Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries

This study looks at firm performance and the investment climate in Zanzibar. The main source of information is a 2003-2004 survey of manufacturing enterprises. The report is complementary to an earlier report looking at the investment climate in th...

Full description

Bibliographic Details
Main Author: World Bank
Format: Investment Climate Assessment (ICA)
Language:English
en_US
Published: Washington, DC 2012
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2007/10/9240802/tanzania-effect-investment-climate-performance-micro-small-enterprise-zanzibar-comparison-mainland-tanzania-other-countries
http://hdl.handle.net/10986/7708
id okr-10986-7708
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 ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCING
ACCOUNTING
ADVISORY SERVICE
AGRICULTURE
APPLICATION PROCEDURES
AVERAGE EXCHANGE RATES
BANK LOAN
BANKING SECTOR
BANKS
BOOK VALUE
BORROWING
BRIBE
BRIBES
CALCULATIONS
CAPITAL STOCK
CAPITAL USE
CHILD MORTALITY RATES
COLLATERAL
COLLATERAL REQUIREMENTS
COLLUSION
COMMODITIES
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSUMERS
CONTRIBUTION
CORRUPTION
COUNTRY COMPARISONS
DEFLATORS
DEPRECIATION
DIRECT INVESTMENT
DIVERSIFICATION
DOMESTIC GOODS
ECONOMIC GROWTH
ECONOMIC SECTORS
ECONOMIC SHOCKS
ECONOMIC SIZE
ECONOMIC SUCCESS
ECONOMICS
EDUCATIONAL ATTAINMENT
EMPLOYEE
EMPLOYMENT
ENROLLMENT
ENTERPRISE DEVELOPMENT
ENTREPRENEURS
EXCHANGE RATE
EXPLOITATION
EXPORT EARNINGS
EXPORTS
EXTERNAL SHOCKS
FACILITATION
FINANCIAL INTERMEDIATION
FINANCIAL SECTOR
FIXED COSTS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE EARNINGS
FOREIGN INVESTMENT
GDP
GOVERNMENT REGULATIONS
INDIRECT COSTS
INFLATION
INNOVATION
INSURANCE
INTEREST RATES
INTERNATIONAL TRADE
INVENTORIES
INVENTORY
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT CLIMATE ASSESSMENTS
LABOR COSTS
LABOR FORCE
LABOR PRODUCTIVITY
LABOUR
LARGE ENTERPRISES
LARGE FIRMS
LAWS
LIFE EXPECTANCY
LITERACY
LOW INCOME
LOW-INCOME
MACROECONOMIC PERFORMANCE
MARKET SHARES
MAXIMUM LIKELIHOOD ESTIMATION
MIDDLE EAST
MORTALITY
MULTINATIONAL
NATURAL RESOURCES
ORGANIZATIONAL STRUCTURE
OVERDRAFT
PACIFIC ISLANDS
POOR ACCESS
PRIMARY EDUCATION
PRIVATE INVESTMENT
PRIVATIZATION
PROBABILITY
PRODUCTIVITY
PUBLIC EXPENDITURE
PUBLIC GOODS
PUBLIC SERVICES
PUBLIC- PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIP
PURCHASING POWER
QUESTIONNAIRE
REGULATORY AUTHORITY
REGULATORY FRAMEWORK
SAHARA
SALARIES
SALES
SECONDARY EDUCATION
SENIOR
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SUB-SAHARAN AFRICA
SUPPLIERS
SUPPLY CHAINS
TAX ADMINISTRATION
TAX RATES
TAXATION
THE GAMBIA
TOTAL COST
TOTAL FACTOR PRODUCTIVITY
TRAINING PROGRAM
TRAINING PROGRAMS
TRANSACTION
TRANSACTION COSTS
TRANSPORT
UNSKILLED WORKERS
VALUE ADDED
VOTERS
WAGE
WAGES
WORKERS SKILLS
spellingShingle ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCING
ACCOUNTING
ADVISORY SERVICE
AGRICULTURE
APPLICATION PROCEDURES
AVERAGE EXCHANGE RATES
BANK LOAN
BANKING SECTOR
BANKS
BOOK VALUE
BORROWING
BRIBE
BRIBES
CALCULATIONS
CAPITAL STOCK
CAPITAL USE
CHILD MORTALITY RATES
COLLATERAL
COLLATERAL REQUIREMENTS
COLLUSION
COMMODITIES
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSUMERS
CONTRIBUTION
CORRUPTION
COUNTRY COMPARISONS
DEFLATORS
DEPRECIATION
DIRECT INVESTMENT
DIVERSIFICATION
DOMESTIC GOODS
ECONOMIC GROWTH
ECONOMIC SECTORS
ECONOMIC SHOCKS
ECONOMIC SIZE
ECONOMIC SUCCESS
ECONOMICS
EDUCATIONAL ATTAINMENT
EMPLOYEE
EMPLOYMENT
