Publication:
Evaluation of the World Bank Group's Investment Climate Programs: Focus on Impact and Sustainability

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dc.contributor.authorEconomisti Associati
dc.date.accessioned2015-05-21T16:20:02Z
dc.date.available2015-05-21T16:20:02Z
dc.date.issued2014-11-30
dc.description.abstractThis impact evaluation reviews the investment climate (IC) reform programs implemented by the World Bank Group (WBG) in Burkina Faso, Liberia, Rwanda, Sierra Leone, and South Sudan. It follows a study carried out in 2011 across the same countries. The purpose of the evaluation is to update, expand, and deepen the initial analysis within the framework of the earlier study, in order to gain a better understanding of the impact and sustainability of the IC reform activities implemented by the WBG. The evaluation covers a total of 25 IC-related projects implemented by the WBG in the five countries since the mid-2000s. The evaluation consists of three main elements, namely: a review of the outcomes achieved by the IC programs; an analysis of how IC reforms translate into impacts that is into tangible benefits for private firms and for the economy as a whole; and an assessment of the sustainability of IC reforms. The result is a significant improvement in the overall quality of the business environment in the five countries. This report is structured as follows: section one gives introduction. Section two provides an overview of the context in which the WBG programs were implemented, with a short presentation of the salient features of the five countries; section three briefly reviews the activities undertaken by each WBG program; section four analyzes the outcomes of the IC reform programs, with a review of the reforms supported, of the influence of these reforms on the business environment, and of the private sectors perceptions of IC reforms; section five reviews in detail the impact of IC reform programs, providing estimates of both direct impacts (cost savings) and indirect impacts (changes in enterprise formation and formalization, investment, and employment); section six analyzes the sustainability of IC reforms, with respect to both current and prospective sustainability and with an analysis of the main factors influencing sustainability; and finally, section seven summarizes the key findings of the evaluation.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/11/24397624/evaluation-world-bank-groups-investment-climate-programs-focus-impact-sustainability
dc.identifier.doi10.1596/21963
dc.identifier.urihttps://hdl.handle.net/10986/21963
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectINVESTMENT CLIMATE
dc.subjectIMPACT
dc.subjectSUSTAINABILITY
dc.subjectDOING BUSINESS
dc.subjectBURKINA FASO
dc.subjectLIBERIA
dc.subjectSIERRA LEONE
dc.subjectRWANDA
dc.subjectSOUTH SUDAN
dc.subjectBUSINESS REGISTRATION
dc.subjectCONSTRUCTION PERMITS
dc.subjectTRADE LOGISTICS
dc.subjectINVESTMENT PROMOTION
dc.subjectBUSINESS TAXATION
dc.subjectPUBLIC-PRIVATE DIALOGUE
dc.subjectLEGAL FRAMEWORK
dc.subjectBUSINESS REGULATION
dc.subjectSPECIAL ECONOMIC ZONES ACCOUNTING
dc.subjectACTION PLAN
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectARBITRATION
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY LAW
dc.subjectBARRIERS TO INVESTMENT
dc.subjectBENEFICIARIES
dc.subjectBRANCH OFFICES
dc.subjectBUDGET ALLOCATIONS
dc.subjectBUSINESS ACTIVITIES
dc.subjectBUSINESS ENTRY
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS INDICATORS
dc.subjectBUSINESS OPERATIONS
dc.subjectBUSINESS REGISTRATION
dc.subjectBUSINESS REGISTRATIONS
dc.subjectBUSINESS REGULATION
dc.subjectBUSINESS REGULATIONS
dc.subjectBUSINESS SECTOR
dc.subjectCAPABILITIES
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL FORMATION
dc.subjectCASH FLOW
dc.subjectCHAMBERS OF COMMERCE
dc.subjectCIVIL LAW
dc.subjectCIVIL WAR
dc.subjectCIVIL WARS
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REGISTRATION
dc.subjectCOMMERCIAL LAW
dc.subjectCOMMODITIES
dc.subjectCOMMON LAW
dc.subjectCOMPETITIVENESS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCOST SAVINGS
dc.subjectCOSTS SAVINGS
dc.subjectCREDIT INFORMATION
dc.subjectCUSTOM
dc.subjectCUSTOMS
dc.subjectDATA LIMITATIONS
dc.subjectDEBT
dc.subjectDEBT FORGIVENESS
dc.subjectDEBTS
dc.subjectDECENTRALIZATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISPUTE RESOLUTION
dc.subjectDIVIDENDS
dc.subjectDOCUMENTATION REQUIREMENTS
dc.subjectE-GOVERNMENT
