Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region

The drop in foreign direct investment (FDI) flows to the Middle East and North Africa (MENA) region over the past three to four years stems in part from the aftermath of the recent global economic crisis, and in part from the uncertainties created...

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Main Authors: International Finance Corporation, World Bank, Multilateral Investment Guarantee Agency
Format: Working Paper
Language:English
en_US
Published: World Bank Group, Washington, DC 2014
Subjects:
ICT
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WEB
Online Access:http://documents.worldbank.org/curated/en/2013/02/17647714/global-investment-promotion-best-practices-2012-seizing-potential-better-investment-facilitation-mena-region
http://hdl.handle.net/10986/16611
id okr-10986-16611
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 ACCOUNTING
ACRONYMS
ADMINISTRATIVE AUTONOMY
ADVERTISING
ARTICLE
BEST PRACTICE
BEST PRACTICES
BUSINESS ASSOCIATIONS
BUSINESS CLIMATE
BUSINESS ENVIRONMENTS
BUSINESS INFORMATION
BUSINESS MODEL
BUSINESS OPPORTUNITIES
BUSINESS REGULATION
CADRE SYSTEM
CHAMBERS OF COMMERCE
CLASSIFICATION
CLASSIFICATIONS
COMPETITIVE ADVANTAGE
COMPETITIVE ADVANTAGES
COMPETITIVE MARKETS
COMPETITIVENESS
CONTENTS
COPYRIGHT
CORPORATE INVESTORS
COUNTRY RISK
COUNTRY RISKS
CREDIBILITY
CRITICAL TRANSITION
CUSTOMER SERVICE
DEMOCRACY
DEMOGRAPHIC
DESCRIPTION
DEVELOPING COUNTRIES
DIVIDENDS
DOCUMENTS
E-MAIL
E-MAIL ADDRESSES
E-MAILS
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
EMERGING ECONOMIES
EXPENDITURE
EXPORTERS
FINANCE CORPORATION
FINANCES
FINANCIAL CRISIS
FOCUS GROUP
FOREIGN CAPITAL
FOREIGN COMPANIES
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FOREIGN INVESTOR
FOREIGN INVESTORS
GEOGRAPHIC REGION
GLOBAL ECONOMIC PROSPECTS
GLOBAL INVESTMENT
GRAPHICS
GROSS DOMESTIC PRODUCT
GROWTH STRATEGY
HEADING
HUMAN RESOURCE
HUMAN RESOURCE POLICY
HUMAN RESOURCES
HUMAN RESOURCES MANAGEMENT
ICT
IMAGE
IMAGES
INCOME
INCOME GROUP
INFLATION
INFORMATION ARCHITECTURE
INFORMATION GAP
INFORMATION GAPS
INFORMATION NEEDS
INFORMATION PROVISION
INNOVATIONS
INSTITUTION
INSTRUMENT
INTERNAL SYSTEMS
INTERNATIONAL FINANCE
INVENTORY
INVESTING
INVESTMENT ACTIVITY
INVESTMENT CLIMATE
INVESTMENT CLIMATE REFORM
INVESTMENT DECISIONS
INVESTMENT ENVIRONMENT
INVESTMENT INCENTIVES
INVESTMENT LOCATION DECISIONS
INVESTMENT OPPORTUNITIES
INVESTMENT PLANS
INVESTMENT POLICIES
INVESTMENT PROJECTS
INVESTMENT PROMOTION
INVESTMENT SERVICES
INVESTMENT STRATEGY
INVESTOR CONFIDENCE
INVESTOR COUNTRIES
INVESTOR INFORMATION
INVESTOR INTEREST
INVESTOR PERCEPTIONS
JOB CREATION
JOINT VENTURE
LEVEL PLAYING FIELD
LICENSES
MANAGEMENT SYSTEM
MANUFACTURING
MARGINAL COSTS
MARKET RESEARCH
MARKET TRENDS
MARKETING
MARKETS DATABASE
MATERIAL
MENU
MULTILATERAL INVESTMENT GUARANTEE AGENCY
NATIONAL DEVELOPMENT
NATIONAL INFRASTRUCTURE
NATIONAL INVESTMENT
NATURAL RESOURCE
NATURAL RESOURCES
NAVIGATION
NEWSLETTERS
ONE-STOP SHOP
ONLINE COMMUNICATION
ONLINE DATABASE
OPERATING ENVIRONMENT
PDF
POLITICAL RISK
POLITICAL STABILITY
POTENTIAL INVESTMENT
POTENTIAL INVESTMENTS
POTENTIAL INVESTOR
POTENTIAL INVESTORS
PRIVATE EQUITY
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR INVESTMENT
PRIVATIZATION
PUBLIC FUNDS
PUBLIC RELATIONS
QUERIES
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REPUTATION
RESULT
RESULTS
RETURN
RETURNS
SEARCH
SITE CONTENT
SITE VISITORS
SOFTWARE DEVELOPMENT
STANDARDIZATION
SUPPLY CHAIN
TECHNICAL ASSISTANCE
TECHNICAL STANDARDS
TELEPHONE
TRACK RECORD
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
USER
USER EXPERIENCE
VIDEOS
WEB
WEB SITE
WEB SITE DESIGN
WEB SITES
WEBMASTER
WORLD INVESTMENT REPORT
spellingShingle ACCOUNTING
