El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy 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...
Main Author: | |
---|---|
Format: | Investment Climate Assessment (ICA) |
Language: | English en_US |
Published: |
Washington, DC
2012
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2005/07/6105603/el-salvador-investment-climate-assessment-vol-1-2-main-findings-policy-recommendations http://hdl.handle.net/10986/8673 |
id |
okr-10986-8673 |
---|---|
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 INFORMATION ACCOUNTABILITY ADMINISTRATIVE CORRUPTION ADMINISTRATIVE PROCEDURES AUTHORITY BANKING SYSTEM BRIBERY BUSINESS COMMUNITY BUSINESS ENVIRONMENT CAPITAL GOODS COLLECTIVE ACTION COMMUNICATION TECHNOLOGY CONTRACT ENFORCEMENT CORRUPT OFFICIALS CORRUPT PRACTICES CORRUPTION COUNTRY DATA COURT SYSTEM CPI CRIME DIRECT INVESTMENT ECONOMETRIC ESTIMATES ECONOMIC COOPERATION EMPLOYMENT EMPLOYMENT GROWTH EXPENDITURES FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GOVERNANCE INDICATORS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS IMPORTS IMPROVING GOVERNANCE INCOME INCOME COUNTRIES INNOVATION INSOLVENCY INSOLVENCY PROCEDURES INSTITUTIONAL REFORMS INSTITUTIONAL WEAKNESSES INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVESTMENT CAPITAL INVESTMENT CLIMATE JUDICIAL INDEPENDENCE JUDICIAL REFORM JUDICIARY LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LEGAL FRAMEWORK LEGAL SYSTEM LEGISLATION MACROECONOMIC POLICIES MANAGERS MEASUREMENT ERROR METALS NATIONAL STANDARDS NATIONS NEGOTIATING POSITION NEIGHBORING COUNTRIES ORGANIZED CRIME POLITICAL SYSTEM POOR GOVERNANCE POTENTIAL INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC AGENCIES PUBLIC CONTRACTS PUBLIC INSTITUTIONS PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING RAPE REGIONAL DIFFERENCES SKILLED WORKERS STATISTICAL ANALYSIS TAX AUTHORITIES TAX COLLECTION TECHNOLOGY ADOPTION TELEPHONE LINES TRANSPARENCY TRANSPORT COSTS TRANSPORT PROBLEMS VICTIMS VIOLENCE WAGES |
spellingShingle |
ACCESS TO INFORMATION ACCOUNTABILITY ADMINISTRATIVE CORRUPTION ADMINISTRATIVE PROCEDURES AUTHORITY BANKING SYSTEM BRIBERY BUSINESS COMMUNITY BUSINESS ENVIRONMENT CAPITAL GOODS COLLECTIVE ACTION COMMUNICATION TECHNOLOGY CONTRACT ENFORCEMENT CORRUPT OFFICIALS CORRUPT PRACTICES CORRUPTION COUNTRY DATA COURT SYSTEM CPI CRIME DIRECT INVESTMENT ECONOMETRIC ESTIMATES ECONOMIC COOPERATION EMPLOYMENT EMPLOYMENT GROWTH EXPENDITURES FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GOVERNANCE INDICATORS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS IMPORTS IMPROVING GOVERNANCE INCOME INCOME COUNTRIES INNOVATION INSOLVENCY INSOLVENCY PROCEDURES INSTITUTIONAL REFORMS INSTITUTIONAL WEAKNESSES INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVESTMENT CAPITAL INVESTMENT CLIMATE JUDICIAL INDEPENDENCE JUDICIAL REFORM JUDICIARY LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LEGAL FRAMEWORK LEGAL SYSTEM LEGISLATION MACROECONOMIC POLICIES MANAGERS MEASUREMENT ERROR METALS NATIONAL STANDARDS NATIONS NEGOTIATING POSITION NEIGHBORING COUNTRIES ORGANIZED CRIME POLITICAL SYSTEM POOR GOVERNANCE POTENTIAL INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC AGENCIES PUBLIC CONTRACTS PUBLIC INSTITUTIONS PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING RAPE REGIONAL DIFFERENCES SKILLED WORKERS STATISTICAL ANALYSIS TAX AUTHORITIES TAX COLLECTION TECHNOLOGY ADOPTION TELEPHONE LINES TRANSPARENCY TRANSPORT COSTS TRANSPORT PROBLEMS VICTIMS VIOLENCE WAGES World Bank El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy 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 1, Main Findings and Policy Recommendations |
title_short |
El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy Recommendations |
title_full |
El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy Recommendations |
title_fullStr |
El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy Recommendations |
title_full_unstemmed |
El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy Recommendations |
title_sort |
el salvador : investment climate assessment, volume 1, main findings and policy recommendations |
publisher |
Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2005/07/6105603/el-salvador-investment-climate-assessment-vol-1-2-main-findings-policy-recommendations http://hdl.handle.net/10986/8673 |
_version_ |
1764405185870823424 |
spelling |
okr-10986-86732021-04-23T14:02:39Z El Salvador : Investment Climate Assessment, Volume 1, Main Findings and Policy Recommendations World Bank ACCESS TO INFORMATION ACCOUNTABILITY ADMINISTRATIVE CORRUPTION ADMINISTRATIVE PROCEDURES AUTHORITY BANKING SYSTEM BRIBERY BUSINESS COMMUNITY BUSINESS ENVIRONMENT CAPITAL GOODS COLLECTIVE ACTION COMMUNICATION TECHNOLOGY CONTRACT ENFORCEMENT CORRUPT OFFICIALS CORRUPT PRACTICES CORRUPTION COUNTRY DATA COURT SYSTEM CPI CRIME DIRECT INVESTMENT ECONOMETRIC ESTIMATES ECONOMIC COOPERATION EMPLOYMENT EMPLOYMENT GROWTH EXPENDITURES FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GOVERNANCE INDICATORS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS IMPORTS IMPROVING GOVERNANCE INCOME INCOME COUNTRIES INNOVATION INSOLVENCY INSOLVENCY PROCEDURES INSTITUTIONAL REFORMS INSTITUTIONAL WEAKNESSES INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVESTMENT CAPITAL INVESTMENT CLIMATE JUDICIAL INDEPENDENCE JUDICIAL REFORM JUDICIARY LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LEGAL FRAMEWORK LEGAL SYSTEM LEGISLATION MACROECONOMIC POLICIES MANAGERS MEASUREMENT ERROR METALS NATIONAL STANDARDS NATIONS NEGOTIATING POSITION NEIGHBORING COUNTRIES ORGANIZED CRIME POLITICAL SYSTEM POOR GOVERNANCE POTENTIAL INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC AGENCIES PUBLIC CONTRACTS PUBLIC INSTITUTIONS PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING RAPE REGIONAL DIFFERENCES SKILLED WORKERS STATISTICAL ANALYSIS TAX AUTHORITIES TAX COLLECTION TECHNOLOGY ADOPTION TELEPHONE LINES TRANSPARENCY TRANSPORT COSTS TRANSPORT PROBLEMS VICTIMS VIOLENCE WAGES 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. 2012-06-21T17:50:47Z 2012-06-21T17:50:47Z 2005-07 http://documents.worldbank.org/curated/en/2005/07/6105603/el-salvador-investment-climate-assessment-vol-1-2-main-findings-policy-recommendations http://hdl.handle.net/10986/8673 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 |