Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
An appropriate rural investment climate (RIC) is essential for rural businesses to be successful and generate employment and income in their communities. Improving the investment climate could facilitate income-generation activities in both farm an...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/279561468203676596/Improving-the-rural-investment-climate-for-businesses-key-to-rural-income-generation http://hdl.handle.net/10986/26897 |
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okr-10986-26897 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS ROADS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO INFORMATION ACCESS TO LOAN ACCESS TO MARKET ACCOUNTING AFFORDABLE TRANSPORTATION AGRICULTURAL ECONOMICS AGRICULTURAL PRODUCTS ALTERNATIVE EMPLOYMENT ASSISTANCE TO BUSINESS BANK ACCOUNT BANKRUPTCY BANKS BENEFICIARIES BORROWING BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BUREAUCRATIC RED TAPE BUS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS MANAGEMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS OWNERS BUSINESS PLAN BUSINESS PLANNING BUSINESS SUPPORT CALCULATION CAPACITY BUILDING CARS COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITY CONSUMER CONTRIBUTION CORRUPTION COST OF TRANSPORT COST OF TRANSPORTATION COST-BENEFIT ANALYSIS CREDIT GUARANTEE DELIVERY MECHANISM DIVERSIFICATION DRIVERS EARNINGS ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIES OF SCALE EDUCATION LEVELS ENTERPRISE DEVELOPMENT ENTERPRISE GROWTH ENTREPRENEURS ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXCLUSION EXTENSION SERVICES FARM ENTERPRISES FARMERS FEMALE ENTREPRENEURS FINANCE ACCESS FINANCIAL ILLITERACY FINANCIAL INSTITUTION FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SYSTEM FISCAL POLICY FIXED ASSET FORMAL BANKING FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SERVICES FUTURE GROWTH GENDER GENDER EQUALITY GENDER ISSUE GUARANTEE SCHEME HANDICRAFT HIGH INTEREST RATE HIGH TRANSPORTATION HOUSEHOLD EXPENSES HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL INCOME INCREASE INCOMES INDIVIDUAL ENTREPRENEURS INEQUALITY INFORMATION ON MARKETS INFORMATION TECHNOLOGY INSTITUTIONAL SUPPORT INSURANCE INTEREST RATES INTERNATIONAL BANK INVENTORY CREDIT INVESTING INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT STRATEGY JOB TRAINING KNOWLEDGE GAPS LABOR MARKET LACK OF ACCESS LACK OF CAPITAL LACK OF KNOWLEDGE LAND MARKETS LAND USE LIMITED ACCESS LIMITED ACCESS TO FINANCE LINE OF CREDIT LOAN LOAN AMOUNT LOAN APPLICATIONS LOCAL BUSINESSES MACROECONOMIC STABILITY MARKET DEMAND MARKET DEVELOPMENT MARKET INFORMATION MARKET SHARE MARKETING MATERIAL MEANS OF TRANSPORT MICRO-ENTREPRENEURS MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE LOANS MOBILITY MODE OF TRANSPORT MONEY TRANSFER NEW BUSINESS NEW MARKET OUTREACH OUTSTANDING LOANS PARTIAL CREDIT PENETRATION RATE PRIVATE ENTERPRISE PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC AWARENESS PUBLIC SERVICE DELIVERY PUBLIC TRANSPORTATION QUERIES QUESTIONNAIRES RISK REDUCTION ROAD ROAD BUILDING ROAD NETWORK ROADS RURAL BUSINESS RURAL FINANCE RURAL INFRASTRUCTURE RURAL ROADS RURAL TRANSPORT SAFETY SAFETY NETS SALES SAVINGS SAVINGS ACCOUNT SMALL BUSINESS SMALL BUSINESS AGENCIES SMALL ENTERPRISE STAKEHOLDER START-UP START-UP CAPITAL SUPPLY CHAIN TAX TAX RATE TECHNICAL ASSISTANCE TECHNICAL SKILLS TELEPHONE TRAFFIC TRAINING PROGRAMS TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT COSTS TRANSPORT IMPROVEMENT TRANSPORT SERVICES TRANSPORTATION COST TRANSPORTATION SYSTEM TRANSPORTS TRAVEL TIME TRUCKS URBAN AREAS VALUABLE VEHICLES WAGE WAGES WEALTH WEALTH CREATION WOMEN ENTREPRENEURS WORKING CAPITAL WORTH |