ACRONYMS
ADMINISTRATIVE AUTONOMY
ADVERTISING
ARTICLE
BEST PRACTICE
BEST PRACTICES
BUSINESS ASSOCIATIONS
BUSINESS CLIMATE
BUSINESS ENVIRONMENTS
BUSINESS INFORMATION
BUSINESS MODEL
BUSINESS OPPORTUNITIES
BUSINESS REGULATION
CADRE SYSTEM
CHAMBERS OF COMMERCE
CLASSIFICATION
CLASSIFICATIONS
COMPETITIVE ADVANTAGE
COMPETITIVE ADVANTAGES
COMPETITIVE MARKETS
COMPETITIVENESS
CONTENTS
COPYRIGHT
CORPORATE INVESTORS
COUNTRY RISK
COUNTRY RISKS
CREDIBILITY
CRITICAL TRANSITION
CUSTOMER SERVICE
DEMOCRACY
DEMOGRAPHIC
DESCRIPTION
DEVELOPING COUNTRIES
DIVIDENDS
DOCUMENTS
E-MAIL
E-MAIL ADDRESSES
E-MAILS
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
EMERGING ECONOMIES
EXPENDITURE
EXPORTERS
FINANCE CORPORATION
FINANCES
FINANCIAL CRISIS
FOCUS GROUP
FOREIGN CAPITAL
FOREIGN COMPANIES
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FOREIGN INVESTOR
FOREIGN INVESTORS
GEOGRAPHIC REGION
GLOBAL ECONOMIC PROSPECTS
GLOBAL INVESTMENT
GRAPHICS
GROSS DOMESTIC PRODUCT
GROWTH STRATEGY
HEADING
HUMAN RESOURCE
HUMAN RESOURCE POLICY
HUMAN RESOURCES
HUMAN RESOURCES MANAGEMENT
ICT
IMAGE
IMAGES
INCOME
INCOME GROUP
INFLATION
INFORMATION ARCHITECTURE
INFORMATION GAP
INFORMATION GAPS
INFORMATION NEEDS
INFORMATION PROVISION
INNOVATIONS
INSTITUTION
INSTRUMENT
INTERNAL SYSTEMS
INTERNATIONAL FINANCE
INVENTORY
INVESTING
INVESTMENT ACTIVITY
INVESTMENT CLIMATE
INVESTMENT CLIMATE REFORM
INVESTMENT DECISIONS
INVESTMENT ENVIRONMENT
INVESTMENT INCENTIVES
INVESTMENT LOCATION DECISIONS
INVESTMENT OPPORTUNITIES
INVESTMENT PLANS
INVESTMENT POLICIES
INVESTMENT PROJECTS
INVESTMENT PROMOTION
INVESTMENT SERVICES
INVESTMENT STRATEGY
INVESTOR CONFIDENCE
INVESTOR COUNTRIES
INVESTOR INFORMATION
INVESTOR INTEREST
INVESTOR PERCEPTIONS
JOB CREATION
JOINT VENTURE
LEVEL PLAYING FIELD
LICENSES
MANAGEMENT SYSTEM
MANUFACTURING
MARGINAL COSTS
MARKET RESEARCH
MARKET TRENDS
MARKETING
MARKETS DATABASE
MATERIAL
MENU
MULTILATERAL INVESTMENT GUARANTEE AGENCY
NATIONAL DEVELOPMENT
NATIONAL INFRASTRUCTURE
NATIONAL INVESTMENT
NATURAL RESOURCE
NATURAL RESOURCES
NAVIGATION
NEWSLETTERS
ONE-STOP SHOP
ONLINE COMMUNICATION
ONLINE DATABASE
OPERATING ENVIRONMENT
PDF
POLITICAL RISK
POLITICAL STABILITY
POTENTIAL INVESTMENT
POTENTIAL INVESTMENTS
POTENTIAL INVESTOR
POTENTIAL INVESTORS
PRIVATE EQUITY
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR INVESTMENT
PRIVATIZATION
PUBLIC FUNDS
PUBLIC RELATIONS
QUERIES
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REPUTATION
RESULT
RESULTS
RETURN
RETURNS
SEARCH
SITE CONTENT
SITE VISITORS
SOFTWARE DEVELOPMENT
STANDARDIZATION
SUPPLY CHAIN
TECHNICAL ASSISTANCE
TECHNICAL STANDARDS
TELEPHONE
TRACK RECORD
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
USER
USER EXPERIENCE
VIDEOS
WEB
WEB SITE
WEB SITE DESIGN
WEB SITES
WEBMASTER
WORLD INVESTMENT REPORT
International Finance Corporation
World Bank
Multilateral Investment Guarantee Agency
Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region
relation Investment climate;
description The drop in foreign direct investment (FDI) flows to the Middle East and North Africa (MENA) region over the past three to four years stems in part from the aftermath of the recent global economic crisis, and in part from the uncertainties created by the political and social changes in the region that have characterized the so-called Arab Spring. However, the medium-term outlook may be more positive as greater governmental transparency and less cumbersome business environments are expected to foster FDI, stimulate entrepreneurship, and create jobs. The Global Investment Promotion Best Practices (GIPB) 2012 report presents well-timed and useful insights into the capacities of IPIs to perform their investment facilitation function. Thus a