The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment
In a post-conflict environment, attracting new foreign and domestic firms is central to private sector development. Existing firms at the end of sustained conflict are typically state-owned, are highly undercapitalized, have weak or nonexistent management, have a deskilled and underemployed labor fo...
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| Format: | Investment Climate Assessment (ICA) |
| Language: | English en_US |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/12/6676155/investment-climate-afghanistan-exploiting-opportunities-uncertain-environment http://hdl.handle.net/10986/8484 |
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okr-10986-8484 |
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| 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 |
ACCOUNTABILITY ACCOUNTING AIR ANTICOMPETITIVE PRACTICES AVERAGE CAPACITY AVERAGE CAPACITY UTILIZATION BANKING LAWS BANKING SECTOR BANKING SERVICES BANKING SYSTEM BASIC SERVICES BRIDGE BUSINESS ENVIRONMENT CAPITAL INVESTMENT CAPITAL STOCK CARRIERS CENTRAL ASIAN CIVIL SERVICE COMMERCIAL CREDIT COMPANY COST OF TRANSPORT COSTS OF SERVICE COSTS OF SERVICE PROVISION CREDIT RATING CREDIT RATING AGENCIES CREDIT UNIONS CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS DEPARTMENT CUSTOMS MODERNIZATION CUSTOMS OFFICIALS CUSTOMS TARIFFS DEBT DISPUTE RESOLUTION DOMESTIC FIRMS DOMESTIC INVESTMENT DOMESTIC MARKET ECONOMIC GROWTH ECONOMIC STABILITY EMPLOYMENT ENTERPRISE REFORM EXPANSION FACTORING FINANCIAL LEASING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEM FIRMS FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN TRADE FREIGHT GROSS PROFIT HIGHWAYS IMPORTED INPUTS INDUSTRIAL ENTERPRISES INFLATION INSPECTION INSURANCE INTERNATIONAL COMMUNITY INVESTMENT ACTIVITY INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT DECISIONS INVESTMENT GROWTH INVESTMENT PROGRAM LABOR FORCE LABOR PRODUCTIVITY LEGAL FRAMEWORK LEGAL SYSTEMS LEGISLATION LOCAL FIRMS LOCAL MARKET MANUFACTURERS MEDIUM ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR NEIGHBORING COUNTRIES NEW ENTRANTS NONBANK FINANCIAL INSTITUTIONS NONGOVERNMENTAL ORGANIZATIONS OPEN ECONOMIES PATRONAGE POLICE POLICY BARRIERS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRIVATE COMMERCIAL BANKS PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR ACTIVITY PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRIVATE SECTOR PLAYERS PRIVATE TRANSPORT PRIVATIZATION PRIVATIZATION POLICY PRODUCTIVITY PROPERTY RIGHTS PROVISION OF INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC POLICY PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIPS RAILROADS RATING AGENCIES REDUCING UNCERTAINTY REGULATORY FRAMEWORK REGULATORY ISSUES REMOVING BARRIERS RING ROAD RISKY INVESTMENT ROAD ROAD NETWORK ROADS SAVINGS SME STATEMENT SUB-SAHARAN AFRICA TARIFF STRUCTURE TARIFF STRUCTURES TAX TAX ADMINISTRATION TAX BASE TAX INCENTIVES TAX POLICY TAX RATES TAX REFORM TRADE AGREEMENTS TRADE CREDIT TRADE FACILITATION TRADE FACILITATION SERVICES TRADE POLICY TRADE REFORM TRADERS TRANSACTIONS COSTS TRANSPORT TRANSPORT AGREEMENTS TRANSPORT COMPANIES TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICE TRAVEL TIMES VEHICLE WORLD TRADE |
| spellingShingle |
ACCOUNTABILITY ACCOUNTING AIR ANTICOMPETITIVE PRACTICES AVERAGE CAPACITY AVERAGE CAPACITY UTILIZATION BANKING LAWS BANKING SECTOR BANKING SERVICES BANKING SYSTEM BASIC SERVICES BRIDGE BUSINESS ENVIRONMENT CAPITAL INVESTMENT CAPITAL STOCK CARRIERS CENTRAL ASIAN CIVIL SERVICE COMMERCIAL CREDIT COMPANY COST OF TRANSPORT COSTS OF SERVICE COSTS OF SERVICE PROVISION CREDIT RATING CREDIT RATING AGENCIES CREDIT UNIONS CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS DEPARTMENT CUSTOMS MODERNIZATION CUSTOMS OFFICIALS CUSTOMS TARIFFS DEBT DISPUTE RESOLUTION DOMESTIC FIRMS DOMESTIC INVESTMENT DOMESTIC MARKET ECONOMIC GROWTH ECONOMIC STABILITY EMPLOYMENT ENTERPRISE REFORM EXPANSION FACTORING FINANCIAL LEASING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEM FIRMS FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN TRADE FREIGHT GROSS