Sierra Leone : Investment Climate Policy Note

This Investment Climate Policy Note (ICPN) for Sierra Leone evaluates the country's business environment by: (i) analyzing barriers to private sector investment and growth and how they vary among different types of firms; (ii) benchmarking Sie...

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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2014
Subjects:
CPI
ICT
LLC
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2009/06/16283977/sierra-leone-investment-climate-policy-note
http://hdl.handle.net/10986/18888
id okr-10986-18888
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 ACCEPTABLE COLLATERAL
ACCESS TO CAPITAL
ACCESS TO CREDIT
ACCESS TO EDUCATION
ACCESS TO FINANCE
ACCOUNTING
ADMINISTRATIVE BARRIERS
ADVISORY SERVICES
APPLICATION PROCEDURES
BANK CREDIT
BANK DEPOSITS
BANKING SECTOR
BANKS
BRIBE
BRIBES
BRIBING
BUSINESS ASSOCIATION
BUSINESS ENTRY
BUSINESS ENVIRONMENT
BUSINESS ESTABLISHMENTS
BUSINESS OPERATIONS
BUSINESS PEOPLE
BUSINESS REGISTRATION
CAPITAL FINANCE
CAPITAL FORMATION
CAPITAL STOCK
COLLATERAL
COLLATERAL REQUIREMENTS
COMMODITY
COMMODITY PRICES
COMPETITIVE MARKET
COMPETITIVENESS
COMPETITORS
COMPLIANCE COSTS
CORPORATION
CORRUPTION
CPI
CREDIT GUARANTEE
CREDIT INFORMATION
CREDITOR
CREDITOR RIGHTS
CREDITWORTHINESS
CURRENCY
CUSTOMS
DEVELOPING COUNTRIES
DISTRIBUTION NETWORK
DIVERSIFICATION
E-MAIL
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIES OF SCALE
EDUCATION LEVEL
EDUCATION LEVELS
ELECTRICITY
ELECTRICITY GENERATION
EMPLOYMENT
EMPLOYMENT GROWTH
ENFORCEMENT OF CONTRACTS
ENTERPRISE SURVEY
ENTERPRISE SURVEYS
ENTREPRENEURSHIP
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXPANSION
EXPLOITATION
EXPORT GROWTH
EXPORTER
EXPORTERS
FINANCIAL INFORMATION
FINANCIAL SERVICE
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FIRM PERFORMANCE
FIRM SIZE
FIRM SIZES
FIRMS
FISCAL POLICY
FISHERIES
FISHING
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN FIRMS
FOREIGN INVESTMENT
FORMAL ECONOMY
GENERAL POPULATION
GOVERNMENT CONTRACT
GOVERNMENT CONTRACTS
GOVERNMENT POLICIES
GROSS DOMESTIC PRODUCT
GUARANTEE SCHEME
HIGH INTEREST RATES
HUMAN DEVELOPMENT
ICT
IMPACT ASSESSMENTS
INCOME TAX
INFLATION
INFLATION RATES
INFLATIONARY PRESSURES
INFORMAL ECONOMIC ACTIVITY
INFORMATION ASYMMETRIES
INFORMATION INFRASTRUCTURE
INNOVATION
INTEREST RATES
INTERMEDIATE INPUTS
INTERNAL FUNDS
INTERNATIONAL COMPARISON
INTERNATIONAL COMPARISONS
INTERNATIONAL DEVELOPMENT
INTERNATIONAL STANDARDS
INTERNATIONALIZATION
INVESTING
INVESTMENT CLIMATE
JOB CREATION
JUDICIAL SYSTEM
LABOR COSTS
LABOR FORCE
LABOR MARKET
LABOR MARKETS
LABOR PRODUCTIVITY
LACK OF COMPETITION
LACK OF INFORMATION
LAND MARKETS
LAND REFORMS
LEASING
LICENSE
LICENSES
LICENSING
LIMITED LIABILITY
LIMITED LIABILITY CORPORATION
LINE OF CREDIT
LINES OF CREDIT
LLC
LOAN
LOAN APPLICATION
LOAN APPLICATIONS
LOCAL CURRENCY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MANUFACTURER
MANUFACTURERS
MANUFACTURING
MANUFACTURING ENTERPRISES
MARGINAL TAX RATES
