Mackinnon, Gregor2012-06-262012-06-262003https://hdl.handle.net/10986/9155A series of surveys of private sector views on the business climate conducted by the Commonwealth Business Council (CBC) found that predictability and simplicity of regulation is a priority for investors. Foreign investors especially would rather see a good business environment than elaborate incentives. The report recommends pro-active strategies that engage the government and those actors actually taking investment decisions, and that include concrete recommendations and implementation procedures. This approach can make a real difference in investors� perception and consequently on FDI flows.CC BY 3.0 IGOWorld Development Report 2005World Bank10.1596/9155