PROFIT HIGHWAYS IMPORTED INPUTS INDUSTRIAL ENTERPRISES INFLATION INSPECTION INSURANCE INTERNATIONAL COMMUNITY INVESTMENT ACTIVITY INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT DECISIONS INVESTMENT GROWTH INVESTMENT PROGRAM LABOR FORCE LABOR PRODUCTIVITY LEGAL FRAMEWORK LEGAL SYSTEMS LEGISLATION LOCAL FIRMS LOCAL MARKET MANUFACTURERS MEDIUM ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR NEIGHBORING COUNTRIES NEW ENTRANTS NONBANK FINANCIAL INSTITUTIONS NONGOVERNMENTAL ORGANIZATIONS OPEN ECONOMIES PATRONAGE POLICE POLICY BARRIERS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRIVATE COMMERCIAL BANKS PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR ACTIVITY PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRIVATE SECTOR PLAYERS PRIVATE TRANSPORT PRIVATIZATION PRIVATIZATION POLICY PRODUCTIVITY PROPERTY RIGHTS PROVISION OF INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC POLICY PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIPS RAILROADS RATING AGENCIES REDUCING UNCERTAINTY REGULATORY FRAMEWORK REGULATORY ISSUES REMOVING BARRIERS RING ROAD RISKY INVESTMENT ROAD ROAD NETWORK ROADS SAVINGS SME STATEMENT SUB-SAHARAN AFRICA TARIFF STRUCTURE TARIFF STRUCTURES TAX TAX ADMINISTRATION TAX BASE TAX INCENTIVES TAX POLICY TAX RATES TAX REFORM TRADE AGREEMENTS TRADE CREDIT TRADE FACILITATION TRADE FACILITATION SERVICES TRADE POLICY TRADE REFORM TRADERS TRANSACTIONS COSTS TRANSPORT TRANSPORT AGREEMENTS TRANSPORT COMPANIES TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICE TRAVEL TIMES VEHICLE WORLD TRADE World Bank The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment |
| geographic_facet |
South Asia Asia South Asia Afghanistan |
| description |
In a post-conflict environment, attracting new foreign and domestic firms is central to private sector development. Existing firms at the end of sustained conflict are typically state-owned, are highly undercapitalized, have weak or nonexistent management, have a deskilled and underemployed labor force, and are in need of significant new capital investment. As is the case in any business environment, particularly in post-conflict countries, new investment decisions (into existing or new firms) usually depend on the availability of five basic factors: political and economic stability and security, clear unambiguous regulations, reasonable tax rates that are equitably enforced, access to finance and infrastructure, and an appropriately skilled workforce. In Afghanistan, these conditions are lacking. This report has been prepared to assist the government of Afghanistan to address its private sector development challenges. It acknowledges the achievements that have been accomplished since the fall of the Taliban regime, and it highlights both the investments that have taken place and the opportunities that remain to be captured. More important, it reviews the constraints that firms currently operating in Afghanistan face and makes policy recommendations on how these constraints can be addressed. In addition to a survey of 338 firms, the study makes reference to the numerous studies on the private sector that have been conducted recently. |
| format |
Economic & Sector Work :: Investment Climate Assessment (ICA) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment |
| title_short |
The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment |
| title_full |
The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment |
| title_fullStr |
The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment |
| title_full_unstemmed |
The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment |
| title_sort |
investment climate in afghanistan : exploiting opportunities in an uncertain environment |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/12/6676155/investment-climate-afghanistan-exploiting-opportunities-uncertain-environment http://hdl.handle.net/10986/8484 |
| _version_ |
1764405501472276480 |
| spelling |
