Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability
This 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....
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2014/11/24397624/evaluation-world-bank-groups-investment-climate-programs-focus-impact-sustainability http://hdl.handle.net/10986/21963 |
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okr-10986-21963 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
INVESTMENT CLIMATE IMPACT SUSTAINABILITY DOING BUSINESS BURKINA FASO LIBERIA SIERRA LEONE RWANDA SOUTH SUDAN BUSINESS REGISTRATION CONSTRUCTION PERMITS TRADE LOGISTICS INVESTMENT PROMOTION BUSINESS TAXATION PUBLIC-PRIVATE DIALOGUE LEGAL FRAMEWORK BUSINESS REGULATION SPECIAL ECONOMIC ZONES ACCOUNTING ACTION PLAN ADMINISTRATIVE PROCEDURES ARBITRATION BANKRUPTCY BANKRUPTCY LAW BARRIERS TO INVESTMENT BENEFICIARIES BRANCH OFFICES BUDGET ALLOCATIONS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESS REGULATIONS BUSINESS SECTOR CAPABILITIES CAPACITY BUILDING CAPITAL FORMATION CASH FLOW CHAMBERS OF COMMERCE CIVIL LAW CIVIL WAR CIVIL WARS COLLATERAL COLLATERAL REGISTRATION COMMERCIAL LAW COMMODITIES COMMON LAW COMPETITIVENESS CONTRACT ENFORCEMENT COST SAVINGS COSTS SAVINGS CREDIT INFORMATION CUSTOM CUSTOMS DATA LIMITATIONS DEBT DEBT FORGIVENESS DEBTS DECENTRALIZATION DEVELOPING COUNTRIES DEVELOPMENT BANK DISPUTE RESOLUTION DIVIDENDS DOCUMENTATION REQUIREMENTS E-GOVERNMENT ECONOMIC ACTIVITY ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMIC PERFORMANCE ELECTRICITY ENTERPRISE DEVELOPMENT ENTERPRISE SURVEYS EXPENDITURE EXPENDITURES FINANCE CORPORATION FINANCIAL INSTITUTIONS FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FOREIGN INVESTORS FUNCTIONALITY FUND INVESTMENT FUTURE PROSPECTS GLOBAL DEBT GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROWTH RATES HARMONIZATION HOLDING HUMAN RESOURCES IMAGE IMPACT ASSESSMENT INCOME INCOME LEVELS INCOMES INFORMAL ECONOMY INFORMATION SHARING INFORMATION TECHNOLOGY INSOLVENCY PROCEEDINGS INSPECTION INSPECTIONS INSTITUTION INSTITUTION BUILDING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSTITUTIONAL SUPPORT INTELLECTUAL PROPERTY INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERPOLATION INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT CLIMATE REFORM INVESTMENT CLIMATE REFORMS INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTOR PROTECTION ISSUANCE JOB CREATION JUDICIAL SYSTEM LABOR MARKET LEGAL FRAMEWORK LEGAL INFRASTRUCTURE LEGAL REFORM LEGAL REFORMS LEGISLATIVE REFORM LICENSES MARKET ECONOMY MARKET REGULATIONS MATERIAL MATURITY MEDIUM ENTERPRISES MISSING DATA MONETARY FUND NATIONAL INCOME NATURAL RESOURCE NATURAL RESOURCES NOTARIZATION REQUIREMENTS OIL ONLINE REGISTRATION OPERATING ENVIRONMENT PHONE POLICY MAKERS POLITICAL UPHEAVAL PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR COUNTERPARTS PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATE SECTOR INVESTMENT PRIVATIZATION PRODUCTIVE INVESTMENT PROFITABILITY REAL ESTATE REAL ESTATE INVESTMENT RED TAPE REFORM PROGRAMS REGIONAL INTEGRATION REGISTRATION FEES REGISTRATION PROCEDURES REGISTRIES REGISTRY REGISTRY OF PLEDGES REGULATORY CONSTRAINTS REGULATORY FRAMEWORK REGULATORY REFORM RESULT RESULTS RETURNS RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SETTLEMENT SMALL BUSINESSES STRUCTURAL ADJUSTMENT SUPERVISION SUSTAINABLE REFORM TAX TAX INCENTIVES TAX PAYMENT TAX POLICY TAX RATES TAX REFORM TAX REFORMS TAX REGIMES TAX SYSTEM TECHNICAL ASSISTANCE TIMBER TIME FRAME TRADE UNIONS TRANSACTION TRUST FUND TRUST FUNDS TURNOVER VALUATION WITHDRAWAL WORLD DEVELOPMENT INDICATORS |
| spellingShingle |