MEDIUM ENTERPRISES
MINES
MOVABLE PROPERTY
NATURAL RESOURCE
NATURAL RESOURCES
NEW BUSINESS
OIL
OIL PRICES
OUTREACH
OVERDRAFT
OVERDRAFT FACILITIES
PARTIAL CREDIT
PERFORMANCE INDICATORS
POLITICAL ECONOMY
POLITICAL STABILITY
PRIVATE INVESTMENT
PRIVATE PARTNERSHIPS
PRIVATE SECTOR
PRIVATE SECTOR CREDIT
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR INVESTMENT
PRODUCERS
PROPERTY AS COLLATERAL
PROPRIETORSHIPS
PUBLIC FINANCES
PURCHASING POWER
PURCHASING POWER PARITY
REAL EXCHANGE RATE
RECEIPTS
RECESSION
RELIABILITY
RESULT
RESULTS
RETAINED EARNINGS
RETURN
RULE OF LAW
SALE OF GOODS
SALES GROWTH
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCALE ENTERPRISES
SIZE OF FIRMS
SMALL BUSINESSES
SMALL FIRM
SMALL FIRMS
SOURCES OF FINANCE
STANDARD FORMAT
STORAGE FACILITIES
SUPPLIER
TAX
TAX BURDEN
TAX COLLECTION
TAX EXEMPTIONS
TAX LEGISLATION
TAX POLICIES
TAX POLICY
TAX RATE
TAX RATES
TAX REGIME
TAX SYSTEM
TAXATION
TELEPHONE
TELEPHONE CONNECTION
TELEPHONE CONNECTIONS
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSACTIONS COSTS
TRANSMISSION
TRANSPARENCY
UNION
URBAN AREAS
USERS
USES
VALUE CHAIN
VALUE OF COLLATERAL
WAGES
WORKING CAPITAL
spellingShingle ACCEPTABLE COLLATERAL
ACCESS TO CAPITAL
ACCESS TO CREDIT
ACCESS TO EDUCATION
ACCESS TO FINANCE
ACCOUNTING
ADMINISTRATIVE BARRIERS
ADVISORY SERVICES
APPLICATION PROCEDURES
BANK CREDIT
BANK DEPOSITS
BANKING SECTOR
BANKS
BRIBE
BRIBES
BRIBING
BUSINESS ASSOCIATION
BUSINESS ENTRY
BUSINESS ENVIRONMENT
BUSINESS ESTABLISHMENTS
BUSINESS OPERATIONS
BUSINESS PEOPLE
BUSINESS REGISTRATION
CAPITAL FINANCE
CAPITAL FORMATION
CAPITAL STOCK
COLLATERAL
COLLATERAL REQUIREMENTS
COMMODITY
COMMODITY PRICES
COMPETITIVE MARKET
COMPETITIVENESS
COMPETITORS
COMPLIANCE COSTS
CORPORATION
CORRUPTION
CPI
CREDIT GUARANTEE
CREDIT INFORMATION
CREDITOR
CREDITOR RIGHTS
CREDITWORTHINESS
CURRENCY
CUSTOMS
DEVELOPING COUNTRIES
DISTRIBUTION NETWORK
DIVERSIFICATION
E-MAIL
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIES OF SCALE
EDUCATION LEVEL
EDUCATION LEVELS
ELECTRICITY
ELECTRICITY GENERATION
EMPLOYMENT
EMPLOYMENT GROWTH
ENFORCEMENT OF CONTRACTS
ENTERPRISE SURVEY
ENTERPRISE SURVEYS
ENTREPRENEURSHIP
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXPANSION
EXPLOITATION
EXPORT GROWTH
EXPORTER
EXPORTERS
FINANCIAL INFORMATION
FINANCIAL SERVICE
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FIRM PERFORMANCE
FIRM SIZE
FIRM SIZES
FIRMS
FISCAL POLICY
FISHERIES
FISHING
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN FIRMS
FOREIGN INVESTMENT
FORMAL ECONOMY
GENERAL POPULATION
GOVERNMENT CONTRACT
GOVERNMENT CONTRACTS
GOVERNMENT POLICIES
GROSS DOMESTIC PRODUCT
GUARANTEE SCHEME
HIGH INTEREST RATES
HUMAN DEVELOPMENT
ICT
IMPACT ASSESSMENTS
INCOME TAX
INFLATION
INFLATION RATES
INFLATIONARY PRESSURES
INFORMAL ECONOMIC ACTIVITY
INFORMATION ASYMMETRIES
INFORMATION INFRASTRUCTURE
INNOVATION
INTEREST RATES
INTERMEDIATE INPUTS
INTERNAL FUNDS
INTERNATIONAL COMPARISON
INTERNATIONAL COMPARISONS
INTERNATIONAL DEVELOPMENT
INTERNATIONAL STANDARDS