dc.subjectE-MAIL
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC EFFECTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectELECTRICITY
dc.subjectENTERPRISE DEVELOPMENT
dc.subjectENTERPRISE SURVEYS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFUNCTIONALITY
dc.subjectFUND INVESTMENT
dc.subjectFUTURE PROSPECTS
dc.subjectGLOBAL DEBT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROWTH RATES
dc.subjectHARMONIZATION
dc.subjectHOLDING
dc.subjectHUMAN RESOURCES
dc.subjectIMAGE
dc.subjectIMPACT ASSESSMENT
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINCOMES
dc.subjectINFORMAL ECONOMY
dc.subjectINFORMATION SHARING
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINSOLVENCY PROCEEDINGS
dc.subjectINSPECTION
dc.subjectINSPECTIONS
dc.subjectINSTITUTION
dc.subjectINSTITUTION BUILDING
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINSTITUTIONAL SUPPORT
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERPOLATION
dc.subjectINVESTMENT ACTIVITIES
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT CLIMATE REFORM
dc.subjectINVESTMENT CLIMATE REFORMS
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT PROMOTION
dc.subjectINVESTOR PROTECTION
dc.subjectISSUANCE
dc.subjectJOB CREATION
dc.subjectJUDICIAL SYSTEM
dc.subjectLABOR MARKET
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL INFRASTRUCTURE
dc.subjectLEGAL REFORM
dc.subjectLEGAL REFORMS
dc.subjectLEGISLATIVE REFORM
dc.subjectLICENSES
dc.subjectMARKET ECONOMY
dc.subjectMARKET REGULATIONS
dc.subjectMATERIAL
dc.subjectMATURITY
dc.subjectMEDIUM ENTERPRISES
dc.subjectMISSING DATA
dc.subjectMONETARY FUND
dc.subjectNATIONAL INCOME
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNOTARIZATION REQUIREMENTS
dc.subjectOIL
dc.subjectONLINE REGISTRATION
dc.subjectOPERATING ENVIRONMENT
dc.subjectPHONE
dc.subjectPOLICY MAKERS
dc.subjectPOLITICAL UPHEAVAL
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE PARTNERSHIP
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR COUNTERPARTS
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATE SECTOR GROWTH
dc.subjectPRIVATE SECTOR INVESTMENT
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVE INVESTMENT
dc.subjectPROFITABILITY
dc.subjectREAL ESTATE
dc.subjectREAL ESTATE INVESTMENT
dc.subjectRED TAPE
dc.subjectREFORM PROGRAMS
dc.subjectREGIONAL INTEGRATION
dc.subjectREGISTRATION FEES
dc.subjectREGISTRATION PROCEDURES
dc.subjectREGISTRIES
dc.subjectREGISTRY
dc.subjectREGISTRY OF PLEDGES
dc.subjectREGULATORY CONSTRAINTS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY REFORM
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETURNS
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEMS
dc.subjectSAVINGS
dc.subjectSETTLEMENT
dc.subjectSMALL BUSINESSES
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSUPERVISION
dc.subjectSUSTAINABLE REFORM
dc.subjectTAX
dc.subjectTAX INCENTIVES
dc.subjectTAX PAYMENT
dc.subjectTAX POLICY
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REFORMS
dc.subjectTAX REGIMES
dc.subjectTAX SYSTEM
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTIMBER
dc.subjectTIME FRAME
dc.subjectTRADE UNIONS
dc.subjectTRANSACTION
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectTURNOVER
dc.subjectVALUATION
dc.subjectWITHDRAWAL
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titleEvaluation of the World Bank Group's Investment Climate Programsen
dc.title.subtitleFocus on Impact and Sustainabilityen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2015-04-20
okr.date.doiregistration2025-05-05T12:35:43.050766Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2014/11/24397624/evaluation-world-bank-groups-investment-climate-programs-focus-impact-sustainability
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.guid769361468181761921
okr.identifier.externaldocumentum090224b082eadb01_2_0
okr.identifier.internaldocumentum24397624
okr.identifier.report95823
okr.language.supporteden
okr.pdfurl/IB/2015/04/27/090224b082df9455/1_0/additional/071652160_201504127111419.pdfen
okr.region.administrativeAfrica
okr.region.countryBurkina Faso
okr.region.countryLiberia
okr.region.countryRwanda
okr.region.countrySierra Leone
okr.region.countrySouth Sudan
okr.topicGovernance::International Governmental Organizations
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicFinance and Financial Sector Development::Finance and Development
okr.unitTC GP-Sub-Saharan Africa-IFC (GTCAF)
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