The series captures the experience, innovative approaches and solutions for development of the World Bank Group covering financial sector topics of relevance to both the public and private sectors. The series is comprised of short knowledge notes, policy notes, case studies, lessons learned or a combination therein. This series was formerly known as Finance in Focus.
Strengthening Service Delivery of Investment Promotion Agencies: The Comprehensive Investor Services Framework
2020-03, Heilbron, Armando, Aranda-Larrey, Yago
Research shows that investment promotion
agencies (IPAs) may be the best public institutions to meet
government objectives for attracting, establishing,
retaining, expanding, and linking productive private
investment. As part of this, IPAs need to provide relevant,
high-quality services to investors at different stages of
the investment life cycle. Informed by its research and
experience in global operations, the World Bank Group
introduces the Comprehensive Investor Services Framework
(CISF), a catalog of specific services to meet investor
needs. IPAs can use this investor-centric framework to
design service offerings in line with their strategic focus
and promotion capacity.
Institutions for Investment: Establishing a High-Performing Institutional Framework for Foreign Direct Investment
2019-12-31, Heilbron, Armando, Whyte, Robert
A well-functioning institutional
framework can result in higher levels of foreign direct
investment. It requires several factors such as a shared
strategic vision, solid institutions capable of delivering
on their specific mandates and collaborating beyond their
walls, and a strong political and financial support for all.
The note describes key government functions for investment,
suggests a process and principles for creating optimal
institutional structures to deliver them, and provides
examples. In particular, it examines the role of investment
promotion agencies (IPAs) the agency usually tasked with
operationalizing government FDI goals as well as the
dilemmas that governments face in the context of
institutional specialization versus function consolidation.