INTERNATIONALIZATION
INVESTING
INVESTMENT CLIMATE
JOB CREATION
JUDICIAL SYSTEM
LABOR COSTS
LABOR FORCE
LABOR MARKET
LABOR MARKETS
LABOR PRODUCTIVITY
LACK OF COMPETITION
LACK OF INFORMATION
LAND MARKETS
LAND REFORMS
LEASING
LICENSE
LICENSES
LICENSING
LIMITED LIABILITY
LIMITED LIABILITY CORPORATION
LINE OF CREDIT
LINES OF CREDIT
LLC
LOAN
LOAN APPLICATION
LOAN APPLICATIONS
LOCAL CURRENCY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MANUFACTURER
MANUFACTURERS
MANUFACTURING
MANUFACTURING ENTERPRISES
MARGINAL TAX RATES
MEDIUM ENTERPRISES
MINES
MOVABLE PROPERTY
NATURAL RESOURCE
NATURAL RESOURCES
NEW BUSINESS
OIL
OIL PRICES
OUTREACH
OVERDRAFT
OVERDRAFT FACILITIES
PARTIAL CREDIT
PERFORMANCE INDICATORS
POLITICAL ECONOMY
POLITICAL STABILITY
PRIVATE INVESTMENT
PRIVATE PARTNERSHIPS
PRIVATE SECTOR
PRIVATE SECTOR CREDIT
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR INVESTMENT
PRODUCERS
PROPERTY AS COLLATERAL
PROPRIETORSHIPS
PUBLIC FINANCES
PURCHASING POWER
PURCHASING POWER PARITY
REAL EXCHANGE RATE
RECEIPTS
RECESSION
RELIABILITY
RESULT
RESULTS
RETAINED EARNINGS
RETURN
RULE OF LAW
SALE OF GOODS
SALES GROWTH
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCALE ENTERPRISES
SIZE OF FIRMS
SMALL BUSINESSES
SMALL FIRM
SMALL FIRMS
SOURCES OF FINANCE
STANDARD FORMAT
STORAGE FACILITIES
SUPPLIER
TAX
TAX BURDEN
TAX COLLECTION
TAX EXEMPTIONS
TAX LEGISLATION
TAX POLICIES
TAX POLICY
TAX RATE
TAX RATES
TAX REGIME
TAX SYSTEM
TAXATION
TELEPHONE
TELEPHONE CONNECTION
TELEPHONE CONNECTIONS
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSACTIONS COSTS
TRANSMISSION
TRANSPARENCY
UNION
URBAN AREAS
USERS
USES
VALUE CHAIN
VALUE OF COLLATERAL
WAGES
WORKING CAPITAL
World Bank
Sierra Leone : Investment Climate Policy Note
geographic_facet Africa
Sierra Leone
description This Investment Climate Policy Note (ICPN) for Sierra Leone evaluates the country's business environment by: (i) analyzing barriers to private sector investment and growth and how they vary among different types of firms; (ii) benchmarking Sierra Leone's investment climate and firm performance to that of other countries; and (iii) providing recommendations to promote and strengthen the private sector. The ICPN is supported by the statistical analysis of a 2009 enterprise survey of 150 formal, manufacturing and service firms with five or more employees based in Western Area/Freetown and Kenema, two of Sierra Leone's major urban centers. The ICPN is organized as follows. Chapter one provides context for Sierra Leone's business environment. Chapter two discusses the performance of Sierra Leone firms, with a focus on labor productivity. Chapter three examines how investment climate constraints cost businesses money and time, discusses main bottlenecks to conducting business as identified by managers of Sierra Leone firms, and reviews obstacles related to electricity supply, tax rates, informality, corruption and access to land. Chapter four analyzes data on how firms access and use finance, and chapter five discusses exports and internationalization in Sierra Leone. Chapter six concludes and provides policy options to improve the investment climate.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Sierra Leone : Investment Climate Policy Note