careful analysis of GIPB findings can be important in helping MENA Investment Promotion Intermediary's (IPIs) introduce targeted improvements that will enable them to increase FDI flows into the region. The GIPB 2012 assessment also detected a number of procedural hitches, such as difficulty in contacting an IPI or a relevant project manager in spite of repeated attempts, failure to provide acknowledgment of inquiry receipt, and problems locating investor e-mails. Following the recent upheavals experienced in the region, MENA IPIs should take full advantage of the outstanding opportunities offered by online and offline communication tools to mitigate investors' risk perceptions and influence their decisions through the provision of accurate and up-to-date information on the investment location. For the purpose of this report, the analysis of GIPB data has been complemented with qualitative and quantitative information collected through a survey of MENA IPI institutional and operational characteristics, including a number of in-depth telephone interviews with selected IPIs across the region.
format Publications & Research :: Working Paper
author International Finance Corporation
World Bank
Multilateral Investment Guarantee Agency
author_facet International Finance Corporation
World Bank
Multilateral Investment Guarantee Agency
author_sort International Finance Corporation
title Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region
title_short Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region
title_full Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region
title_fullStr Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region
title_full_unstemmed Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region
title_sort global investment promotion best practices 2012 : seizing the potential for better investment facilitation in the mena region
publisher World Bank Group, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/02/17647714/global-investment-promotion-best-practices-2012-seizing-potential-better-investment-facilitation-mena-region
http://hdl.handle.net/10986/16611
_version_ 1764433807996354560
spelling okr-10986-166112021-04-23T14:03:30Z Global Investment Promotion Best Practices 2012 : Seizing the Potential for Better Investment Facilitation in the MENA Region International Finance Corporation World Bank Multilateral Investment Guarantee Agency ACCOUNTING ACRONYMS ADMINISTRATIVE AUTONOMY ADVERTISING ARTICLE BEST PRACTICE BEST PRACTICES BUSINESS ASSOCIATIONS BUSINESS CLIMATE BUSINESS ENVIRONMENTS BUSINESS INFORMATION BUSINESS MODEL BUSINESS OPPORTUNITIES BUSINESS REGULATION CADRE SYSTEM CHAMBERS OF COMMERCE CLASSIFICATION CLASSIFICATIONS COMPETITIVE ADVANTAGE COMPETITIVE ADVANTAGES COMPETITIVE MARKETS COMPETITIVENESS CONTENTS COPYRIGHT CORPORATE INVESTORS COUNTRY RISK COUNTRY RISKS CREDIBILITY CRITICAL TRANSITION CUSTOMER SERVICE DEMOCRACY DEMOGRAPHIC DESCRIPTION DEVELOPING COUNTRIES DIVIDENDS DOCUMENTS E-MAIL E-MAIL ADDRESSES E-MAILS ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS EMERGING ECONOMIES EXPENDITURE EXPORTERS FINANCE CORPORATION FINANCES FINANCIAL CRISIS FOCUS GROUP FOREIGN CAPITAL FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTOR FOREIGN INVESTORS GEOGRAPHIC REGION GLOBAL ECONOMIC PROSPECTS GLOBAL INVESTMENT GRAPHICS GROSS DOMESTIC PRODUCT GROWTH STRATEGY HEADING HUMAN RESOURCE HUMAN RESOURCE POLICY HUMAN RESOURCES HUMAN RESOURCES MANAGEMENT ICT IMAGE IMAGES INCOME INCOME GROUP INFLATION INFORMATION ARCHITECTURE INFORMATION GAP INFORMATION GAPS INFORMATION NEEDS INFORMATION PROVISION INNOVATIONS INSTITUTION INSTRUMENT INTERNAL SYSTEMS INTERNATIONAL FINANCE INVENTORY INVESTING INVESTMENT ACTIVITY