This issue of Law in Transition focuses on promoting innovation and sustainable growth through law reform. In particular, it considers how finding innovative solutions to complex development challenges is essential, and innovation thrives best when facilitated by enabling conditions, including predictable and transparent legal rules enforced by a competent judiciary.
Topics covered in this issue include: supporting Georgia with the development of a National Energy Efficiency Action Plan; legal reform trends in our Bank’s region; the provision of high-speed, quality broadband, specifically in Serbia; an assessment of public-private partnerships laws; improving the process for online small value procurement in Tunisia; the emergence of Fintech and its potential for small and medium-sized enterprises; and possible solutions for Sharia-compliant factoring in the southern and eastern Mediterranean region.
The journal also examines: a new system of rights for creditors with security interest over rolling stock; the system of account blocking in the Western Balkans; the corporate governance regimes of the Bank’s region; and lastly, the Bank’s extensive work supporting the capacity-building of state institutions.
This latest issue of Law in Transition draws on contributions from a wide range of experts working in the Bank’s region of operations and beyond. Their hard-won lessons and ideas can be applied to many countries facing similar challenges.