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...

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Bibliographic Details
Main Author: World Bank
Format: Investment Climate Assessment (ICA)
Language:English
en_US
Published: Washington, DC 2012
Subjects:
CPI
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