The Rural Investment Climate : Analysis and Findings
Interest in investment climates has emerged relatively recently. In the 1960s and 1970s, governments in many countries believed they should play a direct role in rural credit, input supply, production, trade, transport, distribution, and even marke...
| Main Author: | |
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| Format: | Other Rural Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/01/16569547/rural-investment-climate-analysis-findings http://hdl.handle.net/10986/12612 |
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okr-10986-12612 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCOUNTING ADB ADMINISTRATIVE BURDENS AGRICULTURAL DEVELOPMENT AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE ANALYSIS OF VARIANCE ANALYTICAL METHODS AUDITING AVAILABILITY OF FINANCE BANKRUPTCY BANKRUPTCY LAWS BARRIERS TO ENTRY BENCHMARK BENCHMARKING BENCHMARKS BRIBES BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT SERVICES BUSINESS ORGANIZATION CAPITAL ASSETS CAPITAL FINANCE CAPITAL STOCK COMMERCIAL AGRICULTURE COMMODITY FUTURES COMMUNITY SURVEYS COMPETITIVENESS CORRUPTION COST-EFFECTIVENESS COUNTRY COMPARISONS CREDIT CONSTRAINTS CREDIT MARKET DEBT DEVELOPMENT BANK DEVELOPMENT POLICIES DEVELOPMENT POLICY DIVERSIFICATION DIVERSIFIED INCOME DONOR AGENCIES EARNINGS ECONOMETRIC ANALYSIS ECONOMETRIC MODELING ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC CHARACTERISTICS ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIES OF SCALE ECONOMIES OF SCOPE EMPLOYEE EMPLOYMENT GROWTH ENDOWMENTS ENTERPRISE DEVELOPMENT ENTREPRENEUR ENTREPRENEURIAL ACTIVITY ENTREPRENEURIAL BEHAVIOR ENTREPRENEURS ENTREPRENEURSHIP EXCHANGE RATE EXPATRIATES EXPENDITURES FAMILIES FAMILY BUSINESSES FARM EMPLOYMENT FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL NEEDS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL STABILITY FOOD POLICY FOOD SAFETY FORMAL CREDIT FORMAL FINANCIAL SERVICES FORMAL LENDING FUTURE RESEARCH FUTURE STUDIES GDP GDP DEFLATOR GDP PER CAPITA GENDER GOVERNMENT INTERVENTIONS GROSS DOMESTIC PRODUCT GROSS SALES GROSS VALUE GROWTH RATE HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD INCOME DIVERSIFICATION HOUSEHOLD INVESTMENT HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLDS HUMAN CAPITAL INCOME GROUPS INCOME SHARES INEQUALITY INFLATION INFORMATION TECHNOLOGY INSURANCE INSURANCE SERVICE INTEREST RATE INTERNATIONAL BANK INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT CLIMATE ISSUES INVESTMENT DECISIONS INVESTMENT NEEDS LABOR FORCE PARTICIPATION LABOR MARKETS LAND OWNERSHIP LAND USE LAWS LIVING STANDARDS MACROECONOMIC STABILITY MARKET CONSTRAINTS MARKET DEVELOPMENT MIGRATION NET VALUE NEW ENTRANTS NONFARM INCOME OPERATING COSTS PER CAPITA INCOME PHYSICAL ASSETS POLICY ENVIRONMENTS POOR HOUSEHOLDS POOR PEOPLE PORTFOLIO POTENTIAL OUTPUT POVERTY LINE POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIVATE ENTERPRISE PRIVATE ENTERPRISES PRIVATE INVESTORS PRIVATIZATION PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC EXPENDITURES PUBLIC SERVICES REGRESSION ANALYSIS REGULATORY FRAMEWORK RETIREMENT RETURN ON INVESTMENT RURAL RURAL ACTIVITIES RURAL AREAS RURAL BUSINESS RURAL COMMUNITIES RURAL CREDIT RURAL DEVELOPMENT RURAL ECONOMY RURAL EMPLOYMENT RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL FINANCIAL MARKETS RURAL GROWTH RURAL HINTERLAND RURAL HOUSEHOLD RURAL HOUSEHOLD INCOME RURAL HOUSEHOLDS RURAL INCOME RURAL INCOME GENERATION RURAL INCOMES RURAL INVESTMENT RURAL LABOR RURAL LEVEL RURAL LIVELIHOODS RURAL POOR RURAL POPULATION RURAL POVERTY RURAL PUBLIC RURAL SECTOR RURAL STRATEGY RURAL WELFARE SANITATION SAVINGS SELF-EMPLOYMENT SMALL ENTERPRISES START-UP START-UPS STATISTICAL ANALYSIS SUBSIDIARY SUPPLY CHAIN SUPPLY CHAINS TARGETING TAX SYSTEM TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSACTION COSTS TRANSACTIONS COSTS TRANSPARENCY TRANSPORT URBAN AREAS VALUE ADDED WATER SUPPLY |
