Global Investment Promotion Best Practices 2012
Global flows of foreign direct investment (FDI) declined severely during the recent economic and financial crisis. As the crisis eased, recovery in world economies spurred a resurgence of FDI, and that in turn reignited competition for investments...
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| Format: | Working Paper |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2012/04/20217969/global-investment-promotion-best-practices-2012-vol-2-2-investment-climate http://hdl.handle.net/10986/20423 |
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okr-10986-20423 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACRONYMS BENCHMARK BEST PRACTICE BEST PRACTICES BEST-PRACTICE BUSINESS CASE BUSINESS CASES BUSINESS CLIMATE BUSINESS DECISIONS BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INFORMATION BUSINESS INTELLIGENCE BUSINESS OPPORTUNITIES BUSINESS PARTNER BUSINESS STRATEGIES BUSINESSES BUYERS CHAMBERS OF COMMERCE CLASSIFICATIONS COMPETITIVE MARKETS COMPETITIVENESS CONFIDENTIALITY CONTACT INFORMATION CONTENTS CREDIBILITY CURRENCY CUSTOM CUSTOMER SERVICE CUSTOMS DESCRIPTION DESCRIPTIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMY DISCLOSURE DISCLOSURE AGREEMENTS DOCUMENTS DYNAMIC EMERGING ECONOMIES E-BUSINESS E-MAIL ADDRESSES E-MAILS E-SERVICES ECONOMIC DEVELOPMENT ELECTRONIC FORM EMAIL ADDRESSES EMERGING ECONOMIES EMERGING MARKETS ENTRY EQUIPMENT FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FOCUS GROUP FOCUS GROUPS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS GEOGRAPHIC REGIONS GLOBAL BUSINESS GLOBAL ECONOMIES GLOBAL INVESTMENT GLOBAL MARKET GOVERNMENT ASSETS GOVERNMENT REGULATIONS GOVERNMENT REVENUES GRAPHICS GROSS DOMESTIC PRODUCT GROUP INVESTMENT GROWTH RATE HEADINGS HOME COUNTRY HOME PAGE HOST COUNTRIES ICT IMAGES IMPORT DUTY EXEMPTIONS INCOME INCOME GROUP INDUSTRIAL DEVELOPMENT INFLATION INFORMATION ARCHITECTURE INFORMATION NEEDS INFORMATION PORTALS INFORMATION PROVISION INNOVATIONS INSTITUTION INTELLECTUAL CAPITAL INTERNAL SYSTEMS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE INTERNATIONAL INVESTOR INTERNATIONAL INVESTORS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATES INVESTMENT DECISIONS INVESTMENT ENVIRONMENT INVESTMENT FLOWS INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT REGULATION INVESTMENT SERVICES INVESTOR AWARENESS INVESTOR INTEREST INVESTOR PERSPECTIVES INVESTOR UNCERTAINTY JOB CREATION LABOR MARKET LACK OF TRANSPARENCY LEVEL PLAYING FIELD LICENSE LICENSES MARKET ENTRY MARKET SEGMENT MARKETING MATERIAL MENU MENUS MIDDLE-INCOME ECONOMY MINORITY SHAREHOLDERS MULTINATIONAL COMPANIES NATIONAL DEVELOPMENT NATIONAL INVESTMENT NAVIGATION NETWORKS OPEN MARKET PERFORMANCES POLITICAL STABILITY PORTABLE DOCUMENT FORMAT POTENTIAL INVESTMENT POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE SECTOR PRODUCTION PROCESSES PROJECT MANAGEMENT PROTOCOL PUBLIC INVESTMENT PUBLIC POLICY QUERIES R&D READING REAL ESTATE REGULATORS REGULATORY BODIES REGULATORY ENVIRONMENT RESEARCH INVESTMENT RESEARCHERS RESEARCHES RESULTS RETURN SEARCH SEARCH ENGINES SITE CONTENT SPECULATION SPREADSHEETS STATEMENT SUBSCRIPTIONS TAX TAX INCENTIVES TELECOMMUNICATIONS TELEPHONE TRACK RECORD TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY TURNOVER USER USER EXPERIENCE USERS VALUE CHAINS VIDEO WEB WEB DEVELOPMENT WEB PORTALS WEB PRESENCE WEB SITE WEB SITE DESIGN WEB SITES WEBSITE WORLD ECONOMIES WORLD INVESTMENT REPORT |
