Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation

An appropriate rural investment climate (RIC) is essential for rural businesses to be successful and generate employment and income in their communities. Improving the investment climate could facilitate income-generation activities in both farm an...

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Main Author: Sawada, Naotaka
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
BUS
TAX
Online Access:http://documents.worldbank.org/curated/en/279561468203676596/Improving-the-rural-investment-climate-for-businesses-key-to-rural-income-generation
http://hdl.handle.net/10986/26897
id okr-10986-26897
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS ROADS
ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCING
ACCESS TO INFORMATION
ACCESS TO LOAN
ACCESS TO MARKET
ACCOUNTING
AFFORDABLE TRANSPORTATION
AGRICULTURAL ECONOMICS
AGRICULTURAL PRODUCTS
ALTERNATIVE EMPLOYMENT
ASSISTANCE TO BUSINESS
BANK ACCOUNT
BANKRUPTCY
BANKS
BENEFICIARIES
BORROWING
BOTTLENECKS
BRIDGE
BRIDGE CONSTRUCTION
BUREAUCRATIC RED TAPE
BUS
BUSINESS ACTIVITIES
BUSINESS ENTRY
BUSINESS MANAGEMENT
BUSINESS OPERATIONS
BUSINESS OPPORTUNITIES
BUSINESS OWNERS
BUSINESS PLAN
BUSINESS PLANNING
BUSINESS SUPPORT
CALCULATION
CAPACITY BUILDING
CARS
COLLATERAL
COLLATERAL REQUIREMENT
COMMERCIAL BANKS
COMMODITY
CONSUMER
CONTRIBUTION
CORRUPTION
COST OF TRANSPORT
COST OF TRANSPORTATION
COST-BENEFIT ANALYSIS
CREDIT GUARANTEE
DELIVERY MECHANISM
DIVERSIFICATION
DRIVERS
EARNINGS
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ECONOMIES OF SCALE
EDUCATION LEVELS
ENTERPRISE DEVELOPMENT
ENTERPRISE GROWTH
ENTREPRENEURS
ENTREPRENEURSHIP DEVELOPMENT
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL PROTECTION AGENCY
EXCLUSION
EXTENSION SERVICES
FARM ENTERPRISES
FARMERS
FEMALE ENTREPRENEURS
FINANCE ACCESS
FINANCIAL ILLITERACY
FINANCIAL INSTITUTION
FINANCIAL LITERACY
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL PRODUCTS
FINANCIAL SYSTEM
FISCAL POLICY
FIXED ASSET
FORMAL BANKING
FORMAL FINANCIAL INSTITUTIONS
FORMAL FINANCIAL SERVICES
FUTURE GROWTH
GENDER
GENDER EQUALITY
GENDER ISSUE
GUARANTEE SCHEME
HANDICRAFT
HIGH INTEREST RATE
HIGH TRANSPORTATION
HOUSEHOLD EXPENSES
HOUSEHOLD INCOME
HOUSEHOLDS
HUMAN CAPITAL
INCOME INCREASE
INCOMES
INDIVIDUAL ENTREPRENEURS
INEQUALITY
INFORMATION ON MARKETS
INFORMATION TECHNOLOGY
INSTITUTIONAL SUPPORT
INSURANCE
INTEREST RATES
INTERNATIONAL BANK
INVENTORY CREDIT
INVESTING
INVESTMENT CAPITAL
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT STRATEGY
JOB TRAINING
KNOWLEDGE GAPS
LABOR MARKET
LACK OF ACCESS
LACK OF CAPITAL
LACK OF KNOWLEDGE
LAND MARKETS
LAND USE
LIMITED ACCESS
LIMITED ACCESS TO FINANCE
LINE OF CREDIT
LOAN
LOAN AMOUNT
LOAN APPLICATIONS
LOCAL BUSINESSES
MACROECONOMIC STABILITY
MARKET DEMAND
MARKET DEVELOPMENT
MARKET INFORMATION
MARKET SHARE
MARKETING