ENROLLMENT
ENTERPRISE DEVELOPMENT
ENTREPRENEURS
EXCHANGE RATE
EXPLOITATION
EXPORT EARNINGS
EXPORTS
EXTERNAL SHOCKS
FACILITATION
FINANCIAL INTERMEDIATION
FINANCIAL SECTOR
FIXED COSTS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE EARNINGS
FOREIGN INVESTMENT
GDP
GOVERNMENT REGULATIONS
INDIRECT COSTS
INFLATION
INNOVATION
INSURANCE
INTEREST RATES
INTERNATIONAL TRADE
INVENTORIES
INVENTORY
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT CLIMATE ASSESSMENTS
LABOR COSTS
LABOR FORCE
LABOR PRODUCTIVITY
LABOUR
LARGE ENTERPRISES
LARGE FIRMS
LAWS
LIFE EXPECTANCY
LITERACY
LOW INCOME
LOW-INCOME
MACROECONOMIC PERFORMANCE
MARKET SHARES
MAXIMUM LIKELIHOOD ESTIMATION
MIDDLE EAST
MORTALITY
MULTINATIONAL
NATURAL RESOURCES
ORGANIZATIONAL STRUCTURE
OVERDRAFT
PACIFIC ISLANDS
POOR ACCESS
PRIMARY EDUCATION
PRIVATE INVESTMENT
PRIVATIZATION
PROBABILITY
PRODUCTIVITY
PUBLIC EXPENDITURE
PUBLIC GOODS
PUBLIC SERVICES
PUBLIC- PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIP
PURCHASING POWER
QUESTIONNAIRE
REGULATORY AUTHORITY
REGULATORY FRAMEWORK
SAHARA
SALARIES
SALES
SECONDARY EDUCATION
SENIOR
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SUB-SAHARAN AFRICA
SUPPLIERS
SUPPLY CHAINS
TAX ADMINISTRATION
TAX RATES
TAXATION
THE GAMBIA
TOTAL COST
TOTAL FACTOR PRODUCTIVITY
TRAINING PROGRAM
TRAINING PROGRAMS
TRANSACTION
TRANSACTION COSTS
TRANSPORT
UNSKILLED WORKERS
VALUE ADDED
VOTERS
WAGE
WAGES
WORKERS SKILLS
World Bank
Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries
geographic_facet Africa
East Africa
Sub-Saharan Africa
Tanzania
description This study looks at firm performance and the investment climate in Zanzibar. The main source of information is a 2003-2004 survey of manufacturing enterprises. The report is complementary to an earlier report looking at the investment climate in the whole of the United Republic of Tanzania, including Zanzibar (Regional Program on Enterprise Development, 2004). To avoid redundancy with the earlier report, this report focuses on areas where the investment climate is different in Zanzibar from mainland Tanzania. Zanzibar is a small island economy found close to the Tanzanian mainland. Like other small island economies, limited diversification and a small domestic market make Zanzibar vulnerable to terms of trade and other shocks. Diversifying into manufacturing a goal that is consistent with Zanzibar's Growth Strategy (2006-2015) would reduce this vulnerability. This report looks at existing manufacturing firms in Zanzibar to see how their performance compares with similar firms in other parts of Tanzania, other countries in Africa, and other small island economies. It also compares the investment climate in Zanzibar with the investment climate on the mainland and in other nearby countries. Although the investment climate in Zanzibar is more favorable in many areas than it is on the mainland, firms remained more concerned about several areas. Consistent with the evidence on worker skills and capital intensity, firms were more likely to say that access to finance and workers skills and education were serious problems than firms on the mainland were. Objective data are consistent with this-fewer firms had loans, firms reported having less capital and workers and managers were less likely to be university educated in Zanzibar. Improving education and taking steps to attract skilled workers from the mainland and elsewhere -- and improving access to finance, therefore, should be a priority.
