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<br /> Issue #9<br /> IFC’s quarterly journal on public-private partnerships<br /> In this issue<br /> investment: Postwar promises<br /> infrastructure: Rebuilding seaports<br /> services: Telecom’s triumph<br /> economics: The cost of conflict<br /> interview: Former U.S. Ambassador<br /> Melanne Verveer<br /> RECONSTRUCTION<br /> ppps<br /> IN PARTNERSHIP WITH<br /> Australia • Austria • Brazil • Canada • Catalonia (Spain) • Flanders (Belgium) • France • Ireland • Italy •<br /> Japan • Kuwait • Netherlands • Norway • Sweden • Switzerland • United Kingdom • United States • Public-Private<br /> Infrastructure Advisory Facility (PPIAF) • Global Partnership for Output-Based Aid (GPOBA) • Private Infrastructure<br /> Development Group (PIDG) • African Development Bank • Asian Development Bank • Brazilian Development Bank<br /> (BNDES) • Caribbean Development Bank • Central American Bank for Economic Integration • European Investment<br /> Bank • European Bank for Reconst<a title="Handshake Issue #9, Reconstruction &amp; PPPs page 1" href="http://viewer.zmags.com/publication/3270b1ac?page=1"> Issue #9 IFC’s quarterly journal on publi</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 2" href="http://viewer.zmags.com/publication/3270b1ac?page=2"> IN PARTNERSHIP WITH Australia • Austria • Braz</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 3" href="http://viewer.zmags.com/publication/3270b1ac?page=3"> Letter from IFC In countries undergoing reconst</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 4" href="http://viewer.zmags.com/publication/3270b1ac?page=4"> Features Investment Climate Open for business |</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 5" href="http://viewer.zmags.com/publication/3270b1ac?page=5"> Reintegration A second chance | 76 Public works</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 6" href="http://viewer.zmags.com/publication/3270b1ac?page=6"> Contributors 24 30 Melina Heinrich</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 7" href="http://viewer.zmags.com/publication/3270b1ac?page=7"> Pierre Guislain is Director of the Investment Cli</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 8" href="http://viewer.zmags.com/publication/3270b1ac?page=8"> PERSPECTIVE peace Partnerships for In his Marc</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 9" href="http://viewer.zmags.com/publication/3270b1ac?page=9"> conflict growth & Photo © Graham Crouch/World Ba</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 10" href="http://viewer.zmags.com/publication/3270b1ac?page=10"> national fragility. While states that successfull</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 11" href="http://viewer.zmags.com/publication/3270b1ac?page=11"> quest to restore power to its citizens. By levera</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 12" href="http://viewer.zmags.com/publication/3270b1ac?page=12"> ? Which post-conflict ppp By Jeff Delmon “The</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 13" href="http://viewer.zmags.com/publication/3270b1ac?page=13"> WANTED: CRYSTAL BALL Investors and lenders assess</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 14" href="http://viewer.zmags.com/publication/3270b1ac?page=14"> foreign currency revenues from natural resource e</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 15" href="http://viewer.zmags.com/publication/3270b1ac?page=15"> CODE OF CONDUCT Principles for responsible inves</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 16" href="http://viewer.zmags.com/publication/3270b1ac?page=16"> OPEN FOR BUSINESS A favorable investment climat</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 17" href="http://viewer.zmags.com/publication/3270b1ac?page=17"> Supporting reconstruction of infrastructure The p</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 18" href="http://viewer.zmags.com/publication/3270b1ac?page=18"> be monitored. Successful early reforms can set th</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 19" href="http://viewer.zmags.com/publication/3270b1ac?page=19"> POST-CONFLICT PRAGMATISM In 2002, Afghanistan’s t</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 20" href="http://viewer.zmags.com/publication/3270b1ac?page=20"> INVESTMENT CLIMATE Political risk insurance © ep</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 21" href="http://viewer.zmags.com/publication/3270b1ac?page=21"> Political risk insurance can play a particularly </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 22" href="http://viewer.zmags.com/publication/3270b1ac?page=22"> COTE D’IVOIRE (MIGA) After a prolonged civil cris</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 23" href="http://viewer.zmags.com/publication/3270b1ac?page=23"> Expansion of the Azito Thermal Power Plant Côte d</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 24" href="http://viewer.zmags.com/publication/3270b1ac?page=24"> AFGHANISTAN (MIGA) After </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 25" href="http://viewer.zmags.com/publication/3270b1ac?page=25"> Photo © Ben Cumm ng i HAITI (OPIC) Wheat and w</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 26" href="http://viewer.zmags.com/publication/3270b1ac?page=26"> INVESTMENT