MATERIAL
MEANS OF TRANSPORT
MICRO-ENTREPRENEURS
MICROFINANCE
MICROFINANCE INSTITUTIONS
MICROFINANCE LOANS
MOBILITY
MODE OF TRANSPORT
MONEY TRANSFER
NEW BUSINESS
NEW MARKET
OUTREACH
OUTSTANDING LOANS
PARTIAL CREDIT
PENETRATION RATE
PRIVATE ENTERPRISE
PRODUCTIVITY
PROFITABILITY
PROPERTY RIGHTS
PUBLIC AWARENESS
PUBLIC SERVICE DELIVERY
PUBLIC TRANSPORTATION
QUERIES
QUESTIONNAIRES
RISK REDUCTION
ROAD
ROAD BUILDING
ROAD NETWORK
ROADS
RURAL BUSINESS
RURAL FINANCE
RURAL INFRASTRUCTURE
RURAL ROADS
RURAL TRANSPORT
SAFETY
SAFETY NETS
SALES
SAVINGS
SAVINGS ACCOUNT
SMALL BUSINESS
SMALL BUSINESS AGENCIES
SMALL ENTERPRISE
STAKEHOLDER
START-UP
START-UP CAPITAL
SUPPLY CHAIN
TAX
TAX RATE
TECHNICAL ASSISTANCE
TECHNICAL SKILLS
TELEPHONE
TRAFFIC
TRAINING PROGRAMS
TRANSACTION
TRANSACTION COSTS
TRANSPORT
TRANSPORT COSTS
TRANSPORT IMPROVEMENT
TRANSPORT SERVICES
TRANSPORTATION COST
TRANSPORTATION SYSTEM
TRANSPORTS
TRAVEL TIME
TRUCKS
URBAN AREAS
VALUABLE
VEHICLES
WAGE
WAGES
WEALTH
WEALTH CREATION
WOMEN ENTREPRENEURS
WORKING CAPITAL
WORTH
spellingShingle ACCESS ROADS
ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCING
ACCESS TO INFORMATION
ACCESS TO LOAN
ACCESS TO MARKET
ACCOUNTING
AFFORDABLE TRANSPORTATION
AGRICULTURAL ECONOMICS
AGRICULTURAL PRODUCTS
ALTERNATIVE EMPLOYMENT
ASSISTANCE TO BUSINESS
BANK ACCOUNT
BANKRUPTCY
BANKS
BENEFICIARIES
BORROWING
BOTTLENECKS
BRIDGE
BRIDGE CONSTRUCTION
BUREAUCRATIC RED TAPE
BUS
BUSINESS ACTIVITIES
BUSINESS ENTRY
BUSINESS MANAGEMENT
BUSINESS OPERATIONS
BUSINESS OPPORTUNITIES
BUSINESS OWNERS
BUSINESS PLAN
BUSINESS PLANNING
BUSINESS SUPPORT
CALCULATION
CAPACITY BUILDING
CARS
COLLATERAL
COLLATERAL REQUIREMENT
COMMERCIAL BANKS
COMMODITY
CONSUMER
CONTRIBUTION
CORRUPTION
COST OF TRANSPORT
COST OF TRANSPORTATION
COST-BENEFIT ANALYSIS
CREDIT GUARANTEE
DELIVERY MECHANISM
DIVERSIFICATION
DRIVERS
EARNINGS
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ECONOMIES OF SCALE
EDUCATION LEVELS
ENTERPRISE DEVELOPMENT
ENTERPRISE GROWTH
ENTREPRENEURS
ENTREPRENEURSHIP DEVELOPMENT
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL PROTECTION AGENCY
EXCLUSION
EXTENSION SERVICES
FARM ENTERPRISES
FARMERS
FEMALE ENTREPRENEURS
FINANCE ACCESS
FINANCIAL ILLITERACY
FINANCIAL INSTITUTION
FINANCIAL LITERACY
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL PRODUCTS
FINANCIAL SYSTEM
FISCAL POLICY
FIXED ASSET
FORMAL BANKING
FORMAL FINANCIAL INSTITUTIONS
FORMAL FINANCIAL SERVICES
FUTURE GROWTH
GENDER
GENDER EQUALITY
GENDER ISSUE
GUARANTEE SCHEME
HANDICRAFT
HIGH INTEREST RATE
HIGH TRANSPORTATION
HOUSEHOLD EXPENSES
HOUSEHOLD INCOME
HOUSEHOLDS
HUMAN CAPITAL
INCOME INCREASE
INCOMES
INDIVIDUAL ENTREPRENEURS
INEQUALITY
INFORMATION ON MARKETS
INFORMATION TECHNOLOGY
INSTITUTIONAL SUPPORT
INSURANCE
INTEREST RATES
INTERNATIONAL BANK
INVENTORY CREDIT
INVESTING
INVESTMENT CAPITAL
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT STRATEGY