format Economic & Sector Work :: Investment Climate Assessment (ICA)
author World Bank
author_facet World Bank
author_sort World Bank
title Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries
title_short Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries
title_full Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries
title_fullStr Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries
title_full_unstemmed Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries
title_sort zanzibar - the effect of the investment climate on performance of micro and small enterprise in zanzibar : a comparison with mainland tanzania and other countries
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/10/9240802/tanzania-effect-investment-climate-performance-micro-small-enterprise-zanzibar-comparison-mainland-tanzania-other-countries
http://hdl.handle.net/10986/7708
_version_ 1764404449844920320
spelling okr-10986-77082021-04-23T14:02:38Z Zanzibar - The Effect of the Investment Climate on Performance of Micro and Small Enterprise in Zanzibar : A Comparison with Mainland Tanzania and Other Countries World Bank ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCOUNTING ADVISORY SERVICE AGRICULTURE APPLICATION PROCEDURES AVERAGE EXCHANGE RATES BANK LOAN BANKING SECTOR BANKS BOOK VALUE BORROWING BRIBE BRIBES CALCULATIONS CAPITAL STOCK CAPITAL USE CHILD MORTALITY RATES COLLATERAL COLLATERAL REQUIREMENTS COLLUSION COMMODITIES COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMERS CONTRIBUTION CORRUPTION COUNTRY COMPARISONS DEFLATORS DEPRECIATION DIRECT INVESTMENT DIVERSIFICATION DOMESTIC GOODS ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SHOCKS ECONOMIC SIZE ECONOMIC SUCCESS ECONOMICS EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYMENT ENROLLMENT ENTERPRISE DEVELOPMENT ENTREPRENEURS EXCHANGE RATE EXPLOITATION EXPORT EARNINGS EXPORTS EXTERNAL SHOCKS FACILITATION FINANCIAL INTERMEDIATION FINANCIAL SECTOR FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS FOREIGN INVESTMENT GDP GOVERNMENT REGULATIONS INDIRECT COSTS INFLATION INNOVATION INSURANCE INTEREST RATES INTERNATIONAL TRADE INVENTORIES INVENTORY INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS LABOR COSTS LABOR FORCE LABOR PRODUCTIVITY LABOUR LARGE ENTERPRISES LARGE FIRMS LAWS LIFE EXPECTANCY LITERACY LOW INCOME LOW-INCOME MACROECONOMIC PERFORMANCE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MIDDLE EAST MORTALITY MULTINATIONAL NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERDRAFT PACIFIC ISLANDS POOR ACCESS PRIMARY EDUCATION PRIVATE INVESTMENT PRIVATIZATION PROBABILITY PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC GOODS PUBLIC SERVICES PUBLIC- PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIP PURCHASING POWER QUESTIONNAIRE REGULATORY AUTHORITY REGULATORY FRAMEWORK SAHARA SALARIES SALES SECONDARY EDUCATION SENIOR SMALL ENTERPRISE SMALL ENTERPRISES SOCIAL COHESION SUB-SAHARAN AFRICA SUPPLIERS SUPPLY CHAINS TAX ADMINISTRATION TAX RATES TAXATION THE GAMBIA TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS TRANSACTION TRANSACTION COSTS TRANSPORT UNSKILLED WORKERS VALUE ADDED VOTERS WAGE WAGES WORKERS SKILLS This study looks at firm performance and the investment climate in Zanzibar. The main source of information is a 2003-2004 survey of manufacturing enterprises. The report is complementary to an earlier report looking at the investment climate in the whole of the United Republic of Tanzania, including Zanzibar (Regional Program on Enterprise Development, 2004). To avoid redundancy with the earlier report, this report focuses on areas where the investment climate is different in Zanzibar from mainland Tanzania. Zanzibar is a small island economy found close to the Tanzanian mainland. Like other small island economies, limited diversification and a small domestic market make Zanzibar vulnerable to terms of trade and other shocks. Diversifying into manufacturing a goal that is consistent with Zanzibar's Growth Strategy (2006-2015) would reduce this vulnerability. This report looks at existing manufacturing firms in Zanzibar to see how their performance compares with similar firms in other parts of Tanzania, other countries in Africa, and other small island economies. It also compares the investment climate in Zanzibar with the investment climate on the mainland and in other nearby countries. Although the investment climate in Zanzibar is more favorable in many areas than it is on the mainland, firms remained more concerned about several areas. Consistent with the evidence on worker skills and capital intensity, firms were more likely to say that access to finance and workers skills and education were serious problems than firms on the mainland were. Objective data are consistent with this-fewer firms had loans, firms reported having less capital and workers and managers were less likely to be university educated in Zanzibar. Improving education and taking steps to attract skilled workers from the mainland and elsewhere -- and improving access to finance, therefore, should be a priority. 2012-06-11T19:45:28Z 2012-06-11T19:45:28Z 2007-10 http://documents.worldbank.org/curated/en/2007/10/9240802/tanzania-effect-investment-climate-performance-micro-small-enterprise-zanzibar-comparison-mainland-tanzania-other-countries http://hdl.handle.net/10986/7708 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Investment Climate Assessment (ICA) Economic & Sector Work Africa East Africa Sub-Saharan Africa Tanzania