Financial Sector Reforms in Vietnam: Selected Issues and Problems

The purpose of this report is to concentrate on performing in-depth analyses of selected issues of prominence and importance for the future success of the reform process rather than describing the current day-to-day operations and procedures in the financial sector. This eclectic approach implies that other important issues such as the development of a payment system, the state and prospects for the inter-bank markets, and the human capital and organisational issues in the state-owned banks are neglected and/or not analysed in depth. They are, however, omissions due to constraints imposed by funds and time available rather than a failure to comprehend their importance. In this context, the present report should thus be viewed as a first step towards establishing an open dialogue about the nature and speed of the financial sector reforms in Vietnam based on recurrent independent assessments of financial sector issues and problems.Financial Sector Reforms, Vietnam

Financial Sector Reforms in Vietnam: Selected Issues and Problems

The purpose of this report is to concentrate on performing in-depth analyses of selected issues of prominence and importance for the future success of the reform process rather than describing the current day-to-day operations and procedures in the financial sector. This eclectic approach implies that other important issues such as the development of a payment system, the state and prospects for the inter-bank markets, and the human capital and organisational issues in the state-owned banks are neglected and/or not analysed in depth. They are, however, omissions due to constraints imposed by funds and time available rather than a failure to comprehend their importance. In this context, the present report should thus be viewed as a first step towards establishing an open dialogue about the nature and speed of the financial sector reforms in Vietnam based on recurrent independent assessments of financial sector issues and problems

Scaling Up AIDS Treatment in Developing Countries: A Review of Current and Future Arguments

Until recently, antiretroviral treatment against AIDS was perceived to be beyond the reach of the majority of patients in developing countries. This situation has changed drastically as international funding for AIDS treatment has swelled to several billion dollars a year. What has brought about this change? Analysis of the merit of six arguments often put forward against scaling up AIDS treatment in developing countries makes it clear that the most significant (and perhaps only) real change has been the large reduction in the price of the drugs. Although affordability is obviously a central issue, it is noticeable that most of the remaining arguments continue to be unresolved. This underlines the dangers of proceeding too fast towards treatment goals. Copyright Overseas Development Institute, 2005.

Guinea-Bissau: War, Reconstruction and Reform

In June 1998, Guinea-Bissau was thrown into conflict by a military revolt. This led to 11 months of fighting, extensive loss of life, and the displacement of up to a third of the country's population. This paper discusses the political economy of the conflict, the difficulties in negotiating its end, and the tasks that now face donors and national actors in creating a state capable of directing the development process. Formidable constraints exist including the government's dire fiscal situation, the demands of the army, and an unsustainable debt position. The paper argues that the current institutional distinction between emergency relief and development aid hinders an effective focus on conflict prevention, and proposes a 'Win-Hold-Win' strategy for donors in their efforts to achieve reconstruction, political stability and economic reform. The paper concludes by stressing the wider implications of Guinea-Bissau's experience and the challenges it still faces