okr-10986-84842021-04-23T14:02:39Z The Investment Climate in Afghanistan : Exploiting Opportunities in an Uncertain Environment World Bank ACCOUNTABILITY ACCOUNTING AIR ANTICOMPETITIVE PRACTICES AVERAGE CAPACITY AVERAGE CAPACITY UTILIZATION BANKING LAWS BANKING SECTOR BANKING SERVICES BANKING SYSTEM BASIC SERVICES BRIDGE BUSINESS ENVIRONMENT CAPITAL INVESTMENT CAPITAL STOCK CARRIERS CENTRAL ASIAN CIVIL SERVICE COMMERCIAL CREDIT COMPANY COST OF TRANSPORT COSTS OF SERVICE COSTS OF SERVICE PROVISION CREDIT RATING CREDIT RATING AGENCIES CREDIT UNIONS CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS DEPARTMENT CUSTOMS MODERNIZATION CUSTOMS OFFICIALS CUSTOMS TARIFFS DEBT DISPUTE RESOLUTION DOMESTIC FIRMS DOMESTIC INVESTMENT DOMESTIC MARKET ECONOMIC GROWTH ECONOMIC STABILITY EMPLOYMENT ENTERPRISE REFORM EXPANSION FACTORING FINANCIAL LEASING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEM FIRMS FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN TRADE FREIGHT GROSS PROFIT HIGHWAYS IMPORTED INPUTS INDUSTRIAL ENTERPRISES INFLATION INSPECTION INSURANCE INTERNATIONAL COMMUNITY INVESTMENT ACTIVITY INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT DECISIONS INVESTMENT GROWTH INVESTMENT PROGRAM LABOR FORCE LABOR PRODUCTIVITY LEGAL FRAMEWORK LEGAL SYSTEMS LEGISLATION LOCAL FIRMS LOCAL MARKET MANUFACTURERS MEDIUM ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR NEIGHBORING COUNTRIES NEW ENTRANTS NONBANK FINANCIAL INSTITUTIONS NONGOVERNMENTAL ORGANIZATIONS OPEN ECONOMIES PATRONAGE POLICE POLICY BARRIERS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRIVATE COMMERCIAL BANKS PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR ACTIVITY PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRIVATE SECTOR PLAYERS PRIVATE TRANSPORT PRIVATIZATION PRIVATIZATION POLICY PRODUCTIVITY PROPERTY RIGHTS PROVISION OF INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC POLICY PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIPS RAILROADS RATING AGENCIES REDUCING UNCERTAINTY REGULATORY FRAMEWORK REGULATORY ISSUES REMOVING BARRIERS RING ROAD RISKY INVESTMENT ROAD ROAD NETWORK ROADS SAVINGS SME STATEMENT SUB-SAHARAN AFRICA TARIFF STRUCTURE TARIFF STRUCTURES TAX TAX ADMINISTRATION TAX BASE TAX INCENTIVES TAX POLICY TAX RATES TAX REFORM TRADE AGREEMENTS TRADE CREDIT TRADE FACILITATION TRADE FACILITATION SERVICES TRADE POLICY TRADE REFORM TRADERS TRANSACTIONS COSTS TRANSPORT TRANSPORT AGREEMENTS TRANSPORT COMPANIES TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICE TRAVEL TIMES VEHICLE WORLD TRADE In a post-conflict environment, attracting new foreign and domestic firms is central to private sector development. Existing firms at the end of sustained conflict are typically state-owned, are highly undercapitalized, have weak or nonexistent management, have a deskilled and underemployed labor force, and are in need of significant new capital investment. As is the case in any business environment, particularly in post-conflict countries, new investment decisions (into existing or new firms) usually depend on the availability of five basic factors: political and economic stability and security, clear unambiguous regulations, reasonable tax rates that are equitably enforced, access to finance and infrastructure, and an appropriately skilled workforce. In Afghanistan, these conditions are lacking. This report has been prepared to assist the government of Afghanistan to address its private sector development challenges. It acknowledges the achievements that have been accomplished since the fall of the Taliban regime, and it highlights both the investments that have taken place and the opportunities that remain to be captured. More important, it reviews the constraints that firms currently operating in Afghanistan face and makes policy recommendations on how these constraints can be addressed. In addition to a survey of 338 firms, the study makes reference to the numerous studies on the private sector that have been conducted recently. 2012-06-19T20:28:17Z 2012-06-19T20:28:17Z 2005-12 http://documents.worldbank.org/curated/en/2005/12/6676155/investment-climate-afghanistan-exploiting-opportunities-uncertain-environment http://hdl.handle.net/10986/8484 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 South Asia Asia South Asia Afghanistan |