Publication: High-Level Structures Supporting the Institutional Framework for Foreign Direct Investment Promotion
Date
2022
ISSN
Published
2022
Author(s)
Reichel, Marc
Whyte, Robert
Heilbron, Armando
Abstract
This note describes the options
available to governments for establishing high-level
institutional structures that can be used to improve the
performance of their institutional framework for foreign
investment promotion. The note discusses the context in
which each of the options presented may be the best response
to a specific problem or need. The note analyses the
features, conditions, and strengths of five high-level
institutional structures that can help improve the
performance of the institutional framework for investment
promotion: Investor Roundtables, Investment Councils,
Ministerial Committees, IPA Boards, and Expert Commissions.
The note summarizes the ability of each institution type to
improve institutional coordination, enhance performance,
provide insight, and deliver in-depth knowledge, and it
describes the features of each. The note concludes that
high-level institutional structures can address the
underperformance of the institutional framework for foreign
investment promotion when the cause has been duly
identified, the strengths of the selected high-level
structure match the cause of the problem, the setup follows
international good practice, and the selection is based on
consultations with private sector and effective
interdepartmental coordination. Finally, the note
acknowledges that the research on high-level structures is
at an early stage and encourages further research of the topic.
Citation
“Reichel, Marc; Whyte, Robert; Heilbron, Armando. 2022. High-Level Structures Supporting the Institutional Framework for Foreign Direct Investment Promotion. Equitable Growth, Finance & Institutions Insight;. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/38118?locale-attribute=en License: CC BY 3.0 IGO.”