Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate
The productivity and investment climate survey suggests that the perceptions managers have of the investment climate in Ethiopia has improved dramatically since the first investment climate survey in 2001-2002. The share of managers and owners who...
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| Format: | Investment Climate Assessment (ICA) |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090714004008 http://hdl.handle.net/10986/3076 |
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okr-10986-30762021-04-23T14:02:06Z Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate World Bank ADVERSE EFFECT AGRICULTURE ALLOCATIVE EFFICIENCY ASSET PRICES AVERAGE PRODUCTIVITY AVERAGING BALANCE OF PAYMENTS BANK BANKING BANKING SECTOR BANKING SECTOR REFORMS BARRIERS BARRIERS TO ENTRY BID BUSINESS ENVIRONMENT CAPITAL BASE CAPITAL FORMATION CAPITAL INVESTMENTS CENTRAL PLANNING CIVIL WAR CLEAN WATER COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITIES COMPARATIVE ADVANTAGE COMPETITION POLICY COMPETITIVENESS CONTRACT CONTRACTING CONTRIBUTION CREDIBILITY CREDIT BUREAU CREDIT BUREAUS CRITICAL MASS CURRENCY CURRENCY SHORTAGES DEBT DEFAULT DEFICIT DEFICITS DEMAND DEVELOPMENT DEVELOPMENT STRATEGY DIRECTED CREDIT DIVERSIFICATION DOMESTIC BANKS DOMESTIC MARKET DROUGHT ECONOMETRIC MODELS ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATION EFFECTS EFFICIENT MARKET EMPLOYMENT GROWTH ENTERPRISE PERFORMANCE EQUIPMENT EXCHANGE EXCHANGE RATE EXPENDITURE EXPENSE EXPORTER EXPORTERS EXPORTS EXPOSURE EXTERNAL FINANCE EXTERNAL TRADE FACTOR MARKETS FARM INCOME FEMALE ENTREPRENEURS The productivity and investment climate survey suggests that the perceptions managers have of the investment climate in Ethiopia has improved dramatically since the first investment climate survey in 2001-2002. The share of managers and owners who report being constrained by the investment climate, defined as the 'location-specific factors that shape the opportunities and incentives for firms to invest productively, create jobs, and expand' in the 2005 World development report, was extremely high for almost all measured variables in the 2001 survey. Five years later, the share of complaining firms has declined to the point that Ethiopia performs more favorably than the low-income international averages. Despite serious economic challenges that became more acute after the survey was completed, the long-term trend is clearly toward improvement. The paper focuses on productivity because differences in productivity explain differences in income between countries, and attracts new investment. When firms become more productive, they are able to offer a product more likely to meet the quality and cost requirements of foreign markets. They are able to pay higher wages, employ more workers, and the profitability will attract more investment. Developing a private sector that is able to fulfill its development role requires solutions to three challenges: the challenge of productivity and growth, the challenge of inclusion, and the challenge of formalization. 2012-03-19T17:23:56Z 2012-03-19T17:23:56Z 2009-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090714004008 http://hdl.handle.net/10986/3076 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Investment Climate Assessment (ICA) Africa Sub-Saharan Africa East Africa Ethiopia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADVERSE EFFECT AGRICULTURE ALLOCATIVE EFFICIENCY ASSET PRICES AVERAGE PRODUCTIVITY AVERAGING BALANCE OF PAYMENTS BANK BANKING BANKING SECTOR BANKING SECTOR REFORMS BARRIERS BARRIERS TO ENTRY BID BUSINESS ENVIRONMENT CAPITAL BASE CAPITAL FORMATION CAPITAL INVESTMENTS CENTRAL PLANNING CIVIL WAR CLEAN WATER COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITIES COMPARATIVE ADVANTAGE COMPETITION POLICY COMPETITIVENESS CONTRACT CONTRACTING CONTRIBUTION CREDIBILITY CREDIT BUREAU CREDIT BUREAUS CRITICAL MASS CURRENCY CURRENCY SHORTAGES DEBT DEFAULT DEFICIT DEFICITS DEMAND DEVELOPMENT DEVELOPMENT STRATEGY DIRECTED CREDIT DIVERSIFICATION DOMESTIC BANKS DOMESTIC MARKET DROUGHT ECONOMETRIC MODELS ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATION EFFECTS EFFICIENT MARKET EMPLOYMENT GROWTH ENTERPRISE PERFORMANCE EQUIPMENT EXCHANGE EXCHANGE RATE EXPENDITURE EXPENSE EXPORTER EXPORTERS EXPORTS EXPOSURE EXTERNAL FINANCE EXTERNAL TRADE FACTOR MARKETS FARM INCOME FEMALE ENTREPRENEURS |