| spellingShingle |
ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCOUNTING ADB ADMINISTRATIVE BURDENS AGRICULTURAL DEVELOPMENT AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE ANALYSIS OF VARIANCE ANALYTICAL METHODS AUDITING AVAILABILITY OF FINANCE BANKRUPTCY BANKRUPTCY LAWS BARRIERS TO ENTRY BENCHMARK BENCHMARKING BENCHMARKS BRIBES BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT SERVICES BUSINESS ORGANIZATION CAPITAL ASSETS CAPITAL FINANCE CAPITAL STOCK COMMERCIAL AGRICULTURE COMMODITY FUTURES COMMUNITY SURVEYS COMPETITIVENESS CORRUPTION COST-EFFECTIVENESS COUNTRY COMPARISONS CREDIT CONSTRAINTS CREDIT MARKET DEBT DEVELOPMENT BANK DEVELOPMENT POLICIES DEVELOPMENT POLICY DIVERSIFICATION DIVERSIFIED INCOME DONOR AGENCIES EARNINGS ECONOMETRIC ANALYSIS ECONOMETRIC MODELING ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC CHARACTERISTICS ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIES OF SCALE ECONOMIES OF SCOPE EMPLOYEE EMPLOYMENT GROWTH ENDOWMENTS ENTERPRISE DEVELOPMENT ENTREPRENEUR ENTREPRENEURIAL ACTIVITY ENTREPRENEURIAL BEHAVIOR ENTREPRENEURS ENTREPRENEURSHIP EXCHANGE RATE EXPATRIATES EXPENDITURES FAMILIES FAMILY BUSINESSES FARM EMPLOYMENT FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL NEEDS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL STABILITY FOOD POLICY FOOD SAFETY FORMAL CREDIT FORMAL FINANCIAL SERVICES FORMAL LENDING FUTURE RESEARCH FUTURE STUDIES GDP GDP DEFLATOR GDP PER CAPITA GENDER GOVERNMENT INTERVENTIONS GROSS DOMESTIC PRODUCT GROSS SALES GROSS VALUE GROWTH RATE HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD INCOME DIVERSIFICATION HOUSEHOLD INVESTMENT HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLDS HUMAN CAPITAL INCOME GROUPS INCOME SHARES INEQUALITY INFLATION INFORMATION TECHNOLOGY INSURANCE INSURANCE SERVICE INTEREST RATE INTERNATIONAL BANK INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT CLIMATE ISSUES INVESTMENT DECISIONS INVESTMENT NEEDS LABOR FORCE PARTICIPATION LABOR MARKETS LAND OWNERSHIP LAND USE LAWS LIVING STANDARDS MACROECONOMIC STABILITY MARKET CONSTRAINTS MARKET DEVELOPMENT MIGRATION NET VALUE NEW ENTRANTS NONFARM INCOME OPERATING COSTS PER CAPITA INCOME PHYSICAL ASSETS POLICY ENVIRONMENTS POOR HOUSEHOLDS POOR PEOPLE PORTFOLIO POTENTIAL OUTPUT POVERTY LINE POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIVATE ENTERPRISE PRIVATE ENTERPRISES PRIVATE INVESTORS PRIVATIZATION PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC EXPENDITURES PUBLIC SERVICES REGRESSION ANALYSIS REGULATORY FRAMEWORK RETIREMENT RETURN ON INVESTMENT RURAL RURAL ACTIVITIES RURAL AREAS RURAL BUSINESS RURAL COMMUNITIES RURAL CREDIT RURAL DEVELOPMENT RURAL ECONOMY RURAL EMPLOYMENT RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL FINANCIAL MARKETS RURAL GROWTH RURAL HINTERLAND RURAL HOUSEHOLD RURAL HOUSEHOLD INCOME RURAL HOUSEHOLDS RURAL INCOME RURAL INCOME GENERATION RURAL INCOMES RURAL INVESTMENT RURAL LABOR RURAL LEVEL RURAL LIVELIHOODS RURAL POOR RURAL POPULATION RURAL POVERTY RURAL PUBLIC RURAL SECTOR RURAL STRATEGY RURAL WELFARE SANITATION SAVINGS SELF-EMPLOYMENT SMALL ENTERPRISES START-UP START-UPS STATISTICAL ANALYSIS SUBSIDIARY SUPPLY CHAIN SUPPLY CHAINS TARGETING TAX SYSTEM TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSACTION COSTS TRANSACTIONS COSTS TRANSPARENCY TRANSPORT URBAN AREAS VALUE ADDED WATER SUPPLY World Bank The Rural Investment Climate : Analysis and Findings |
| description |
Interest in investment climates has
emerged relatively recently. In the 1960s and 1970s,
governments in many countries believed they should play a
direct role in rural credit, input supply, production,
trade, transport, distribution, and even marketing. However,
in the 1980s and 1990s, government-dominated systems fell
into disgrace because of poor performance. For the rural
sector, the primary focus had traditionally been on
agriculture, particularly commercial agriculture and