| spellingShingle |
ACCESS ROADS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO INFORMATION ACCESS TO LOAN ACCESS TO MARKET ACCOUNTING AFFORDABLE TRANSPORTATION AGRICULTURAL ECONOMICS AGRICULTURAL PRODUCTS ALTERNATIVE EMPLOYMENT ASSISTANCE TO BUSINESS BANK ACCOUNT BANKRUPTCY BANKS BENEFICIARIES BORROWING BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BUREAUCRATIC RED TAPE BUS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS MANAGEMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS OWNERS BUSINESS PLAN BUSINESS PLANNING BUSINESS SUPPORT CALCULATION CAPACITY BUILDING CARS COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITY CONSUMER CONTRIBUTION CORRUPTION COST OF TRANSPORT COST OF TRANSPORTATION COST-BENEFIT ANALYSIS CREDIT GUARANTEE DELIVERY MECHANISM DIVERSIFICATION DRIVERS EARNINGS ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIES OF SCALE EDUCATION LEVELS ENTERPRISE DEVELOPMENT ENTERPRISE GROWTH ENTREPRENEURS ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXCLUSION EXTENSION SERVICES FARM ENTERPRISES FARMERS FEMALE ENTREPRENEURS FINANCE ACCESS FINANCIAL ILLITERACY FINANCIAL INSTITUTION FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SYSTEM FISCAL POLICY FIXED ASSET FORMAL BANKING FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SERVICES FUTURE GROWTH GENDER GENDER EQUALITY GENDER ISSUE GUARANTEE SCHEME HANDICRAFT HIGH INTEREST RATE HIGH TRANSPORTATION HOUSEHOLD EXPENSES HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL INCOME INCREASE INCOMES INDIVIDUAL ENTREPRENEURS INEQUALITY INFORMATION ON MARKETS INFORMATION TECHNOLOGY INSTITUTIONAL SUPPORT INSURANCE INTEREST RATES INTERNATIONAL BANK INVENTORY CREDIT INVESTING INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT STRATEGY JOB TRAINING KNOWLEDGE GAPS LABOR MARKET LACK OF ACCESS LACK OF CAPITAL LACK OF KNOWLEDGE LAND MARKETS LAND USE LIMITED ACCESS LIMITED ACCESS TO FINANCE LINE OF CREDIT LOAN LOAN AMOUNT LOAN APPLICATIONS LOCAL BUSINESSES MACROECONOMIC STABILITY MARKET DEMAND MARKET DEVELOPMENT MARKET INFORMATION MARKET SHARE MARKETING MATERIAL MEANS OF TRANSPORT MICRO-ENTREPRENEURS MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE LOANS MOBILITY MODE OF TRANSPORT MONEY TRANSFER NEW BUSINESS NEW MARKET OUTREACH OUTSTANDING LOANS PARTIAL CREDIT PENETRATION RATE PRIVATE ENTERPRISE PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC AWARENESS PUBLIC SERVICE DELIVERY PUBLIC TRANSPORTATION QUERIES QUESTIONNAIRES RISK REDUCTION ROAD ROAD BUILDING ROAD NETWORK ROADS RURAL BUSINESS RURAL FINANCE RURAL INFRASTRUCTURE RURAL ROADS RURAL TRANSPORT SAFETY SAFETY NETS SALES SAVINGS SAVINGS ACCOUNT SMALL BUSINESS SMALL BUSINESS AGENCIES SMALL ENTERPRISE STAKEHOLDER START-UP START-UP CAPITAL SUPPLY CHAIN TAX TAX RATE TECHNICAL ASSISTANCE TECHNICAL SKILLS TELEPHONE TRAFFIC TRAINING PROGRAMS TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT COSTS TRANSPORT IMPROVEMENT TRANSPORT SERVICES TRANSPORTATION COST TRANSPORTATION SYSTEM TRANSPORTS TRAVEL TIME TRUCKS URBAN AREAS VALUABLE VEHICLES WAGE WAGES WEALTH WEALTH CREATION WOMEN ENTREPRENEURS WORKING CAPITAL WORTH Sawada, Naotaka Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation |
| geographic_facet |
Africa |
| relation |
Agriculture and Rural Development Discussion Paper;No. 51 |
| description |
An appropriate rural investment climate
(RIC) is essential for rural businesses to be successful and
generate employment and income in their communities.