INVESTMENT CLIMATE IMPACT SUSTAINABILITY DOING BUSINESS BURKINA FASO LIBERIA SIERRA LEONE RWANDA SOUTH SUDAN BUSINESS REGISTRATION CONSTRUCTION PERMITS TRADE LOGISTICS INVESTMENT PROMOTION BUSINESS TAXATION PUBLIC-PRIVATE DIALOGUE LEGAL FRAMEWORK BUSINESS REGULATION SPECIAL ECONOMIC ZONES ACCOUNTING ACTION PLAN ADMINISTRATIVE PROCEDURES ARBITRATION BANKRUPTCY BANKRUPTCY LAW BARRIERS TO INVESTMENT BENEFICIARIES BRANCH OFFICES BUDGET ALLOCATIONS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESS REGULATIONS BUSINESS SECTOR CAPABILITIES CAPACITY BUILDING CAPITAL FORMATION CASH FLOW CHAMBERS OF COMMERCE CIVIL LAW CIVIL WAR CIVIL WARS COLLATERAL COLLATERAL REGISTRATION COMMERCIAL LAW COMMODITIES COMMON LAW COMPETITIVENESS CONTRACT ENFORCEMENT COST SAVINGS COSTS SAVINGS CREDIT INFORMATION CUSTOM CUSTOMS DATA LIMITATIONS DEBT DEBT FORGIVENESS DEBTS DECENTRALIZATION DEVELOPING COUNTRIES DEVELOPMENT BANK DISPUTE RESOLUTION DIVIDENDS DOCUMENTATION REQUIREMENTS E-GOVERNMENT ECONOMIC ACTIVITY ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMIC PERFORMANCE ELECTRICITY ENTERPRISE DEVELOPMENT ENTERPRISE SURVEYS EXPENDITURE EXPENDITURES FINANCE CORPORATION FINANCIAL INSTITUTIONS FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FOREIGN INVESTORS FUNCTIONALITY FUND INVESTMENT FUTURE PROSPECTS GLOBAL DEBT GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROWTH RATES HARMONIZATION HOLDING HUMAN RESOURCES IMAGE IMPACT ASSESSMENT INCOME INCOME LEVELS INCOMES INFORMAL ECONOMY INFORMATION SHARING INFORMATION TECHNOLOGY INSOLVENCY PROCEEDINGS INSPECTION INSPECTIONS INSTITUTION INSTITUTION BUILDING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSTITUTIONAL SUPPORT INTELLECTUAL PROPERTY INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERPOLATION INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT CLIMATE REFORM INVESTMENT CLIMATE REFORMS INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTOR PROTECTION ISSUANCE JOB CREATION JUDICIAL SYSTEM LABOR MARKET LEGAL FRAMEWORK LEGAL INFRASTRUCTURE LEGAL REFORM LEGAL REFORMS LEGISLATIVE REFORM LICENSES MARKET ECONOMY MARKET REGULATIONS MATERIAL MATURITY MEDIUM ENTERPRISES MISSING DATA MONETARY FUND NATIONAL INCOME NATURAL RESOURCE NATURAL RESOURCES NOTARIZATION REQUIREMENTS OIL ONLINE REGISTRATION OPERATING ENVIRONMENT PHONE POLICY MAKERS POLITICAL UPHEAVAL PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR COUNTERPARTS PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATE SECTOR INVESTMENT PRIVATIZATION PRODUCTIVE INVESTMENT PROFITABILITY REAL ESTATE REAL ESTATE INVESTMENT RED TAPE REFORM PROGRAMS REGIONAL INTEGRATION REGISTRATION FEES REGISTRATION PROCEDURES REGISTRIES REGISTRY REGISTRY OF PLEDGES REGULATORY CONSTRAINTS REGULATORY FRAMEWORK REGULATORY REFORM RESULT RESULTS RETURNS RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SETTLEMENT SMALL BUSINESSES STRUCTURAL ADJUSTMENT SUPERVISION SUSTAINABLE REFORM TAX TAX INCENTIVES TAX PAYMENT TAX POLICY TAX RATES TAX REFORM TAX REFORMS TAX REGIMES TAX SYSTEM TECHNICAL ASSISTANCE TIMBER TIME FRAME TRADE UNIONS TRANSACTION TRUST FUND TRUST FUNDS TURNOVER VALUATION WITHDRAWAL WORLD DEVELOPMENT INDICATORS Economisti Associati Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability |
| geographic_facet |
Africa Burkina Faso Liberia Rwanda Sierra Leone South Sudan |
| description |
This 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. |
| format |
Report |
| author |
Economisti Associati |
| author_facet |
Economisti Associati |
| author_sort |
Economisti Associati |
| title |
Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability |
| title_short |
Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability |
| title_full |
Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability |
| title_fullStr |
Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability |
| title_full_unstemmed |
Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability |
| title_sort |
evaluation of the world bank group's investment climate programs : focus on impact and sustainability |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2014/11/24397624/evaluation-world-bank-groups-investment-climate-programs-focus-impact-sustainability http://hdl.handle.net/10986/21963 |
