El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations
This report identifies constraints to Salvadoran manufacturing firms, in the areas of governance and insecurity, physical infrastructure, access to finance and skills, quality and technology. The report uses a survey of manufacturing firms to benchmark El Salvador with respect to other countries of...
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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/2005/07/6105606/el-salvador-investment-climate-assessment-vol-2-2-detailed-findings-recommendations http://hdl.handle.net/10986/8670 |
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okr-10986-8670 |
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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 |
BANKING SYSTEM BENCHMARKS BORDER CROSSINGS BRIBERY BUSINESS ASSOCIATION BUSINESS ENVIRONMENT BUSINESS OPERATIONS CAPITAL GOODS COMPETITIVENESS CONTRACT ENFORCEMENT CORRUPTION CRIME CUSTOMS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIRECT INVESTMENT DISPUTE RESOLUTION ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES ECONOMIC COOPERATION ECONOMIC GROWTH ECONOMIC TRENDS ECONOMICS RESEARCH ELECTRICITY GENERATION EMPLOYMENT EXCHANGE RATES EXPECTED RETURNS EXPENDITURES EXPORTS FIGHTING CORRUPTION FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN INVESTMENT FREE TRADE FREE TRADE AGREEMENT GDP GDP PER CAPITA GLOBAL ECONOMY GOOD GOVERNANCE GOVERNANCE INDICATORS GROSS DOMESTIC PRODUCT GROWTH RATES IMPORTS IMPROVING GOVERNANCE INEFFICIENCY INNOVATION INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT CLIMATE JUDICIAL REFORM LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS MACROECONOMIC POLICIES MARKET PRICES MARKET SHARES MINIMUM WAGES MULTILATERAL ORGANIZATIONS NATIONAL STANDARDS NEIGHBORING COUNTRIES NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PATENTS POLICY REFORMS POLITICAL ECONOMY POLITICAL STABILITY POTENTIAL INVESTORS POVERTY ALLEVIATION PRIVATE INSTITUTION PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC CONTRACTS PUBLIC POLICIES PUBLIC SECTOR QUALITY CONTROL REGULATORY FRAMEWORK SKILLED WORKERS TAX AUTHORITIES TAXATION TELECOMMUNICATIONS TELEPHONE LINES TOTAL FACTOR PRODUCTIVITY TRADE TREATIES TRANSPARENCY TRANSPORT COSTS TRANSPORT PROBLEMS YOUTH |
| spellingShingle |
BANKING SYSTEM BENCHMARKS BORDER CROSSINGS BRIBERY BUSINESS ASSOCIATION BUSINESS ENVIRONMENT BUSINESS OPERATIONS CAPITAL GOODS COMPETITIVENESS CONTRACT ENFORCEMENT CORRUPTION CRIME CUSTOMS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIRECT INVESTMENT DISPUTE RESOLUTION ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES ECONOMIC COOPERATION ECONOMIC GROWTH ECONOMIC TRENDS ECONOMICS RESEARCH ELECTRICITY GENERATION EMPLOYMENT EXCHANGE RATES EXPECTED RETURNS EXPENDITURES EXPORTS FIGHTING CORRUPTION FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN INVESTMENT FREE TRADE FREE TRADE AGREEMENT GDP GDP PER CAPITA GLOBAL ECONOMY GOOD GOVERNANCE GOVERNANCE INDICATORS GROSS DOMESTIC PRODUCT GROWTH RATES IMPORTS IMPROVING GOVERNANCE INEFFICIENCY INNOVATION INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT CLIMATE JUDICIAL REFORM LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS MACROECONOMIC POLICIES MARKET PRICES MARKET SHARES MINIMUM WAGES MULTILATERAL ORGANIZATIONS NATIONAL STANDARDS NEIGHBORING COUNTRIES NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PATENTS POLICY REFORMS POLITICAL ECONOMY POLITICAL STABILITY POTENTIAL INVESTORS POVERTY ALLEVIATION PRIVATE INSTITUTION PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC CONTRACTS PUBLIC POLICIES PUBLIC SECTOR QUALITY CONTROL REGULATORY FRAMEWORK SKILLED WORKERS TAX AUTHORITIES TAXATION TELECOMMUNICATIONS TELEPHONE LINES TOTAL FACTOR PRODUCTIVITY TRADE TREATIES TRANSPARENCY TRANSPORT COSTS TRANSPORT PROBLEMS YOUTH World Bank El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations |
| geographic_facet |
Latin America & Caribbean America Central America El Salvador |
| description |
This report identifies constraints to Salvadoran manufacturing firms, in the areas of governance and insecurity, physical infrastructure, access to finance and skills, quality and technology. The report uses a survey of manufacturing firms to benchmark El Salvador with respect to other countries of the region and the world, as well as to estimate the impact of investment climate constraints on firm performance. The report presents policy recommendations based on national and international data sources, the survey analysis and other Economic and Sector Work done by the Bank. In almost all investment climate indicators El Salvador performs substantially better than Honduras, Nicaragua and, to a lesser extent, Guatemala. The main exception is in the area of technology, where Guatemalan firms appear to be ahead of their Salvadoran counterparts. Despite these regional advantages, in global terms El Salvador faces important challenges associated with the need to enhance skills, and modernize the production technologies used by local manufacturers, increase the use of information and communication technologies, reduce the relatively high levels of insecurity, improve contract enforcement mechanisms, and decrease transportation and other logistic costs. Statistical analysis indicates that improvements in all four areas of the investment climate - governance and insecurity, infrastructure, finance and technology - have the potential to generate significant increases in firm productivity and exports. Even though the report includes a large number of detailed policy recommendations to improve the country's investment climate, two sets of policy measures deserve special attention: development and implementation of an Information and Communication Technology (ICT) strategy; and, creation of a high level entity responsible for the formulation, coordination, and evaluation of the country's policies to promote technology adoption and innovation. |