Improving the investment climate could facilitate
income-generation activities in both farm and nonfarm
sectors, thus reducing rural poverty. Nonfarm sector focused
growth, combined with agricultural growth, and has been
shown by Delgado et al. (1998) to have a significant impact
on the local economy through the generation of employment
and income. This study is the first to focus on both farm
and nonfarm enterprises in its 2010 surveys of RIC in Yemen,
Burkina Faso, Nigeria, and Mozambique unlike six previous
RIC assessment (RICA) pilot projects that focused only on
nonfarm enterprises. This report assesses the weaknesses and
strengths of all RIC components in farm and nonfarm
enterprises of the four countries surveyed, and recommends
measures to address the weaknesses. The report identifies
similar business obstacles for farm and nonfarm enterprises
and four critical areas of the RIC to be improved. The
results of the RICA are based on analyses of obstacles
perceived by rural entrepreneurs and on assessments by RIC
indicators, enterprise entry and exit, and enterprise
performance. To have maximum synergy effects, farm and
nonfarm enterprises should be promoted together. |
| format |
Working Paper |
| author |
Sawada, Naotaka |
| author_facet |
Sawada, Naotaka |
| author_sort |
Sawada, Naotaka |
| title |
Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation |
| title_short |
Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation |
| title_full |
Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation |
| title_fullStr |
Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation |
| title_full_unstemmed |
Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation |
| title_sort |
improving the rural investment climate for businesses : key to rural income generation |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/279561468203676596/Improving-the-rural-investment-climate-for-businesses-key-to-rural-income-generation http://hdl.handle.net/10986/26897 |
| _version_ |
1764461185388773376 |
| spelling |
okr-10986-268972021-04-23T14:04:34Z Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation Sawada, Naotaka ACCESS ROADS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO INFORMATION ACCESS TO LOAN ACCESS TO MARKET ACCOUNTING AFFORDABLE TRANSPORTATION AGRICULTURAL ECONOMICS AGRICULTURAL PRODUCTS ALTERNATIVE EMPLOYMENT ASSISTANCE TO BUSINESS BANK ACCOUNT BANKRUPTCY BANKS BENEFICIARIES BORROWING BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BUREAUCRATIC RED TAPE BUS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS MANAGEMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS OWNERS BUSINESS PLAN BUSINESS PLANNING BUSINESS SUPPORT CALCULATION CAPACITY BUILDING CARS COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITY CONSUMER CONTRIBUTION CORRUPTION COST OF TRANSPORT COST OF TRANSPORTATION COST-BENEFIT ANALYSIS CREDIT GUARANTEE DELIVERY MECHANISM DIVERSIFICATION DRIVERS EARNINGS ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIES OF SCALE EDUCATION LEVELS ENTERPRISE DEVELOPMENT ENTERPRISE GROWTH ENTREPRENEURS ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXCLUSION EXTENSION SERVICES FARM ENTERPRISES FARMERS FEMALE ENTREPRENEURS FINANCE ACCESS FINANCIAL ILLITERACY FINANCIAL INSTITUTION FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SYSTEM FISCAL POLICY FIXED ASSET FORMAL BANKING FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SERVICES FUTURE GROWTH GENDER GENDER EQUALITY GENDER