| _version_ |
1764449555611385856 |
| spelling |
okr-10986-219632021-06-14T10:24:39Z Evaluation of the World Bank Group's Investment Climate Programs : Focus on Impact and Sustainability Economisti Associati INVESTMENT CLIMATE IMPACT SUSTAINABILITY DOING BUSINESS BURKINA FASO LIBERIA SIERRA LEONE RWANDA SOUTH SUDAN BUSINESS REGISTRATION CONSTRUCTION PERMITS TRADE LOGISTICS INVESTMENT PROMOTION BUSINESS TAXATION PUBLIC-PRIVATE DIALOGUE LEGAL FRAMEWORK BUSINESS REGULATION SPECIAL ECONOMIC ZONES ACCOUNTING ACTION PLAN ADMINISTRATIVE PROCEDURES ARBITRATION BANKRUPTCY BANKRUPTCY LAW BARRIERS TO INVESTMENT BENEFICIARIES BRANCH OFFICES BUDGET ALLOCATIONS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESS REGULATIONS BUSINESS SECTOR CAPABILITIES CAPACITY BUILDING CAPITAL FORMATION CASH FLOW CHAMBERS OF COMMERCE CIVIL LAW CIVIL WAR CIVIL WARS COLLATERAL COLLATERAL REGISTRATION COMMERCIAL LAW COMMODITIES COMMON LAW COMPETITIVENESS CONTRACT ENFORCEMENT COST SAVINGS COSTS SAVINGS CREDIT INFORMATION CUSTOM CUSTOMS DATA LIMITATIONS DEBT DEBT FORGIVENESS DEBTS DECENTRALIZATION DEVELOPING COUNTRIES DEVELOPMENT BANK DISPUTE RESOLUTION DIVIDENDS DOCUMENTATION REQUIREMENTS E-GOVERNMENT E-MAIL ECONOMIC ACTIVITY ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMIC PERFORMANCE ELECTRICITY ENTERPRISE DEVELOPMENT ENTERPRISE SURVEYS EXPENDITURE EXPENDITURES FINANCE CORPORATION FINANCIAL INSTITUTIONS FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FOREIGN INVESTORS FUNCTIONALITY FUND INVESTMENT FUTURE PROSPECTS GLOBAL DEBT GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROWTH RATES HARMONIZATION HOLDING HUMAN RESOURCES IMAGE IMPACT ASSESSMENT INCOME INCOME LEVELS INCOMES INFORMAL ECONOMY INFORMATION SHARING INFORMATION TECHNOLOGY INSOLVENCY PROCEEDINGS INSPECTION INSPECTIONS INSTITUTION INSTITUTION BUILDING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSTITUTIONAL SUPPORT INTELLECTUAL PROPERTY INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERPOLATION INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT CLIMATE REFORM INVESTMENT CLIMATE REFORMS INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTOR PROTECTION ISSUANCE JOB CREATION JUDICIAL SYSTEM LABOR MARKET LEGAL FRAMEWORK LEGAL INFRASTRUCTURE LEGAL REFORM LEGAL REFORMS LEGISLATIVE REFORM LICENSES MARKET ECONOMY MARKET REGULATIONS MATERIAL MATURITY MEDIUM ENTERPRISES MISSING DATA MONETARY FUND NATIONAL INCOME NATURAL RESOURCE NATURAL RESOURCES NOTARIZATION REQUIREMENTS OIL ONLINE REGISTRATION OPERATING ENVIRONMENT PHONE POLICY MAKERS POLITICAL UPHEAVAL PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR COUNTERPARTS PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATE SECTOR INVESTMENT PRIVATIZATION PRODUCTIVE INVESTMENT PROFITABILITY REAL ESTATE REAL ESTATE INVESTMENT RED TAPE REFORM PROGRAMS REGIONAL INTEGRATION REGISTRATION FEES REGISTRATION PROCEDURES REGISTRIES REGISTRY REGISTRY OF PLEDGES REGULATORY CONSTRAINTS REGULATORY FRAMEWORK REGULATORY REFORM RESULT RESULTS RETURNS RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SETTLEMENT SMALL BUSINESSES STRUCTURAL ADJUSTMENT SUPERVISION SUSTAINABLE REFORM TAX TAX INCENTIVES TAX PAYMENT TAX POLICY TAX RATES TAX REFORM TAX REFORMS TAX REGIMES TAX SYSTEM TECHNICAL ASSISTANCE TIMBER TIME FRAME TRADE UNIONS TRANSACTION TRUST FUND TRUST FUNDS TURNOVER VALUATION WITHDRAWAL WORLD DEVELOPMENT INDICATORS This 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. 2015-05-21T16:20:02Z 2015-05-21T16:20:02Z 2014-11-30 Report http://documents.worldbank.org/curated/en/2014/11/24397624/evaluation-world-bank-groups-investment-climate-programs-focus-impact-sustainability http://hdl.handle.net/10986/21963 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa Burkina Faso Liberia Rwanda Sierra Leone South Sudan |