb 01 |
| The Measurements and Determinants of Institutional Change: Evidence from Transition Economies | Feb 01 |
| Objectives and constraints of entrepreneurs: evidence from small and medium-sized enterprises in Russia and Bulgaria | Nov 00 |
| Intervention, corruption and capture: the nexus between enterprises and the state | Oct 00 |
| An analytical framework for evaluating transition impact of infrastructure projects | Oct 00 |
| Ten years after: what is special about transition countries? | Aug 00 |
| Defying the odds: initial conditions, reforms and growth in the first decade of transition | Jun 00 |
| Taxes, competition and finance for Albanian enterprises: evidence from a field study | Jun 00 |
| Regulatory reform and market development in power sectors of transition economies: the case of Kazakhstan | Jun 00 |
| Assessing macroeconomic vulnerability in central Europe | Jun 00 |
| Measuring governance and state capture: the role of bureaucrats and firms in shaping the business environment | Jun 00 |
| Barter and non-monetary transactions in transition economies: Evidence from a cross-country survey | Jun 00 |
| Patterns of legal change: shareholder and creditor rights in transition economies | May 00 |
| Law and finance in transition economies | Feb 00 |
| Competition policy implementation in transition economies: an empirical assessment | Dec 99 |
| The causes and consequences of Albanian emigration during transition: evidence from micro-data | Dec 99 |
| Contract enforcement in transition | Oct 99 |
| Entrepreneurs and the ordering of institutional reform: Poland, Romania, Russia, the Slovak Republic and Ukraine compared | Oct 99 |
| Property rights, finance and entrepreneurship | Oct 99 |
| Why do firms hide? Bribes and unofficial activity after Communism | Oct 99 |
| Competition in the power sectors of transition economies | Aug 99 |
| Measuring progress in transition and towards EU accession: a comparison of manufacturing firms in Poland, Romania and Spain | Apr 99 |
| Trust in transition | Apr 99 |
| Implications of the euro for the integration process of the transition economies in central and eastern Europe | Mar 99 |
| Understanding barter in Russia | Dec 98 |
| Competition, entry, and the social returns to infrastructure in transition economies | Dec 98 |
| Financing transition: investing in enterprises during macroeconomic transition | Dec 98 |
| The determinants of official and free-market exchange rates in Albania during transition | Nov 98 |
| Is lack of funds the main obstacle to growth? | Nov 98 |
| Policy and implementation issues in reforming pension systems | Aug 98 |
| The future of the economic transition | Jul 98 |
| Optimal design of bank bailouts: the case of transition economies | Apr 98 |
| Bank restructuring and enterprise reform | Feb 98 |
| Macroeconomic and financial stability: transition and East Asian “contagion” | Feb 98 |
| Capital flows to eastern Europe and the former Soviet Union | Feb 98 |
| Private ownership and corporate performance: evidence from transition economies | Oct 97 |
| Informal institutions, social capital and economic transition: reflections on a neglected dimension | Aug 97 |
| Restructuring infrastructure in transition economies | May 97 |
| Promoting an effective market economy in a changing world | Feb 97 |
| Enterprise restructuring and social benefits | Jan 97 |
| Russian Dilemmas | Jan 97 |
| A framework for a development strategy in a market economy: objectives, scope, institutions and instruments | Aug 96 |
| Macroeconomic policy and the role of the state in a changing world | Jun 96 |
| The transition in eastern Europe and the former Soviet Union: some strategic lessons from the experience of 25 countries over si | Jun 96 |
| Building sound banking in transition countries | Apr 96 |
| Obstacles to enterprise restructuring in transition | Dec 94 |
| Lasting growth as the top priority: macroeconomic tensions and government economic policy in Hungary | Dec 94 |
| Enterprise restructuring in the transition: an analytical survey of the case study evidence from central and eastern Europe | Jul 94 |
| Transition: private sector development and the role of financial institutions. | Jul 94 |
| The behaviour of state firms in eastern Europe: pre-privatisation | Oct 93 |
| Common fallacies in the debate on the economic transition in central and eastern Europe | Oct 93 |
| Domestic and trade policy for central and eastern European agriculture | Oct 93 |
| EC imports from eastern Europe: iron and steel | Oct 93 |
| 'Heterodox' stabilisation in eastern Europe | Jul 93 |
| Private investment in central and eastern Europe: survey results | Jul 93 |
| On the speed of transition in central Europe | Jul 93 |
| A survey of private manufacturers in St Petersburg | Jul 93 |
| Helping transition through trade: EC and US policy towards exports from eastern and central Europe | Mar 93 |
| The threat of managed trade to transforming economies | Mar 93 |
| Restructuring in the Czech economy | Mar 93 |
| Needed mechanisms of corporate governance and finance in eastern Europe | Mar 93 |
