Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat

In September 2007, the Government of Bangladesh (GoB) requested that the Board of Investment draft an economic zones policy (EZ Policy). The policy was to cover the entire zone regime of Bangladesh, including export processing zones, industrial est...

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Main Author: Norman, Martin
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/07/9773545/support-emergence-home-grown-policies-putting-local-partners-drafting-seat
http://hdl.handle.net/10986/10600
id okr-10986-10600
recordtype oai_dc
spelling okr-10986-106002021-04-23T14:02:51Z Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat Norman, Martin ADVOCACY BEST PRACTICES BRAINSTORMING CHAMBERS OF COMMERCE CIVIL SOCIETY COLLECTIVE COMPANY COMPLEXITY DECISION-MAKERS DISCUSSION DISCUSSIONS ENVIRONMENTAL STANDARDS ESTATES FOCUS GROUP FOCUS GROUPS GROUP OF STAKEHOLDERS IDEA IDEAS INCORPORATED INDIVIDUALS INVESTMENT CLIMATE JOURNALISTS LARGE COMPANIES LEADING LOCAL COMPANY LOCAL KNOWLEDGE MARKETING MEDIA MEDIA RELATIONS MINISTER PRACTITIONERS SPONSOR STAKEHOLDER STAKEHOLDER CONSULTATION STAKEHOLDERS VISION WISDOM In September 2007, the Government of Bangladesh (GoB) requested that the Board of Investment draft an economic zones policy (EZ Policy). The policy was to cover the entire zone regime of Bangladesh, including export processing zones, industrial estates, and special economic zones, both public and private. Export processing zones had long been a key tool in Bangladesh for creating jobs and increasing exports. In addition, there were 67 industrial estates - at least one in each of Bangladesh's 64 districts - which catered primarily to the domestic market. Both the eight export processing zones and the industrial estates had mixed success. When the GoB commissioned the EZ Policy, the IFC Bangladesh Investment Climate Fund (BICF) agreed to fund the drafting of the policy. In doing this, IFC BICF could have contracted an international consulting company with world-wide expertise in drafting EZ Policies in multiple countries to draft the ideal policy that would have incorporated the best international practices available, avoided common pitfalls in developing economic zones, and relied on the traditional wisdom of the best practitioners. 2012-08-13T12:16:08Z 2012-08-13T12:16:08Z 2008-07 http://documents.worldbank.org/curated/en/2008/07/9773545/support-emergence-home-grown-policies-putting-local-partners-drafting-seat http://hdl.handle.net/10986/10600 English IFC Smart Lessons Brief CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research South Asia Bangladesh
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVOCACY
BEST PRACTICES
BRAINSTORMING
CHAMBERS OF COMMERCE
CIVIL SOCIETY
COLLECTIVE
COMPANY
COMPLEXITY
DECISION-MAKERS
DISCUSSION
DISCUSSIONS
ENVIRONMENTAL STANDARDS
ESTATES
FOCUS GROUP
FOCUS GROUPS
GROUP OF STAKEHOLDERS
IDEA
IDEAS
INCORPORATED
INDIVIDUALS
INVESTMENT CLIMATE
JOURNALISTS
LARGE COMPANIES
LEADING
LOCAL COMPANY
LOCAL KNOWLEDGE
MARKETING
MEDIA
MEDIA RELATIONS
MINISTER
PRACTITIONERS
SPONSOR
STAKEHOLDER
STAKEHOLDER CONSULTATION
STAKEHOLDERS
VISION
WISDOM
spellingShingle ADVOCACY
BEST PRACTICES
BRAINSTORMING
CHAMBERS OF COMMERCE
CIVIL SOCIETY
COLLECTIVE
COMPANY
COMPLEXITY
DECISION-MAKERS
DISCUSSION
DISCUSSIONS
ENVIRONMENTAL STANDARDS
ESTATES
FOCUS GROUP
FOCUS GROUPS
GROUP OF STAKEHOLDERS
IDEA
IDEAS
INCORPORATED
INDIVIDUALS
INVESTMENT CLIMATE
JOURNALISTS
LARGE COMPANIES
LEADING
LOCAL COMPANY
LOCAL KNOWLEDGE
MARKETING
MEDIA
MEDIA RELATIONS
MINISTER
PRACTITIONERS
SPONSOR
STAKEHOLDER
STAKEHOLDER CONSULTATION
STAKEHOLDERS
VISION
WISDOM
Norman, Martin
Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat
geographic_facet South Asia
Bangladesh
relation IFC Smart Lessons Brief
description In September 2007, the Government of Bangladesh (GoB) requested that the Board of Investment draft an economic zones policy (EZ Policy). The policy was to cover the entire zone regime of Bangladesh, including export processing zones, industrial estates, and special economic zones, both public and private. Export processing zones had long been a key tool in Bangladesh for creating jobs and increasing exports. In addition, there were 67 industrial estates - at least one in each of Bangladesh's 64 districts - which catered primarily to the domestic market. Both the eight export processing zones and the industrial estates had mixed success. When the GoB commissioned the EZ Policy, the IFC Bangladesh Investment Climate Fund (BICF) agreed to fund the drafting of the policy. In doing this, IFC BICF could have contracted an international consulting company with world-wide expertise in drafting EZ Policies in multiple countries to draft the ideal policy that would have incorporated the best international practices available, avoided common pitfalls in developing economic zones, and relied on the traditional wisdom of the best practitioners.
format Publications & Research :: Brief
author Norman, Martin
author_facet Norman, Martin
author_sort Norman, Martin
title Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat
title_short Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat
title_full Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat
title_fullStr Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat
title_full_unstemmed Support Emergence of Home-Grown Policies by Putting Local Partners in the Drafting Seat
title_sort support emergence of home-grown policies by putting local partners in the drafting seat
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/07/9773545/support-emergence-home-grown-policies-putting-local-partners-drafting-seat
http://hdl.handle.net/10986/10600
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