title_short Sierra Leone : Investment Climate Policy Note
title_full Sierra Leone : Investment Climate Policy Note
title_fullStr Sierra Leone : Investment Climate Policy Note
title_full_unstemmed Sierra Leone : Investment Climate Policy Note
title_sort sierra leone : investment climate policy note
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2009/06/16283977/sierra-leone-investment-climate-policy-note
http://hdl.handle.net/10986/18888
_version_ 1764440973119586304
spelling okr-10986-188882021-04-23T14:03:45Z Sierra Leone : Investment Climate Policy Note World Bank ACCEPTABLE COLLATERAL ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO EDUCATION ACCESS TO FINANCE ACCOUNTING ADMINISTRATIVE BARRIERS ADVISORY SERVICES APPLICATION PROCEDURES BANK CREDIT BANK DEPOSITS BANKING SECTOR BANKS BRIBE BRIBES BRIBING BUSINESS ASSOCIATION BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ESTABLISHMENTS BUSINESS OPERATIONS BUSINESS PEOPLE BUSINESS REGISTRATION CAPITAL FINANCE CAPITAL FORMATION CAPITAL STOCK COLLATERAL COLLATERAL REQUIREMENTS COMMODITY COMMODITY PRICES COMPETITIVE MARKET COMPETITIVENESS COMPETITORS COMPLIANCE COSTS CORPORATION CORRUPTION CPI CREDIT GUARANTEE CREDIT INFORMATION CREDITOR CREDITOR RIGHTS CREDITWORTHINESS CURRENCY CUSTOMS DEVELOPING COUNTRIES DISTRIBUTION NETWORK DIVERSIFICATION E-MAIL ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EDUCATION LEVEL EDUCATION LEVELS ELECTRICITY ELECTRICITY GENERATION EMPLOYMENT EMPLOYMENT GROWTH ENFORCEMENT OF CONTRACTS ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURSHIP EQUIPMENT EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXPANSION EXPLOITATION EXPORT GROWTH EXPORTER EXPORTERS FINANCIAL INFORMATION FINANCIAL SERVICE FINANCIAL SERVICES FINANCIAL STATEMENTS FIRM PERFORMANCE FIRM SIZE FIRM SIZES FIRMS FISCAL POLICY FISHERIES FISHING FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRMS FOREIGN INVESTMENT FORMAL ECONOMY GENERAL POPULATION GOVERNMENT CONTRACT GOVERNMENT CONTRACTS GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT GUARANTEE SCHEME HIGH INTEREST RATES HUMAN DEVELOPMENT ICT IMPACT ASSESSMENTS INCOME TAX INFLATION INFLATION RATES INFLATIONARY PRESSURES INFORMAL ECONOMIC ACTIVITY INFORMATION ASYMMETRIES INFORMATION INFRASTRUCTURE INNOVATION INTEREST RATES INTERMEDIATE INPUTS INTERNAL FUNDS INTERNATIONAL COMPARISON INTERNATIONAL COMPARISONS INTERNATIONAL DEVELOPMENT INTERNATIONAL STANDARDS INTERNATIONALIZATION INVESTING INVESTMENT CLIMATE JOB CREATION JUDICIAL SYSTEM LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LACK OF COMPETITION LACK OF INFORMATION LAND MARKETS LAND REFORMS LEASING LICENSE LICENSES LICENSING LIMITED LIABILITY LIMITED LIABILITY CORPORATION LINE OF CREDIT LINES OF CREDIT