| spellingShingle |
ACRONYMS BENCHMARK BEST PRACTICE BEST PRACTICES BEST-PRACTICE BUSINESS CASE BUSINESS CASES BUSINESS CLIMATE BUSINESS DECISIONS BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INFORMATION BUSINESS INTELLIGENCE BUSINESS OPPORTUNITIES BUSINESS PARTNER BUSINESS STRATEGIES BUSINESSES BUYERS CHAMBERS OF COMMERCE CLASSIFICATIONS COMPETITIVE MARKETS COMPETITIVENESS CONFIDENTIALITY CONTACT INFORMATION CONTENTS CREDIBILITY CURRENCY CUSTOM CUSTOMER SERVICE CUSTOMS DESCRIPTION DESCRIPTIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMY DISCLOSURE DISCLOSURE AGREEMENTS DOCUMENTS DYNAMIC EMERGING ECONOMIES E-BUSINESS E-MAIL ADDRESSES E-MAILS E-SERVICES ECONOMIC DEVELOPMENT ELECTRONIC FORM EMAIL ADDRESSES EMERGING ECONOMIES EMERGING MARKETS ENTRY EQUIPMENT FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FOCUS GROUP FOCUS GROUPS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS GEOGRAPHIC REGIONS GLOBAL BUSINESS GLOBAL ECONOMIES GLOBAL INVESTMENT GLOBAL MARKET GOVERNMENT ASSETS GOVERNMENT REGULATIONS GOVERNMENT REVENUES GRAPHICS GROSS DOMESTIC PRODUCT GROUP INVESTMENT GROWTH RATE HEADINGS HOME COUNTRY HOME PAGE HOST COUNTRIES ICT IMAGES IMPORT DUTY EXEMPTIONS INCOME INCOME GROUP INDUSTRIAL DEVELOPMENT INFLATION INFORMATION ARCHITECTURE INFORMATION NEEDS INFORMATION PORTALS INFORMATION PROVISION INNOVATIONS INSTITUTION INTELLECTUAL CAPITAL INTERNAL SYSTEMS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE INTERNATIONAL INVESTOR INTERNATIONAL INVESTORS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATES INVESTMENT DECISIONS INVESTMENT ENVIRONMENT INVESTMENT FLOWS INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT REGULATION INVESTMENT SERVICES INVESTOR AWARENESS INVESTOR INTEREST INVESTOR PERSPECTIVES INVESTOR UNCERTAINTY JOB CREATION LABOR MARKET LACK OF TRANSPARENCY LEVEL PLAYING FIELD LICENSE LICENSES MARKET ENTRY MARKET SEGMENT MARKETING MATERIAL MENU MENUS MIDDLE-INCOME ECONOMY MINORITY SHAREHOLDERS MULTINATIONAL COMPANIES NATIONAL DEVELOPMENT NATIONAL INVESTMENT NAVIGATION NETWORKS OPEN MARKET PERFORMANCES POLITICAL STABILITY PORTABLE DOCUMENT FORMAT POTENTIAL INVESTMENT POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE SECTOR PRODUCTION PROCESSES PROJECT MANAGEMENT PROTOCOL PUBLIC INVESTMENT PUBLIC POLICY QUERIES R&D READING REAL ESTATE REGULATORS REGULATORY BODIES REGULATORY ENVIRONMENT RESEARCH INVESTMENT RESEARCHERS RESEARCHES RESULTS RETURN SEARCH SEARCH ENGINES SITE CONTENT SPECULATION SPREADSHEETS STATEMENT SUBSCRIPTIONS TAX TAX INCENTIVES TELECOMMUNICATIONS TELEPHONE TRACK RECORD TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY TURNOVER USER USER EXPERIENCE USERS VALUE CHAINS VIDEO WEB WEB DEVELOPMENT WEB PORTALS WEB PRESENCE WEB SITE WEB SITE DESIGN WEB SITES WEBSITE WORLD ECONOMIES WORLD INVESTMENT REPORT World Bank Group Global Investment Promotion Best Practices 2012 |
| description |
Global flows of foreign direct
investment (FDI) declined severely during the recent
economic and financial crisis. As the crisis eased, recovery
in world economies spurred a resurgence of FDI, and that in
turn reignited competition for investments among host
countries. Especially in emerging markets, governments long
have prized FDI as a source of much-needed capital and jobs.
