Hornberger, KusiBattat, JosephKusek, Peter2012-08-132012-08-132011-08https://hdl.handle.net/10986/11060Business opportunities-as reflected in the size and growth potential of markets-are the most powerful drivers of foreign direct investment. But investment climate features such as strong institutions and investor friendly regulations also matter and may even boost the development impact of the investment. Moreover, many elements of the investment climate can be reformed in the short run and at comparatively low cost. Improving the investment climate therefore offers an excellent opportunity for countries seeking to attract foreign direct investment.CC BY 3.0 IGOAFFILIATED ORGANIZATIONSBUSINESS ENVIRONMENTBUSINESS OPPORTUNITIESBUSINESS REGULATIONBUSINESS REGULATIONSCOUNTRY RISKDEVELOPING COUNTRIESDEVELOPING ECONOMIESDOMESTIC MARKETECONOMIC GROWTHEMERGING ECONOMIESEMERGING MARKETSEXPORT MARKETSFDIFOREIGN COMPANIESFOREIGN DIRECT INVESTMENTFOREIGN INVESTORSGLOBAL INVESTMENTGOOD INVESTMENT CLIMATEGOVERNANCE INDICATORSGOVERNMENT SUPPORTHOME MARKETHOST ECONOMIESHOST ECONOMYHUMAN CAPITALINCOMEINCOME GROWTHINTERNATIONAL DEVELOPMENTINTERNATIONAL ECONOMICSINVESTINGINVESTMENT CLIMATEINVESTMENT DECISIONSINVESTMENT LOCATIONINVESTMENT LOCATION DECISIONSINVESTMENT OPPORTUNITIESINVESTMENT POLICYJOB CREATIONLOCAL ECONOMYLOCAL SUPPLIERSMARKET SIZEMARKETS DATABASEMULTINATIONAL COMPANIESMULTINATIONAL CORPORATIONSNATURAL RESOURCENATURAL RESOURCESPOLITICAL STABILITYPRIVATE SECTORPRIVATE SECTOR DEVELOPMENTPRODUCTION COSTSPUBLIC POLICYPUBLIC POLICY INNOVATIONSREAL ESTATERETURNRETURNSTAXTAX RATESTECHNOLOGY TRANSFERTRANSITION ECONOMIESTRANSITION ECONOMYWORLD ECONOMYWORLD INVESTMENTWORLD INVESTMENT REPORTWorld Bank10.1596/11060