Armenia is a landlocked country in the mountainous region of Caucasus between Asia and Europe. Following the recession triggered by the 2009 global financial crisis, its gross domestic product (GDP) contracted by 14.1%, the economy grew at an average 4.7% from 2010 to 2012 before declining to an average of 3.3% from 2013 to 2015.
In August 2008, a massive flood on the Koshi River in Nepal breached its east embankment, damaging a vast area of farmlands and standing crops in the Sunsari district in the eastern region. Less than a month later, incessant heavy rains caused severe landslides and flooding, ravaging the Kailali and Kanchanpur districts in the far western region.
After rapidly increasing for 3 decades, Thailand’s growth had slowed in the years prior to project appraisal in 2009. Reinvigorating growth by strengthening competitiveness thus became the centerpiece of the government’s economic policy.
Over 90% of the terrain of the state of Uttarakhand in northern India is hilly and minimally connected through rail and air, making roads the lifeline of its transport system. But at project appraisal in 2006, about 30% of the state highways and major district roads and more than 70% of the other district and village roads needed repair or rehabilitation.