But in the 21st century, governments value FDI as much or
more as a source of technology and know-how. Policymakers
have witnessed how knowledge brought by foreign investors
can spill over to local firms, bolster skills in the local
workforce, and thus increase the overall competitiveness of
their economies. To foster development of intellectual
capital as well as businesses and jobs, governments
increasingly recognize the importance of cultivating FDI.
Providing business and investment climate information is a
crucial component of IPI activities in all economies. But
IPIs can gain particular advantage in those settings where
investors find it most difficult to obtain reliable
information and meet bureaucratic requirements. Research
shows, for example, that investment promotion is more
effective in economies where English is not an official
language, and in economies that are more culturally distant
from the investors corporate homes. Investment promotion
also has more impact in countries with less effective
governments and in economies that erect more barriers to
launching a business (such as more time to obtain a
construction permit). In this 2012 edition, GIPB focuses
specifically on information provision in two sectors,
tourism and agribusiness. This focus should be of particular
use to economies that seek or are considering seeking FDI in
those sectors. |
| format |
Publications & Research :: Working Paper |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Global Investment Promotion Best Practices 2012 |
| title_short |
Global Investment Promotion Best Practices 2012 |
| title_full |
Global Investment Promotion Best Practices 2012 |
| title_fullStr |
Global Investment Promotion Best Practices 2012 |
| title_full_unstemmed |
Global Investment Promotion Best Practices 2012 |
| title_sort |
global investment promotion best practices 2012 |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2012/04/20217969/global-investment-promotion-best-practices-2012-vol-2-2-investment-climate http://hdl.handle.net/10986/20423 |
| _version_ |
1764445263907258368 |
| spelling |
okr-10986-204232021-04-23T14:03:55Z Global Investment Promotion Best Practices 2012 World Bank Group ACRONYMS BENCHMARK BEST PRACTICE BEST PRACTICES BEST-PRACTICE BUSINESS CASE BUSINESS CASES BUSINESS CLIMATE BUSINESS DECISIONS BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INFORMATION BUSINESS INTELLIGENCE BUSINESS OPPORTUNITIES BUSINESS PARTNER BUSINESS STRATEGIES BUSINESSES BUYERS CHAMBERS OF COMMERCE CLASSIFICATIONS COMPETITIVE MARKETS COMPETITIVENESS CONFIDENTIALITY CONTACT INFORMATION CONTENTS CREDIBILITY CURRENCY CUSTOM CUSTOMER SERVICE CUSTOMS DESCRIPTION DESCRIPTIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMY DISCLOSURE DISCLOSURE AGREEMENTS DOCUMENTS DYNAMIC EMERGING ECONOMIES E-BUSINESS E-MAIL E-MAIL ADDRESSES E-MAILS E-SERVICES ECONOMIC DEVELOPMENT ELECTRONIC FORM EMAIL ADDRESSES EMERGING ECONOMIES EMERGING MARKETS ENTRY EQUIPMENT FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FOCUS GROUP FOCUS GROUPS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS GEOGRAPHIC REGIONS GLOBAL BUSINESS GLOBAL ECONOMIES GLOBAL INVESTMENT GLOBAL MARKET GOVERNMENT ASSETS GOVERNMENT REGULATIONS GOVERNMENT REVENUES GRAPHICS GROSS DOMESTIC PRODUCT GROUP INVESTMENT GROWTH RATE HEADINGS HOME COUNTRY HOME PAGE HOST COUNTRIES ICT IMAGES IMPORT DUTY EXEMPTIONS INCOME INCOME GROUP INDUSTRIAL DEVELOPMENT INFLATION INFORMATION ARCHITECTURE INFORMATION NEEDS INFORMATION PORTALS INFORMATION PROVISION INNOVATIONS