| spellingShingle |
ADVERSE EFFECT AGRICULTURE ALLOCATIVE EFFICIENCY ASSET PRICES AVERAGE PRODUCTIVITY AVERAGING BALANCE OF PAYMENTS BANK BANKING BANKING SECTOR BANKING SECTOR REFORMS BARRIERS BARRIERS TO ENTRY BID BUSINESS ENVIRONMENT CAPITAL BASE CAPITAL FORMATION CAPITAL INVESTMENTS CENTRAL PLANNING CIVIL WAR CLEAN WATER COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITIES COMPARATIVE ADVANTAGE COMPETITION POLICY COMPETITIVENESS CONTRACT CONTRACTING CONTRIBUTION CREDIBILITY CREDIT BUREAU CREDIT BUREAUS CRITICAL MASS CURRENCY CURRENCY SHORTAGES DEBT DEFAULT DEFICIT DEFICITS DEMAND DEVELOPMENT DEVELOPMENT STRATEGY DIRECTED CREDIT DIVERSIFICATION DOMESTIC BANKS DOMESTIC MARKET DROUGHT ECONOMETRIC MODELS ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATION EFFECTS EFFICIENT MARKET EMPLOYMENT GROWTH ENTERPRISE PERFORMANCE EQUIPMENT EXCHANGE EXCHANGE RATE EXPENDITURE EXPENSE EXPORTER EXPORTERS EXPORTS EXPOSURE EXTERNAL FINANCE EXTERNAL TRADE FACTOR MARKETS FARM INCOME FEMALE ENTREPRENEURS World Bank Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate |
| geographic_facet |
Africa Sub-Saharan Africa East Africa Ethiopia |
| description |
The productivity and investment climate
survey suggests that the perceptions managers have of the
investment climate in Ethiopia has improved dramatically
since the first investment climate survey in 2001-2002. The
share of managers and owners who report being constrained by
the investment climate, defined as the
'location-specific factors that shape the opportunities
and incentives for firms to invest productively, create
jobs, and expand' in the 2005 World development report,
was extremely high for almost all measured variables in the
2001 survey. Five years later, the share of complaining
firms has declined to the point that Ethiopia performs more
favorably than the low-income international averages.
Despite serious economic challenges that became more acute
after the survey was completed, the long-term trend is
clearly toward improvement. The paper focuses on
productivity because differences in productivity explain
differences in income between countries, and attracts new
investment. When firms become more productive, they are able
to offer a product more likely to meet the quality and cost
requirements of foreign markets. They are able to pay higher
wages, employ more workers, and the profitability will
attract more investment. Developing a private sector that is
able to fulfill its development role requires solutions to
three challenges: the challenge of productivity and growth,
the challenge of inclusion, and the challenge of formalization. |
| format |
Economic & Sector Work :: Investment Climate Assessment (ICA) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate |
| title_short |
Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate |
| title_full |
Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate |
| title_fullStr |
Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate |
| title_full_unstemmed |
Ethiopia - Toward the Competitive Frontier : Strategies for Improving Ethiopia’s Investment Climate |
| title_sort |
ethiopia - toward the competitive frontier : strategies for improving ethiopia’s investment climate |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090714004008 http://hdl.handle.net/10986/3076 |
| _version_ |
1764386433043267584 |