Commercial financing of government-owned or controlled companies is crucial for their success but major reforms are needed before private investors will step in.
William P. Mako
William P. Mako has over two decades’ international experience in financial and private sector development – mainly in the Middle East, East Asia, and Eastern Europe. Mr. Mako retired from the World Bank in 2014 after having developed the Bank’s fee based advisory services in the Middle East, worked in the Beijing office for four years, and advised or negotiated lending conditions during financial crises in South Korea, Thailand, Indonesia, Argentina, Turkey, and Serbia. Previously, while a consultant with Price Waterhouse, Mr. Mako advised USAID on technical assistance programs and led privatization and capital market development teams throughout Eastern Europe and the former Soviet Union. Mr. Mako’s post-conflict experience includes Rwanda, Kosovo, Bosnia-Herzegovina, and Yemen. Earlier, he published while on the Defense Policy staff at the Brookings Institution. Since 2015, Mr. Mako has consulted with the IMF, Asian Development Bank, and World Bank, and taught graduate courses in South Korea and at SciencesPo and Georgetown. He has a MPPM from Yale University’s School of Management and a BSFS from Georgetown University’s School of Foreign Service, and is a member of the Council on Foreign Relations.
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