INSTITUTION INTELLECTUAL CAPITAL INTERNAL SYSTEMS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE INTERNATIONAL INVESTOR INTERNATIONAL INVESTORS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATES INVESTMENT DECISIONS INVESTMENT ENVIRONMENT INVESTMENT FLOWS INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT REGULATION INVESTMENT SERVICES INVESTOR AWARENESS INVESTOR INTEREST INVESTOR PERSPECTIVES INVESTOR UNCERTAINTY JOB CREATION LABOR MARKET LACK OF TRANSPARENCY LEVEL PLAYING FIELD LICENSE LICENSES MARKET ENTRY MARKET SEGMENT MARKETING MATERIAL MENU MENUS MIDDLE-INCOME ECONOMY MINORITY SHAREHOLDERS MULTINATIONAL COMPANIES NATIONAL DEVELOPMENT NATIONAL INVESTMENT NAVIGATION NETWORKS OPEN MARKET PDF PERFORMANCES POLITICAL STABILITY PORTABLE DOCUMENT FORMAT POTENTIAL INVESTMENT POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE SECTOR PRODUCTION PROCESSES PROJECT MANAGEMENT PROTOCOL PUBLIC INVESTMENT PUBLIC POLICY QUERIES R&D READING REAL ESTATE REGULATORS REGULATORY BODIES REGULATORY ENVIRONMENT RESEARCH INVESTMENT RESEARCHERS RESEARCHES RESULTS RETURN SEARCH SEARCH ENGINES SITE CONTENT SPECULATION SPREADSHEETS STATEMENT SUBSCRIPTIONS TAX TAX INCENTIVES TELECOMMUNICATIONS TELEPHONE TRACK RECORD TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY TURNOVER USER USER EXPERIENCE USERS VALUE CHAINS VIDEO WEB WEB DEVELOPMENT WEB PORTALS WEB PRESENCE WEB SITE WEB SITE DESIGN WEB SITES WEBSITE WORLD ECONOMIES WORLD INVESTMENT REPORT Global flows of foreign direct investment (FDI) declined severely during the recent economic and financial crisis. As the crisis eased, recovery in world economies spurred a resurgence of FDI, and that in turn reignited competition for investments among host countries. Especially in emerging markets, governments long have prized FDI as a source of much-needed capital and jobs. But in the 21st century, governments value FDI as much or more as a source of technology and know-how. Policymakers have witnessed how knowledge brought by foreign investors can spill over to local firms, bolster skills in the local workforce, and thus increase the overall competitiveness of their economies. To foster development of intellectual capital as well as businesses and jobs, governments increasingly recognize the importance of cultivating FDI. Providing business and investment climate information is a crucial component of IPI activities in all economies. But IPIs can gain particular advantage in those settings where investors find it most difficult to obtain reliable information and meet bureaucratic requirements. Research shows, for example, that investment promotion is more effective in economies where English is not an official language, and in economies that are more culturally distant from the investors corporate homes. Investment promotion also has more impact in countries with less effective governments and in economies that erect more barriers to launching a business (such as more time to obtain a construction permit). In this 2012 edition, GIPB focuses specifically on information provision in two sectors, tourism and agribusiness. This focus should be of particular use to economies that seek or are considering seeking FDI in those sectors. 2014-10-14T16:39:01Z 2014-10-14T16:39:01Z 2012-04 http://documents.worldbank.org/curated/en/2012/04/20217969/global-investment-promotion-best-practices-2012-vol-2-2-investment-climate http://hdl.handle.net/10986/20423 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Working Paper Publications & Research |