JOB TRAINING
KNOWLEDGE GAPS
LABOR MARKET
LACK OF ACCESS
LACK OF CAPITAL
LACK OF KNOWLEDGE
LAND MARKETS
LAND USE
LIMITED ACCESS
LIMITED ACCESS TO FINANCE
LINE OF CREDIT
LOAN
LOAN AMOUNT
LOAN APPLICATIONS
LOCAL BUSINESSES
MACROECONOMIC STABILITY
MARKET DEMAND
MARKET DEVELOPMENT
MARKET INFORMATION
MARKET SHARE
MARKETING
MATERIAL
MEANS OF TRANSPORT
MICRO-ENTREPRENEURS
MICROFINANCE
MICROFINANCE INSTITUTIONS
MICROFINANCE LOANS
MOBILITY
MODE OF TRANSPORT
MONEY TRANSFER
NEW BUSINESS
NEW MARKET
OUTREACH
OUTSTANDING LOANS
PARTIAL CREDIT
PENETRATION RATE
PRIVATE ENTERPRISE
PRODUCTIVITY
PROFITABILITY
PROPERTY RIGHTS
PUBLIC AWARENESS
PUBLIC SERVICE DELIVERY
PUBLIC TRANSPORTATION
QUERIES
QUESTIONNAIRES
RISK REDUCTION
ROAD
ROAD BUILDING
ROAD NETWORK
ROADS
RURAL BUSINESS
RURAL FINANCE
RURAL INFRASTRUCTURE
RURAL ROADS
RURAL TRANSPORT
SAFETY
SAFETY NETS
SALES
SAVINGS
SAVINGS ACCOUNT
SMALL BUSINESS
SMALL BUSINESS AGENCIES
SMALL ENTERPRISE
STAKEHOLDER
START-UP
START-UP CAPITAL
SUPPLY CHAIN
TAX
TAX RATE
TECHNICAL ASSISTANCE
TECHNICAL SKILLS
TELEPHONE
TRAFFIC
TRAINING PROGRAMS
TRANSACTION
TRANSACTION COSTS
TRANSPORT
TRANSPORT COSTS
TRANSPORT IMPROVEMENT
TRANSPORT SERVICES
TRANSPORTATION COST
TRANSPORTATION SYSTEM
TRANSPORTS
TRAVEL TIME
TRUCKS
URBAN AREAS
VALUABLE
VEHICLES
WAGE
WAGES
WEALTH
WEALTH CREATION
WOMEN ENTREPRENEURS
WORKING CAPITAL
WORTH
Sawada, Naotaka
Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
geographic_facet Africa
relation Agriculture and Rural Development Discussion Paper;No. 51
description An appropriate rural investment climate (RIC) is essential for rural businesses to be successful and generate employment and income in their communities. Improving the investment climate could facilitate income-generation activities in both farm and nonfarm sectors, thus reducing rural poverty. Nonfarm sector focused growth, combined with agricultural growth, and has been shown by Delgado et al. (1998) to have a significant impact on the local economy through the generation of employment and income. This study is the first to focus on both farm and nonfarm enterprises in its 2010 surveys of RIC in Yemen, Burkina Faso, Nigeria, and Mozambique unlike six previous RIC assessment (RICA) pilot projects that focused only on nonfarm enterprises. This report assesses the weaknesses and strengths of all RIC components in farm and nonfarm enterprises of the four countries surveyed, and recommends measures to address the weaknesses. The report identifies similar business obstacles for farm and nonfarm enterprises and four critical areas of the RIC to be improved. The results of the RICA are based on analyses of obstacles perceived by rural entrepreneurs and on assessments by RIC indicators, enterprise entry and exit, and enterprise performance. To have maximum synergy effects, farm and nonfarm enterprises should be promoted together.