LLC LOAN LOAN APPLICATION LOAN APPLICATIONS LOCAL CURRENCY MACROECONOMIC ENVIRONMENT MACROECONOMIC INSTABILITY MACROECONOMIC POLICIES MACROECONOMIC STABILITY MANUFACTURER MANUFACTURERS MANUFACTURING MANUFACTURING ENTERPRISES MARGINAL TAX RATES MEDIUM ENTERPRISES MINES MOVABLE PROPERTY NATURAL RESOURCE NATURAL RESOURCES NEW BUSINESS OIL OIL PRICES OUTREACH OVERDRAFT OVERDRAFT FACILITIES PARTIAL CREDIT PERFORMANCE INDICATORS POLITICAL ECONOMY POLITICAL STABILITY PRIVATE INVESTMENT PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR CREDIT PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRODUCERS PROPERTY AS COLLATERAL PROPRIETORSHIPS PUBLIC FINANCES PURCHASING POWER PURCHASING POWER PARITY REAL EXCHANGE RATE RECEIPTS RECESSION RELIABILITY RESULT RESULTS RETAINED EARNINGS RETURN RULE OF LAW SALE OF GOODS SALES GROWTH SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SCALE ENTERPRISES SIZE OF FIRMS SMALL BUSINESSES SMALL FIRM SMALL FIRMS SOURCES OF FINANCE STANDARD FORMAT STORAGE FACILITIES SUPPLIER TAX TAX BURDEN TAX COLLECTION TAX EXEMPTIONS TAX LEGISLATION TAX POLICIES TAX POLICY TAX RATE TAX RATES TAX REGIME TAX SYSTEM TAXATION TELEPHONE TELEPHONE CONNECTION TELEPHONE CONNECTIONS TRADING TRANSACTION TRANSACTION COSTS TRANSACTIONS COSTS TRANSMISSION TRANSPARENCY UNION URBAN AREAS USERS USES VALUE CHAIN VALUE OF COLLATERAL WAGES WORKING CAPITAL This Investment Climate Policy Note (ICPN) for Sierra Leone evaluates the country's business environment by: (i) analyzing barriers to private sector investment and growth and how they vary among different types of firms; (ii) benchmarking Sierra Leone's investment climate and firm performance to that of other countries; and (iii) providing recommendations to promote and strengthen the private sector. The ICPN is supported by the statistical analysis of a 2009 enterprise survey of 150 formal, manufacturing and service firms with five or more employees based in Western Area/Freetown and Kenema, two of Sierra Leone's major urban centers. The ICPN is organized as follows. Chapter one provides context for Sierra Leone's business environment. Chapter two discusses the performance of Sierra Leone firms, with a focus on labor productivity. Chapter three examines how investment climate constraints cost businesses money and time, discusses main bottlenecks to conducting business as identified by managers of Sierra Leone firms, and reviews obstacles related to electricity supply, tax rates, informality, corruption and access to land. Chapter four analyzes data on how firms access and use finance, and chapter five discusses exports and internationalization in Sierra Leone. Chapter six concludes and provides policy options to improve the investment climate. 2014-07-17T21:43:17Z 2014-07-17T21:43:17Z 2009-06 http://documents.worldbank.org/curated/en/2009/06/16283977/sierra-leone-investment-climate-policy-note http://hdl.handle.net/10986/18888 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Sierra Leone