Viet Nam’s gross domestic product (GDP) had grown at an average of 7.5% per annum over 1996–2006 and reached 8.2% in 2006. Building on this remarkable performance, the government was determined to maintain a high economic growth of 8.0%–8.5% in 2006–2010 to reduce poverty to 11%–15% by 2010.
A difficult mountainous terrain and an inadequate transport system used to isolate southern Gansu in the western region of the People’s Republic of China (PRC). Before the project, Gansu's road density was just 9.1 kilometers (km) per 100 square kilometers (km2), or not even half the national average of 20 km per 100 km2. 24% of the villages had no road access and 25% had no bus service.
In the years leading to project preparation in 2005, the People’s Republic of China (PRC) experienced a sharp rise in demand for agricultural products, especially higher-value horticultural and livestock products.
Even before the 2007 global financial crisis, micro, small, and medium enterprises (MSMEs) in India had already been burdened by numerous systemic constraints, including limited institutional credit, high-cost borrowing, weak marketing facilities, poor infrastructure, technological obsolescence, and a perception that they are high-risk enterprises.
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