Reducing Administrative Barriers to Investment

Reducing Administrative Barriers to Investment PDF Author: Scott H. Jacobs
Publisher: World Bank Publications
ISBN: 0821364952
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
This book describes the recent activities of the Foreign Investment Advisory Service (a joint facility of the IFC and the World Bank) to help governments in developing and transition economies to identify and remove administrative barriers to investment. Lessons learned include the critical need for political will to implement reforms, leadership from center of government, and capacity to ensure sound implementation of legislative and regulatory reform over an extended period of time, including regular monitoring and evaluation.

Reducing Administrative Barriers to Investment

Reducing Administrative Barriers to Investment PDF Author: Scott H. Jacobs
Publisher: World Bank Publications
ISBN: 0821364952
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
This book describes the recent activities of the Foreign Investment Advisory Service (a joint facility of the IFC and the World Bank) to help governments in developing and transition economies to identify and remove administrative barriers to investment. Lessons learned include the critical need for political will to implement reforms, leadership from center of government, and capacity to ensure sound implementation of legislative and regulatory reform over an extended period of time, including regular monitoring and evaluation.

Administrative Barriers to Foreign Investment in Developing Countries

Administrative Barriers to Foreign Investment in Developing Countries PDF Author: Jacques Morisset
Publisher:
ISBN:
Category : Bureaucracy
Languages : en
Pages : 32

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Book Description


Administrative Barriers to Foreign Investment in Developing Countries

Administrative Barriers to Foreign Investment in Developing Countries PDF Author: Jacques P. Morisset
Publisher:
ISBN:
Category :
Languages : en
Pages : 21

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Book Description
Recent international experience has shown that excessively complex administrative procedures required to establish and operate a business discourage inflows of foreign direct investment. Morisset and Lumenga Neso present a new database on the administrative costs faced by private investors in 32 developing countries. The database is much more comprehensive than the existing sources, as it contains not only information on general entry procedures, such as business and tax registration, but also captures regulation on land access, site development, import procedures, and inspections. The data include measures on the number of procedures, direct monetary costs, and time.The cost of administrative procedures vary significantly across countries. The most important barriers appear to be the delays associated with securing land access and obtaining building permits, which in several countries take more than two years. Countries that impose excessive administrative costs on entry tend to be equally intrusive in firm operations, thereby weakening the argument that barriers to entry are a substitute for the government's unwillingness or inability to regulate enterprise operations. The level of administrative costs is positively correlated with corruption incidence and exhibits a negative correlation with the quality of governance, degree of openness, and public wages. These correlations suggest that administrative reforms need to be incorporated into the broader agenda for reforms such as trade and financial liberalization, the fight against corruption, and public sector administration.This paper - a product of the Foreign Investment Advisory Service - is part of a larger effort to study the role of administrative barriers in the investment decision of private firms.

Administrative Barriers to Foreign Investment

Administrative Barriers to Foreign Investment PDF Author:
Publisher: World Bank Publications
ISBN: 9780821346297
Category : Business & Economics
Languages : en
Pages : 195

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Book Description
When at every turn, they find a new twist, or a new requirement, foreign investors in Africa can be easily discouraged from setting up businesses. Although many African governments have liberalized and reformed investment policies and promote themselves as investment sites, the reality facing investors differs greatly. To help change the 'lack of investor response' to Africa's enticements, this book examines the administrative constraints to investment in several African countries. It presents the experience that confronts investors when they set up a company. The case histories demonstrate how the morass of licenses, approvals, permits, and other requirements that result in undue delays and unforeseen costs encourage bribery and corruption and foster an environment of pervasive uncertainty for all investors. The chapters are divided into four areas, which correspond roughly to the chronological process of investment. They are: 1) general approvals, licenses, and registrations; 2) specialized approvals; 3) requirements to gain access to land, site development, and utility connections; and 4) operational requirements. This publication will be of interest to government officials, academics, and investment firms.

Administrative Barriers to Foreign Investment and Costs of Intrusive Government

Administrative Barriers to Foreign Investment and Costs of Intrusive Government PDF Author: Jacques Morisset
Publisher:
ISBN:
Category :
Languages : en
Pages : 30

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Book Description


Administrative Barriers to Foreign Investment

Administrative Barriers to Foreign Investment PDF Author:
Publisher:
ISBN:
Category : Bureaucracy
Languages : en
Pages : 0

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Book Description


Reducing Administrative Barriers to Investment

Reducing Administrative Barriers to Investment PDF Author: Jacqueline Coolidge
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This book describes the recent activities of the Foreign Investment Advisory Service (a joint facility of the IFC and the World Bank) to help governments in developing and transition economies to identify and remove administrative barriers to investment. Lessons learned include the critical need for political will to implement reforms, leadership from center of government, and capacity to ensure sound implementation of legislative and regulatory reform over an extended period of time, including regular monitoring and evaluation.

The Legal Problems of Foreign Investment in Developing Countries

The Legal Problems of Foreign Investment in Developing Countries PDF Author: E. I. Nwogugu
Publisher: Manchester University Press
ISBN:
Category : Developing countries
Languages : en
Pages : 358

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Book Description


International Friction and Cooperation in High-Technology Development and Trade

International Friction and Cooperation in High-Technology Development and Trade PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309057299
Category : Political Science
Languages : en
Pages : 451

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Book Description


Global Investment Competitiveness Report 2019/2020

Global Investment Competitiveness Report 2019/2020 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464815437
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
The Global Investment Competitiveness Report 2019-2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to enhance investor confidence in times of uncertainty. The report's findings and policy recommendations are organized around "3 ICs" - they provide guidance to governments on how to increase investments' contributions to their country's development, enhance investor confidence, and foster their economies' investment competitiveness. The report presents results of a new survey of more than 2,400 business executives representing FDI in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. The results show that over half of surveyed foreign businesses have already been adversely affected by policy uncertainty, experiencing a decrease in employment, firm productivity, or investment. Foreign investors report that supporting political environments, stable macroeconomic conditions, and conducive regulatory regimes are their top three investment decision factors. Moreover, the report's new global database of regulatory risk shows that predictability and transparency increase investor confidence and FDI flows. The report also assesses the impact of FD! on poverty, inequality, employment, and firm performance using evidence from various countries. It shows that FDI in developing countries yields benefits to their firms and citizens-including more and better-paid jobs-but governments need to be vigilant about possible adverse consequences on income distribution. The report is organized in S chapters: Chapter 1 presents the results of the foreign investor survey. Chapter 2 explores the differential performance and development impact of greenfield FDI, local firms acquired by multinational corporations {i.e. brownfield FDI), and domestically-owned firms using evidence from six countries. Chapter 3 assesses the impact of FDI on poverty, inequality, employment and wages, using case study evidence from Ethiopia, Turkey and Vietnam. Chapter 4 presents a new framework to measure FDI regulatory risk that is linked to specific legal and regulatory measures. Chapter S focuses on factors for increasing the effectiveness of investment promotion agencies.