Investment Climate Reform : An Independent Evaluation of World Bank Group Support to Reforms of Business Regulations
Private firms are at the forefront of the development process providing more than 90 percent of jobs, supplying goods and services, and representing a significant source of tax revenues. Their ability to grow, create jobs, and reduce poverty depends critically on a well-functioning investment cli...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank Group, Washington, DC
2015
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| Online Access: | http://hdl.handle.net/10986/21311 |
| Summary: | Private firms are at the forefront of the development process providing more than 90
percent of jobs, supplying goods and services, and representing a significant source
of tax revenues. Their ability to grow, create jobs, and reduce poverty depends
critically on a well-functioning investment climate defined as the policy, legal and
institutional arrangements underpinning the functioning of markets and the level of
transaction costs and risks associated with starting, operating and closing a business.
The World Bank Group has been providing extensive support to investment climate
reforms—having supported over the period FY07–13, 819 projects with investment
climate interventions in 119 countries for a total estimated value of $3.7 billion. This
evaluation is designed to assess the relevance, effectiveness, and social value as it
relates to concerns for inclusion and shared prosperity of World Bank Group
support to investment climate reforms. |
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