ISSUE GUARANTEE SCHEME HANDICRAFT HIGH INTEREST RATE HIGH TRANSPORTATION HOUSEHOLD EXPENSES HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL INCOME INCREASE INCOMES INDIVIDUAL ENTREPRENEURS INEQUALITY INFORMATION ON MARKETS INFORMATION TECHNOLOGY INSTITUTIONAL SUPPORT INSURANCE INTEREST RATES INTERNATIONAL BANK INVENTORY CREDIT INVESTING INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT STRATEGY JOB TRAINING KNOWLEDGE GAPS LABOR MARKET LACK OF ACCESS LACK OF CAPITAL LACK OF KNOWLEDGE LAND MARKETS LAND USE LIMITED ACCESS LIMITED ACCESS TO FINANCE LINE OF CREDIT LOAN LOAN AMOUNT LOAN APPLICATIONS LOCAL BUSINESSES MACROECONOMIC STABILITY MARKET DEMAND MARKET DEVELOPMENT MARKET INFORMATION MARKET SHARE MARKETING MATERIAL MEANS OF TRANSPORT MICRO-ENTREPRENEURS MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE LOANS MOBILITY MODE OF TRANSPORT MONEY TRANSFER NEW BUSINESS NEW MARKET OUTREACH OUTSTANDING LOANS PARTIAL CREDIT PENETRATION RATE PRIVATE ENTERPRISE PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC AWARENESS PUBLIC SERVICE DELIVERY PUBLIC TRANSPORTATION QUERIES QUESTIONNAIRES RISK REDUCTION ROAD ROAD BUILDING ROAD NETWORK ROADS RURAL BUSINESS RURAL FINANCE RURAL INFRASTRUCTURE RURAL ROADS RURAL TRANSPORT SAFETY SAFETY NETS SALES SAVINGS SAVINGS ACCOUNT SMALL BUSINESS SMALL BUSINESS AGENCIES SMALL ENTERPRISE STAKEHOLDER START-UP START-UP CAPITAL SUPPLY CHAIN TAX TAX RATE TECHNICAL ASSISTANCE TECHNICAL SKILLS TELEPHONE TRAFFIC TRAINING PROGRAMS TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT COSTS TRANSPORT IMPROVEMENT TRANSPORT SERVICES TRANSPORTATION COST TRANSPORTATION SYSTEM TRANSPORTS TRAVEL TIME TRUCKS URBAN AREAS VALUABLE VEHICLES WAGE WAGES WEALTH WEALTH CREATION WOMEN ENTREPRENEURS WORKING CAPITAL WORTH An appropriate rural investment climate (RIC) is essential for rural businesses to be successful and generate employment and income in their communities. Improving the investment climate could facilitate income-generation activities in both farm and nonfarm sectors, thus reducing rural poverty. Nonfarm sector focused growth, combined with agricultural growth, and has been shown by Delgado et al. (1998) to have a significant impact on the local economy through the generation of employment and income. This study is the first to focus on both farm and nonfarm enterprises in its 2010 surveys of RIC in Yemen, Burkina Faso, Nigeria, and Mozambique unlike six previous RIC assessment (RICA) pilot projects that focused only on nonfarm enterprises. This report assesses the weaknesses and strengths of all RIC components in farm and nonfarm enterprises of the four countries surveyed, and recommends measures to address the weaknesses. The report identifies similar business obstacles for farm and nonfarm enterprises and four critical areas of the RIC to be improved. The results of the RICA are based on analyses of obstacles perceived by rural entrepreneurs and on assessments by RIC indicators, enterprise entry and exit, and enterprise performance. To have maximum synergy effects, farm and nonfarm enterprises should be promoted together. 2017-06-05T18:14:01Z 2017-06-05T18:14:01Z 2012-02 Working Paper http://documents.worldbank.org/curated/en/279561468203676596/Improving-the-rural-investment-climate-for-businesses-key-to-rural-income-generation http://hdl.handle.net/10986/26897 English en_US Agriculture and Rural Development Discussion Paper;No. 51 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa |