Download or read book Reducing Administrative Barriers to Investment written by Scott H. Jacobs and published by World Bank Publications. This book was released on 2006 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Administrative Barriers to Foreign Investment in Developing Countries written by Jacques Morisset and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Administrative Barriers to Foreign Investment in Developing Countries written by Jacques P. Morisset and published by . This book was released on 2016 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Administrative Barriers to Foreign Investment written by and published by World Bank Publications. This book was released on 2000 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Administrative Barriers to Foreign Investment and Costs of Intrusive Government written by Jacques Morisset and published by . This book was released on 2004 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Administrative Barriers to Foreign Investment written by and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reducing Administrative Barriers to Investment written by Jacqueline Coolidge and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Legal Problems of Foreign Investment in Developing Countries written by E. I. Nwogugu and published by Manchester University Press. This book was released on 1965 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Friction and Cooperation in High Technology Development and Trade written by National Research Council and published by National Academies Press. This book was released on 1997-10-10 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Investment Competitiveness Report 2019 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book New Voices in Investment written by Maria Laura Gómez Mera and published by World Bank Publications. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the characteristics, motivations, strategies, and needs of FDI from emerging markets. It draws from a survey of investors and potential investors in Brazil, India, South Korea, and South Africa.
Download or read book Foreign Investment and Trade Linkages in Developing Countries written by Louka T. Katseli and published by . This book was released on 1993 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Third World Multinationals written by Louis T. Wells and published by Cambridge, Mass. : MIT Press. This book was released on 1983-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past decade, a number of Third World countries have emerged from their economic status as sources of raw materials or as sweatshops in which low-wage, low-skilled workers produced goods for the richer nations. Now they are themselves manufacturing and consuming high-quality, high-technology products and are establishing foreign subsidiaries, most often in other developing countries. This book is the first to study the significant-growth in foreign direct investment by such countries and its impact on the international economic order. Third World Multinationals explores the question of why firms based in developing countries have chosen to invest in branches, joint ventures, and wholly-owned subsidiaries overseas rather than simply export goods or enter into licensing arrangements abroad. In addition to the cost of transport, tariff barriers, and import restrictions, it identifies a number of less apparent factors, such as the motivations of managers in wanting to go abroad, the meshing of technological levels, ethnic ties, and the desire to protect proprietary processes and competitive advantages. The book compares the similarities and differences between these firms and their more established counterparts from the industrialized countries, both large and small. It examines the implications of these developments on the relations between specific home and host countries, and on North-South relations and South-South relations in general. In the face of scarce and unreliable figures, the author has compiled a considerable amount of validated data and viable estimates from numerous world sources. The cases and examples are taken mainly from South America and South and Southeast Asia, those regions that have put forth the largest number of multinational offshoots. Louis T. Wells, Jr., is Herbert F. Johnson Professor of International Management, Harvard Business School.
Download or read book Foreign Direct Investment for Development written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 2002 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment (FDI) is an integral part of an open and effective international economic system and can provide a major catalyst to development. However, the benefits of FDI do not accrue automatically and evenly across countries, sectors and local communities. This publication looks at the impact of FDI on development issues and considers the policies required to maximise its benefits for developing countries. Aspects discussed include: the macroeconomic benefits for host countries; recent FDI trends; its impact on growth; foreign trade linkages; technology transfer; human capital enhancement; market structures and competition; social and environmental consequences; and country experiences in realising the benefits of FDI.
Download or read book Foreign Direct Investment Foreign Aid and Socioeconomic Infrastructure in Developing Countries written by Amrita Ghosh Dastidar and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1970s and 1980s, developing countries, skeptical of foreign investment, imposed several barriers on entry of foreign capital. However, the late 1980s and 1990s marked the onset of globalization, which integrated the whole world into a single global economy. The once-conservative developing nations, realizing the multifarious benefits of foreign direct investment (FDI), began encouraging entry of foreign firms, using various incentives, such as tax holidays, production subsidies, cash grants, labor training grants, and import duty exemptions. Gradually, FDI and foreign aid became two very important sources of foreign capital for these capital-constrained economies. This dissertation is focused on studying if there is any kind of relationship between foreign aid and private investment in recipient countries. FDI is a decision made by foreign investors on the basis of profitability of investment, whereas foreign aid is a political decision made by governments of donor countries on the basis of need for financial assistance by developing countries. We model foreign aid as an exogenous factor in allocation of foreign direct investment, along with other variables, to estimate the effect of aid on investment. Among the factors affecting FDI, infrastructure is considered to be an important one, in allocation of funds across developing countries. This dissertation is arranged as follows. In chapter 2, we introduce the term ``socioeconomic'' infrastructure and create an index, by combining several components of infrastructure, using the multivariate technique of principal components. Prior to creating the index, we employ the technique of multiple imputation to deal with missing data. Our measure of socioeconomic infrastructure contains elements of physical infrastructure, such as transportation facilities, telecommunication facilities, consumption demand for energy and electricity, as well as social infrastructure components, such as voice and accountability, political stability and the absence of violence and terrorism, rule of law, control of corruption, government effectiveness, and regulatory quality. In chapter 3, we develop a theoretical model to address the research question: Does foreign aid impede or encourage foreign direct investment in developing nations? Our theory demonstrates that foreign aid used by the recipient country in financing a public input (known as development aid) encourages foreign direct investment. We also empirically address the same issue by modeling foreign aid as a determinant of foreign direct investment, along with a host of other factors, including our computed index of socioeconomic infrastructure. Our analysis shows that public consumption aid (foreign aid used for financing consumption expenses) does crowd out private investment in current account surplus developing countries, whereas development aid crowds in private investment in the presence of sound macroeconomic, political, legal, and administrative machineries. In chapter 4, we build a panel econometric model to explain the factors underlying socioeconomic infrastructure in developing countries. Our results indicate that countries with higher per capita income, a prominently large government, high investment demand, and large government revenue tend to have better infrastructure.
Download or read book Marketing a Country written by Louis T. Wells and published by World Bank Publications. This book was released on 2000 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Foreign Investment Advisory Service, a joint facility of the International Finance Corporation (IFC) and the World Bank, was established to help governments of developing member countries to review and adjust the policies, institutions, and programmes that affect foreign direct investment (FDI). The ultimate purpose of FIAS is to assist member governments to attract beneficial foreign private capital, technology, and managerial expertise.
Download or read book Foreign Investment Transnationals and Developing Countries written by Sanjaya Lall and published by London ; New York : Macmillan. This book was released on 1977 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: SCOTT (Copy 1): From the John Holmes Library Collection.
