Why does the Bank prepare country strategies?
Each country is at a different stage in its transition towards establishing a market economy. Local conditions determine how the Bank can operate, shape its strategy and in some cases lead it to devise innovative ways of providing financing and reducing risk. The EBRD prepares addWebPublisherWarning(“Free-Text Link”, “The link to /pages/about/what/policies.shtml has been omitted as the document in not Active”); detailed strategies for each of its countries of operations, adapting its financial tools and working methods to the opportunities and needs of each country and project. The level and pattern of demand for EBRD financing vary depending on the country’s stage of transition and its attractiveness to private sector investors.