agribusiness, which were perceived to be the main drivers of
rural growth. This study's essential findings and
policy implications are organized into the following six
chapters. Annexes provide supporting material. Chapter two
presents an overview of related work and of the literature;
it also describes the subsequent chapters'
methodological framework, including new ways of addressing
questions of endogeneity in these kinds of surveys while
seeking to isolate cause and effect. Chapter three, by
applying econometric analysis, measurably extends the
examination of enterprise performance and investment climate
constraints initiated in RIC1 (first rural investment
climate). A rigorous examination of enterprise dynamics and
entrepreneurial choice is developed in chapter four. Aiming
to highlight the differing effects on Rural Nonfarm
Enterprises (RNFEs), chapter five draws together the main
implications RIC2 findings on the rural investment climate
in the three country pilots. Community-level influences also
matter, and chapter six examines how the local IC and other
community characteristics shape the environment for economic
activity. Conclusions and recommendations appear in chapter
seven, including suggestions for using RIC results for
policy reform and for targeting the rural public
expenditures needed to foster improvements in the rural
investment climate. The annexes describe the databases
employed and the methodologies used in the study, as well
providing detailed regression results. |
| format |
Economic & Sector Work :: Other Rural Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
The Rural Investment Climate : Analysis and Findings |
| title_short |
The Rural Investment Climate : Analysis and Findings |
| title_full |
The Rural Investment Climate : Analysis and Findings |
| title_fullStr |
The Rural Investment Climate : Analysis and Findings |
| title_full_unstemmed |
The Rural Investment Climate : Analysis and Findings |
| title_sort |
rural investment climate : analysis and findings |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2008/01/16569547/rural-investment-climate-analysis-findings http://hdl.handle.net/10986/12612 |
| _version_ |
1764421820200517632 |
| spelling |
okr-10986-126122021-04-23T14:03:05Z The Rural Investment Climate : Analysis and Findings World Bank ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCOUNTING ADB ADMINISTRATIVE BURDENS AGRICULTURAL DEVELOPMENT AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURE ANALYSIS OF VARIANCE ANALYTICAL METHODS AUDITING AVAILABILITY OF FINANCE BANKRUPTCY BANKRUPTCY LAWS BARRIERS TO ENTRY BENCHMARK BENCHMARKING BENCHMARKS BRIBES BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT SERVICES BUSINESS ORGANIZATION CAPITAL ASSETS CAPITAL FINANCE CAPITAL STOCK COMMERCIAL AGRICULTURE COMMODITY FUTURES COMMUNITY SURVEYS COMPETITIVENESS CORRUPTION COST-EFFECTIVENESS COUNTRY COMPARISONS CREDIT CONSTRAINTS CREDIT MARKET DEBT DEVELOPMENT BANK DEVELOPMENT POLICIES DEVELOPMENT POLICY DIVERSIFICATION DIVERSIFIED INCOME DONOR AGENCIES EARNINGS ECONOMETRIC ANALYSIS ECONOMETRIC MODELING ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC CHARACTERISTICS ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIES OF SCALE ECONOMIES OF SCOPE EMPLOYEE EMPLOYMENT GROWTH ENDOWMENTS ENTERPRISE DEVELOPMENT ENTREPRENEUR ENTREPRENEURIAL ACTIVITY ENTREPRENEURIAL BEHAVIOR ENTREPRENEURS ENTREPRENEURSHIP EXCHANGE RATE EXPATRIATES EXPENDITURES FAMILIES FAMILY BUSINESSES FARM EMPLOYMENT FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL NEEDS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL STABILITY FOOD POLICY FOOD SAFETY FORMAL CREDIT FORMAL FINANCIAL SERVICES FORMAL LENDING FUTURE RESEARCH FUTURE STUDIES GDP GDP DEFLATOR GDP PER CAPITA GENDER GOVERNMENT INTERVENTIONS GROSS DOMESTIC PRODUCT GROSS SALES GROSS VALUE GROWTH RATE HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD INCOME DIVERSIFICATION HOUSEHOLD INVESTMENT HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLDS HUMAN CAPITAL INCOME GROUPS INCOME SHARES INEQUALITY INFLATION INFORMATION TECHNOLOGY INSURANCE INSURANCE SERVICE INTEREST RATE INTERNATIONAL BANK INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT CLIMATE ISSUES INVESTMENT DECISIONS INVESTMENT NEEDS LABOR FORCE PARTICIPATION LABOR MARKETS LAND OWNERSHIP LAND USE LAWS LIVING STANDARDS MACROECONOMIC STABILITY MARKET CONSTRAINTS MARKET DEVELOPMENT MIGRATION NET VALUE NEW ENTRANTS NONFARM INCOME OPERATING COSTS PER CAPITA INCOME PHYSICAL ASSETS POLICY ENVIRONMENTS POOR HOUSEHOLDS POOR PEOPLE PORTFOLIO POTENTIAL OUTPUT POVERTY LINE POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIVATE ENTERPRISE PRIVATE ENTERPRISES PRIVATE INVESTORS PRIVATIZATION PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC EXPENDITURES PUBLIC SERVICES REGRESSION ANALYSIS REGULATORY FRAMEWORK RETIREMENT RETURN ON INVESTMENT RURAL RURAL ACTIVITIES RURAL AREAS RURAL BUSINESS RURAL COMMUNITIES RURAL CREDIT RURAL DEVELOPMENT RURAL ECONOMY RURAL EMPLOYMENT RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL FINANCIAL MARKETS RURAL GROWTH RURAL HINTERLAND RURAL HOUSEHOLD RURAL HOUSEHOLD INCOME RURAL HOUSEHOLDS RURAL INCOME RURAL INCOME GENERATION RURAL INCOMES RURAL INVESTMENT RURAL LABOR RURAL LEVEL RURAL LIVELIHOODS RURAL POOR RURAL POPULATION RURAL POVERTY RURAL PUBLIC RURAL SECTOR RURAL STRATEGY RURAL WELFARE SANITATION SAVINGS SELF-EMPLOYMENT SMALL ENTERPRISES START-UP START-UPS STATISTICAL ANALYSIS SUBSIDIARY SUPPLY CHAIN SUPPLY CHAINS TARGETING TAX SYSTEM TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSACTION COSTS TRANSACTIONS COSTS TRANSPARENCY TRANSPORT URBAN AREAS VALUE ADDED WATER SUPPLY Interest in investment climates has emerged relatively recently. In the 1960s and 1970s, governments in many countries believed they should play a direct role in rural credit, input supply, production, trade, transport, distribution, and even marketing. However, in the 1980s and 1990s, government-dominated systems fell into disgrace because of poor performance. For the rural sector, the primary focus had traditionally been on agriculture, particularly commercial agriculture and agribusiness, which were perceived to be the main drivers of rural growth. This study's essential findings and policy implications are organized into the following six chapters. Annexes provide supporting material. Chapter two presents an overview of related work and of the literature; it also describes the subsequent chapters' methodological framework, including new ways of addressing questions of endogeneity in these kinds of surveys while seeking to isolate cause and effect. Chapter three, by applying econometric analysis, measurably extends the examination of enterprise performance and investment climate constraints initiated in RIC1 (first rural investment climate). A rigorous examination of enterprise dynamics and entrepreneurial choice is developed in chapter four. Aiming to highlight the differing effects on Rural Nonfarm Enterprises (RNFEs), chapter five draws together the main implications RIC2 findings on the rural investment climate in the three country pilots. Community-level influences also matter, and chapter six examines how the local IC and other community characteristics shape the environment for economic activity. Conclusions and recommendations appear in chapter seven, including suggestions for using RIC results for policy reform and for targeting the rural public expenditures needed to foster improvements in the rural investment climate. The annexes describe the databases employed and the methodologies used in the study, as well providing detailed regression results. 2013-03-11T13:35:47Z 2013-03-11T13:35:47Z 2008 http://documents.worldbank.org/curated/en/2008/01/16569547/rural-investment-climate-analysis-findings http://hdl.handle.net/10986/12612 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Rural Study Economic & Sector Work |