| format |
Economic & Sector Work :: Investment Climate Assessment (ICA) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations |
| title_short |
El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations |
| title_full |
El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations |
| title_fullStr |
El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations |
| title_full_unstemmed |
El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations |
| title_sort |
el salvador : investment climate assessment, volume 2, detailed findings and recommendations |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/07/6105606/el-salvador-investment-climate-assessment-vol-2-2-detailed-findings-recommendations http://hdl.handle.net/10986/8670 |
| _version_ |
1764405181929226240 |
| spelling |
okr-10986-86702021-04-23T14:02:39Z El Salvador : Investment Climate Assessment, Volume 2, Detailed Findings and Recommendations World Bank BANKING SYSTEM BENCHMARKS BORDER CROSSINGS BRIBERY BUSINESS ASSOCIATION BUSINESS ENVIRONMENT BUSINESS OPERATIONS CAPITAL GOODS COMPETITIVENESS CONTRACT ENFORCEMENT CORRUPTION CRIME CUSTOMS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIRECT INVESTMENT DISPUTE RESOLUTION ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES ECONOMIC COOPERATION ECONOMIC GROWTH ECONOMIC TRENDS ECONOMICS RESEARCH ELECTRICITY GENERATION EMPLOYMENT EXCHANGE RATES EXPECTED RETURNS EXPENDITURES EXPORTS FIGHTING CORRUPTION FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN INVESTMENT FREE TRADE FREE TRADE AGREEMENT GDP GDP PER CAPITA GLOBAL ECONOMY GOOD GOVERNANCE GOVERNANCE INDICATORS GROSS DOMESTIC PRODUCT GROWTH RATES IMPORTS IMPROVING GOVERNANCE INEFFICIENCY INNOVATION INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT CLIMATE JUDICIAL REFORM LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS MACROECONOMIC POLICIES MARKET PRICES MARKET SHARES MINIMUM WAGES MULTILATERAL ORGANIZATIONS NATIONAL STANDARDS NEIGHBORING COUNTRIES NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PATENTS POLICY REFORMS POLITICAL ECONOMY POLITICAL STABILITY POTENTIAL INVESTORS POVERTY ALLEVIATION PRIVATE INSTITUTION PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC CONTRACTS PUBLIC POLICIES PUBLIC SECTOR QUALITY CONTROL REGULATORY FRAMEWORK SKILLED WORKERS TAX AUTHORITIES TAXATION TELECOMMUNICATIONS TELEPHONE LINES TOTAL FACTOR PRODUCTIVITY TRADE TREATIES TRANSPARENCY TRANSPORT COSTS TRANSPORT PROBLEMS YOUTH This report identifies constraints to Salvadoran manufacturing firms, in the areas of governance and insecurity, physical infrastructure, access to finance and skills, quality and technology. The report uses a survey of manufacturing firms to benchmark El Salvador with respect to other countries of the region and the world, as well as to estimate the impact of investment climate constraints on firm performance. The report presents policy recommendations based on national and international data sources, the survey analysis and other Economic and Sector Work done by the Bank. In almost all investment climate indicators El Salvador performs substantially better than Honduras, Nicaragua and, to a lesser extent, Guatemala. The main exception is in the area of technology, where Guatemalan firms appear to be ahead of their Salvadoran counterparts. Despite these regional advantages, in global terms El Salvador faces important challenges associated with the need to enhance skills, and modernize the production technologies used by local manufacturers, increase the use of information and communication technologies, reduce the relatively high levels of insecurity, improve contract enforcement mechanisms, and decrease transportation and other logistic costs. Statistical analysis indicates that improvements in all four areas of the investment climate - governance and insecurity, infrastructure, finance and technology - have the potential to generate significant increases in firm productivity and exports. Even though the report includes a large number of detailed policy recommendations to improve the country's investment climate, two sets of policy measures deserve special attention: development and implementation of an Information and Communication Technology (ICT) strategy; and, creation of a high level entity responsible for the formulation, coordination, and evaluation of the country's policies to promote technology adoption and innovation. 2012-06-21T17:40:41Z 2012-06-21T17:40:41Z 2005-07 http://documents.worldbank.org/curated/en/2005/07/6105606/el-salvador-investment-climate-assessment-vol-2-2-detailed-findings-recommendations http://hdl.handle.net/10986/8670 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 Latin America & Caribbean America Central America El Salvador |