Reforming the Investment Climate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reforming the Investment Climate write by Sunita Kikeri. This book was released on 2006-01-01. Reforming the Investment Climate available in PDF, EPUB and Kindle. This paper analyzes the administrative, political and technical challenges involved in passing and implementing investment climate reforms in developing countries. Drawing on more than 25 case studies, the authors emphasize the role of international bench-marking in triggering reform, the importance of pilot projects for policy learning and experimentation and the need to treat implementation and monitoring as an integral part of the reform process and not merely as an afterthought
Investment Climate Reforms
Investment Climate Reforms - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investment Climate Reforms write by World Bank World Bank. This book was released on 2015-11-02. Investment Climate Reforms available in PDF, EPUB and Kindle. Private firms are at the forefront of the development process, providing more than 90 percent of jobs, supplying goods and services, and representing a significant source of tax revenues. Their ability to grow, create jobs, and reduce poverty depends critically on a well-functioning investment climate--defined as the policy, legal, and institutional arrangements underpinning the functioning of markets and the level of transaction costs and risks associated with starting, operating, and closing a business. The World Bank Group has provided extensive support to investment climate reforms. This evaluation by the Independent Evaluation Group (IEG) assesses the relevance, effectiveness, and social value of World Bank Group support to investment climate reforms as it relates to concerns for inclusion and shared prosperity. IEG finds that the World Bank Group has supported a comprehensive menu of investment climate reforms and has improved investment climate in countries, as measured by number of laws enacted, streamlining of processes and time, or simple cost savings for private firms. However, the impact on investment, jobs, business formation, and growth is not straightforward. Regulatory reforms need to be designed and implemented with both economic and social costs and benefits in mind; IEG found that, in practice, World Bank Group support focuses predominantly on reducing costs to businesses. In supporting investment climate reforms, the World Bank and the International Finance Corporation use two distinct but complementary business models. Despite the fact that investment climate is the most integrated business unit in the World Bank Group, coordination is mostly informal, relying mainly on personal contacts. IEG recommends that the World Bank Group expand its range of diagnostic tools and integrate them in the areas of the business environment not yet covered by existing tools; develop an approach to identify the social effects of regulatory reforms on all groups expected to be affected by them beyond the business community; and exploit synergies by ensuring that World Bank and IFC staff improve their understanding of each other's work and business models.
Investment Climate Reform--going the Last Mile
Investment Climate Reform--going the Last Mile - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investment Climate Reform--going the Last Mile write by Benjamin Herzberg. This book was released on 2016. Investment Climate Reform--going the Last Mile available in PDF, EPUB and Kindle. "Herzberg examines the Bulldozer Initiative in Bosnia and Herzegovina, an innovative reform methodology that successfully overcame the lack of political will and capacity at the government level through a bottom-up approach. Using an innovative grassroots and public awareness methodology, the initiative mobilized the local business community to bulldoze barriers by identifying concrete legislative changes and advocating for their adoption and implementation. By delivering fast results--50 reforms in 150 days--the initiative won the confidence of entrepreneurs and empowered them to institutionalize permanent grassroots reform committees. The force of this lobby group created political will by putting public pressure on the politicians to do their part to enact the reforms. Most important, it carried investment climate reform the last mile by delivering concrete, quantifiable results in all sectors of the economy. Over time, the initiative is establishing a dynamic of reform and public-private partnership that will facilitate the tackling of more complicated structural reforms. Complementing the systemic approach and framework reform efforts of governments and international agencies, competitiveness partnerships mobilize the local business community to catalog concrete problems across the full spectrum of investment climate concerns, pinpoint solutions, campaign for their adoption, and follow up on reform implementation. The author attempts to determine the applicability of competitiveness partnerships to different settings by modeling the interactions between several key success factors, thus providing a pertinent tool for development professionals, government officials, and private sector advocates who wish to establish a renewed implementation dynamic through this kind of results-oriented reform process. This paper--a product of the Investment Climate Unit--is part of a larger effort in the unit to communicate best practices in investment climate reform"--World Bank web site.
Reforming the Investment Climate
Reforming the Investment Climate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reforming the Investment Climate write by Sunita Kikeri. This book was released on 2012. Reforming the Investment Climate available in PDF, EPUB and Kindle. Most people agree that a good investment climate is essential for growth and poverty reduction. Less clear is how to achieve it. Many reforms are complex, involving more than technical design and content. They are both political, facing opposition from organized and powerful groups-and institutionally demanding, cutting across different departments and levels of government. Reform thus requires paying as much attention to understanding the politics and institutional dimensions as to policy substance, which is the goal of this paper. Drawing from more than 25 case studies, it shows that there is no single recipe or "manual" for reform, given diverse contexts and serendipity in any reform effort. But three broad lessons emerge. The first is to recognize and seize opportunities for reform. Crisis and new governments are important catalysts, but so is the competition generated by trade integration and new benchmarking information. The second is to invest early in the politics of reform. Central to this process is using education and persuasion strategies to gain wider acceptance and neutralize opponents. Pilot programs can be valuable for demonstrating the benefits and feasibility of change. And the third is to pay greater attention to implementation and monitoring. This does not require full scale public management reforms. Reformers can draw on private sector change management techniques to revitalize public institutions responsible for implementation. Given the cross-cutting nature of reform, new oversight mechanisms may be needed to monitor and sustain reform. The paper concludes with an emerging checklist for reformers and identifies areas for future work.
Gender Dimensions of Investment Climate Reform
Gender Dimensions of Investment Climate Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Gender Dimensions of Investment Climate Reform write by Sevi Simavi. This book was released on 2010-01-06. Gender Dimensions of Investment Climate Reform available in PDF, EPUB and Kindle. The economic empowerment of women is increasingly seen as one of the most important forces behind economic growth and the fight against poverty. Indeed, women's economic participation in an economy as entrepreneurs, employees, and leaders is recognized as a measure of a country's dynamism and viability. 'Gender Dimensions of Investment Climate Reform' provides fresh solutions to common issues that women entrepreneurs face. It presents actionable, replicable, and scalable tools for promoting gender-sensitive investment climate reforms that would benefit both women and men. The book enables development practitioners and policy makers who are not gender specialists to diagnose gender issues in an investment climate; design creative and practical solutions and recommendations for addressing gender constraints; and monitor and evaluate the implementation of those recommendations.