CLIMATE DOING & do GOOD ing i</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 27" href="http://viewer.zmags.com/publication/3270b1ac?page=27"> Many factors impact the likely success of donor s</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 28" href="http://viewer.zmags.com/publication/3270b1ac?page=28"> ! PRIORITIZE SUPPORT AND RECOGNIZE </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 29" href="http://viewer.zmags.com/publication/3270b1ac?page=29"> COORDINATE WITH OTHER DONORS This</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 30" href="http://viewer.zmags.com/publication/3270b1ac?page=30"> A “Hippocratic Oath” for</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 31" href="http://viewer.zmags.com/publication/3270b1ac?page=31"> • Donors can undermine “shadow public sectors,</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 32" href="http://viewer.zmags.com/publication/3270b1ac?page=32"> Anke Hoeffler is a research officer at the Centre</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 33" href="http://viewer.zmags.com/publication/3270b1ac?page=33"> ECONOMICS What does it mean when economists </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 34" href="http://viewer.zmags.com/publication/3270b1ac?page=34"> • Global costs, which include refugees, drug </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 35" href="http://viewer.zmags.com/publication/3270b1ac?page=35"> Steps to ECONOMIC RECONSTRUCTION Postwar countrie</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 36" href="http://viewer.zmags.com/publication/3270b1ac?page=36"> ANATION NEW RULES</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 37" href="http://viewer.zmags.com/publication/3270b1ac?page=37"> ECONOMICS THE CONVENTIONAL PPROACH POLITICS AR</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 38" href="http://viewer.zmags.com/publication/3270b1ac?page=38"> A FRESH APPROACH RECOGNIZE THE INTERDEPENDE</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 39" href="http://viewer.zmags.com/publication/3270b1ac?page=39"> TO NATIONAL RECONSTRUCTION Photo © Grim Santo “</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 40" href="http://viewer.zmags.com/publication/3270b1ac?page=40"> LEGALEASE Teachable moments legal lessons fro</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 41" href="http://viewer.zmags.com/publication/3270b1ac?page=41"> Our work on pioneering PPPs in post-conflict coun</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 42" href="http://viewer.zmags.com/publication/3270b1ac?page=42"> TOO MANY ADVISORS MAKES FOR BAD LAW Another chall</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 43" href="http://viewer.zmags.com/publication/3270b1ac?page=43"> BE PREPARED FOR CAPACITY BUILDING IN LOCAL COUNSE</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 44" href="http://viewer.zmags.com/publication/3270b1ac?page=44"> BUSINESSES RISKY Private participation in infrast</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 45" href="http://viewer.zmags.com/publication/3270b1ac?page=45"> INFRASTRUCTURE Recent World Bank research conf</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 46" href="http://viewer.zmags.com/publication/3270b1ac?page=46"> As the graph below illustrates, conflict-affected</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 47" href="http://viewer.zmags.com/publication/3270b1ac?page=47"> trickle in over the first five years and then beg</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 48" href="http://viewer.zmags.com/publication/3270b1ac?page=48"> By focusing on a sector that has longer-term cost</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 49" href="http://viewer.zmags.com/publication/3270b1ac?page=49"> 93 2 0 22 6 40 5 THE AUTHORS GO BEHIND THE NU</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 50" href="http://viewer.zmags.com/publication/3270b1ac?page=50"> INFRASTRUCTURE After 14 years of conflict, Liber</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 51" href="http://viewer.zmags.com/publication/3270b1ac?page=51"> in 2007. Limited power was restored in the capita</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 52" href="http://viewer.zmags.com/publication/3270b1ac?page=52"> • Increase revenue by 160 percent; • Decreased lo</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 53" href="http://viewer.zmags.com/publication/3270b1ac?page=53"> from the USAID video “Starting From Zero: Rebuil</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 54" href="http://viewer.zmags.com/publication/3270b1ac?page=54"> INFRASTRUCTURE USAID lends support In post-conf</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 55" href="http://viewer.zmags.com/publication/3270b1ac?page=55"> cont. from page 51 After that: • The rebuilding</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 56" href="http://viewer.zmags.com/publication/3270b1ac?page=56"> INFRASTRUCTURE Photo © Project H Design LARGE- S</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 57" href="http://viewer.zmags.com/publication/3270b1ac?page=57"> Small-scale private service providers (SPSPs) hav</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 58" href="http://viewer.zmags.com/publication/3270b1ac?page=58"> are unattractive to formal