INVESTMENT CLIMATE INVESTMENT CLIMATE REFORM INVESTMENT DECISIONS INVESTMENT ENVIRONMENT INVESTMENT INCENTIVES INVESTMENT LOCATION DECISIONS INVESTMENT OPPORTUNITIES INVESTMENT PLANS INVESTMENT POLICIES INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT SERVICES INVESTMENT STRATEGY INVESTOR CONFIDENCE INVESTOR COUNTRIES INVESTOR INFORMATION INVESTOR INTEREST INVESTOR PERCEPTIONS JOB CREATION JOINT VENTURE LEVEL PLAYING FIELD LICENSES MANAGEMENT SYSTEM MANUFACTURING MARGINAL COSTS MARKET RESEARCH MARKET TRENDS MARKETING MARKETS DATABASE MATERIAL MENU MULTILATERAL INVESTMENT GUARANTEE AGENCY NATIONAL DEVELOPMENT NATIONAL INFRASTRUCTURE NATIONAL INVESTMENT NATURAL RESOURCE NATURAL RESOURCES NAVIGATION NEWSLETTERS ONE-STOP SHOP ONLINE COMMUNICATION ONLINE DATABASE OPERATING ENVIRONMENT PDF POLITICAL RISK POLITICAL STABILITY POTENTIAL INVESTMENT POTENTIAL INVESTMENTS POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE EQUITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRIVATIZATION PUBLIC FUNDS PUBLIC RELATIONS QUERIES REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REPUTATION RESULT RESULTS RETURN RETURNS SEARCH SITE CONTENT SITE VISITORS SOFTWARE DEVELOPMENT STANDARDIZATION SUPPLY CHAIN TECHNICAL ASSISTANCE TECHNICAL STANDARDS TELEPHONE TRACK RECORD TRANSACTION TRANSACTION COSTS TRANSPARENCY USER USER EXPERIENCE VIDEOS WEB WEB SITE WEB SITE DESIGN WEB SITES WEBMASTER WORLD INVESTMENT REPORT The drop in foreign direct investment (FDI) flows to the Middle East and North Africa (MENA) region over the past three to four years stems in part from the aftermath of the recent global economic crisis, and in part from the uncertainties created by the political and social changes in the region that have characterized the so-called Arab Spring. However, the medium-term outlook may be more positive as greater governmental transparency and less cumbersome business environments are expected to foster FDI, stimulate entrepreneurship, and create jobs. The Global Investment Promotion Best Practices (GIPB) 2012 report presents well-timed and useful insights into the capacities of IPIs to perform their investment facilitation function. Thus a careful analysis of GIPB findings can be important in helping MENA Investment Promotion Intermediary's (IPIs) introduce targeted improvements that will enable them to increase FDI flows into the region. The GIPB 2012 assessment also detected a number of procedural hitches, such as difficulty in contacting an IPI or a relevant project manager in spite of repeated attempts, failure to provide acknowledgment of inquiry receipt, and problems locating investor e-mails. Following the recent upheavals experienced in the region, MENA IPIs should take full advantage of the outstanding opportunities offered by online and offline communication tools to mitigate investors' risk perceptions and influence their decisions through the provision of accurate and up-to-date information on the investment location. For the purpose of this report, the analysis of GIPB data has been complemented with qualitative and quantitative information collected through a survey of MENA IPI institutional and operational characteristics, including a number of in-depth telephone interviews with selected IPIs across the region. 2014-01-27T18:27:32Z 2014-01-27T18:27:32Z 2013-02 http://documents.worldbank.org/curated/en/2013/02/17647714/global-investment-promotion-best-practices-2012-seizing-potential-better-investment-facilitation-mena-region http://hdl.handle.net/10986/16611 English en_US Investment climate; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Group, Washington, DC Publications & Research :: Working Paper Publications & Research