As part of the Commercial Legal and Institutional Reform (CLIR) IQC, this USAID-funded activity was designed to assist the Supreme Court of the Republic of Indonesia in the development of the nation's commercial court and in the establishment of an anticorruption court. The project supported reforms in these specialized courts, with emphasis on improving operational capacity, increasing government transparency, developing case management capacity and facilitating public access to information. Crimson experts contributed to the project in the areas of court administration and reform, under a subcontract to Booz Allen Hamilton.
Crimson completed a detailed study for the IFC on the development of debt capital markets in Bangladesh, focusing on issuance of corporate bonds and asset-backed securities (including mortgage-backed securities). This included a thorough analysis of the current state of the Bangladesh debt market, profiles of institutional investors and analysis of secondary markets as well as analysis of the current legal and regulatory environment. The study also provided recommendations for removing critical impediments and actions to be taken in the short, medium and long term to improve the functioning of both primary and secondary markets.
The project was designed to support the development of the private sector in Northeastern India. Assistance focused on developing innovative approaches to greater economic integration of the region, developing global and intraregional transport, and increasing communications and information, trade and investment activities. Under the project, Crimson experts designed a finance facility to promote exports for private sector development.
Technical assistance on this project included
identifying and analyzing policy, legal and institutional constraints to
private sector growth in Nepal and developing and implementing
recommendations to help the private sector overcome identified
constraints. Crimson experts designed and created a private sector fund
to catalyze investment and growth opportunities in the Nepalese SME
market. Crimson structured an innovative, 15 million USD financing
vehicle that incorporates equity, quasi-equity and debt to maximize
financing and investment opportunities for SMEs in Nepal.