providers. Despite </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 59" href="http://viewer.zmags.com/publication/3270b1ac?page=59"> Affordable Drinking Water in Haiti The lowest cos</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 60" href="http://viewer.zmags.com/publication/3270b1ac?page=60"> Getting off the plane for the first time in Juba,</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 61" href="http://viewer.zmags.com/publication/3270b1ac?page=61"> the country’s population does not have access to </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 62" href="http://viewer.zmags.com/publication/3270b1ac?page=62"> C peration Photo © Ken Doerr amid conflict By Ry</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 63" href="http://viewer.zmags.com/publication/3270b1ac?page=63"> international organization that operates under th</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 64" href="http://viewer.zmags.com/publication/3270b1ac?page=64"> PRECEDENTS PAVE THE WAY The Ruzizi III dam will b</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 65" href="http://viewer.zmags.com/publication/3270b1ac?page=65"> The proposed technical solution for Ruzizi III en</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 66" href="http://viewer.zmags.com/publication/3270b1ac?page=66"> has been key. EGL has been successful at bring- i</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 67" href="http://viewer.zmags.com/publication/3270b1ac?page=67"> MOVING DOWNSTREAM Multi-lateral development finan</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 68" href="http://viewer.zmags.com/publication/3270b1ac?page=68"> INFRASTRUCTURE By Mik Mundy e </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 69" href="http://viewer.zmags.com/publication/3270b1ac?page=69"> Photo © Neven Milinković/istockphoto Why are port</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 70" href="http://viewer.zmags.com/publication/3270b1ac?page=70"> 4 LANDSIDE ACCESS • Work with the agencies res</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 71" href="http://viewer.zmags.com/publication/3270b1ac?page=71"> 6 WAREHOUSING • Use quick erection storage buil</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 72" href="http://viewer.zmags.com/publication/3270b1ac?page=72"> UP reconstruction DIALING Limited physical inf</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 73" href="http://viewer.zmags.com/publication/3270b1ac?page=73"> INFRASTRUCTURE Although governmental ser</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 74" href="http://viewer.zmags.com/publication/3270b1ac?page=74"> IRAQ In Iraq, where the movement of people and go</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 75" href="http://viewer.zmags.com/publication/3270b1ac?page=75"> WEST BANK AND GAZA In the West Bank and Gaza the</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 76" href="http://viewer.zmags.com/publication/3270b1ac?page=76"> Photo © Idaho National Labratory 81,800,000 the </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 77" href="http://viewer.zmags.com/publication/3270b1ac?page=77"> BANKING ON CHANGE </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 78" href="http://viewer.zmags.com/publication/3270b1ac?page=78"> a Providing opportunities for all in a post-c</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 79" href="http://viewer.zmags.com/publication/3270b1ac?page=79"> work Public works at Northern Uganda Two decades</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 80" href="http://viewer.zmags.com/publication/3270b1ac?page=80"> REINTEGRATION / 78 | IFC.ORG/HANDSHAKE to © </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 81" href="http://viewer.zmags.com/publication/3270b1ac?page=81"> IFC | 79 FROM LIBERIA </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 82" href="http://viewer.zmags.com/publication/3270b1ac?page=82"> Photo © Gates Foundation Education under</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 83" href="http://viewer.zmags.com/publication/3270b1ac?page=83"> often attracts an injection of resources that can</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 84" href="http://viewer.zmags.com/publication/3270b1ac?page=84"> The Hon. Melanne Verveer was the U.S. Ambassador-</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 85" href="http://viewer.zmags.com/publication/3270b1ac?page=85"> INTERVIEW What are the issues that matter to </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 86" href="http://viewer.zmags.com/publication/3270b1ac?page=86"> How are the specific needs of women entrepreneurs</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 87" href="http://viewer.zmags.com/publication/3270b1ac?page=87"> To the extent that these new private initiatives </a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 88" href="http://viewer.zmags.com/publication/3270b1ac?page=88"> FAST FACTS 25% 30% of the world</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 89" href="http://viewer.zmags.com/publication/3270b1ac?page=89"> “ Peace hath her victories No less renowned</a> <a title="Handshake Issue #9, Reconstruction &amp; PPPs page 90" href="http://viewer.zmags.com/publication/3270b1ac?page=90"> Subscribe: ifc.org/handshake Connect with us: </a>