format Working Paper
author Sawada, Naotaka
author_facet Sawada, Naotaka
author_sort Sawada, Naotaka
title Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
title_short Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
title_full Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
title_fullStr Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
title_full_unstemmed Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation
title_sort improving the rural investment climate for businesses : key to rural income generation
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/279561468203676596/Improving-the-rural-investment-climate-for-businesses-key-to-rural-income-generation
http://hdl.handle.net/10986/26897
_version_ 1764461185388773376
spelling okr-10986-268972021-04-23T14:04:34Z Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation Sawada, Naotaka ACCESS ROADS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO INFORMATION ACCESS TO LOAN ACCESS TO MARKET ACCOUNTING AFFORDABLE TRANSPORTATION AGRICULTURAL ECONOMICS AGRICULTURAL PRODUCTS ALTERNATIVE EMPLOYMENT ASSISTANCE TO BUSINESS BANK ACCOUNT BANKRUPTCY BANKS BENEFICIARIES BORROWING BOTTLENECKS BRIDGE BRIDGE CONSTRUCTION BUREAUCRATIC RED TAPE BUS BUSINESS ACTIVITIES BUSINESS ENTRY BUSINESS MANAGEMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS OWNERS BUSINESS PLAN BUSINESS PLANNING BUSINESS SUPPORT CALCULATION CAPACITY BUILDING CARS COLLATERAL COLLATERAL REQUIREMENT COMMERCIAL BANKS COMMODITY CONSUMER CONTRIBUTION CORRUPTION COST OF TRANSPORT COST OF TRANSPORTATION COST-BENEFIT ANALYSIS CREDIT GUARANTEE DELIVERY MECHANISM DIVERSIFICATION DRIVERS EARNINGS ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIES OF SCALE EDUCATION LEVELS ENTERPRISE DEVELOPMENT ENTERPRISE GROWTH ENTREPRENEURS ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXCLUSION EXTENSION SERVICES FARM ENTERPRISES FARMERS FEMALE ENTREPRENEURS FINANCE ACCESS FINANCIAL ILLITERACY FINANCIAL INSTITUTION FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SYSTEM FISCAL POLICY FIXED ASSET FORMAL BANKING FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SERVICES FUTURE GROWTH GENDER GENDER EQUALITY GENDER ISSUE GUARANTEE SCHEME HANDICRAFT HIGH INTEREST RATE HIGH TRANSPORTATION HOUSEHOLD EXPENSES HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL INCOME INCREASE INCOMES INDIVIDUAL ENTREPRENEURS INEQUALITY INFORMATION ON MARKETS INFORMATION TECHNOLOGY INSTITUTIONAL SUPPORT INSURANCE INTEREST RATES INTERNATIONAL BANK INVENTORY CREDIT INVESTING INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT STRATEGY JOB TRAINING KNOWLEDGE GAPS LABOR MARKET LACK OF ACCESS LACK OF CAPITAL LACK OF KNOWLEDGE LAND MARKETS LAND USE LIMITED ACCESS LIMITED ACCESS TO FINANCE LINE OF CREDIT LOAN LOAN AMOUNT LOAN APPLICATIONS LOCAL BUSINESSES MACROECONOMIC STABILITY MARKET DEMAND MARKET DEVELOPMENT MARKET INFORMATION MARKET SHARE MARKETING MATERIAL MEANS OF TRANSPORT MICRO-ENTREPRENEURS MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE LOANS MOBILITY MODE OF TRANSPORT MONEY TRANSFER NEW BUSINESS NEW MARKET OUTREACH OUTSTANDING LOANS PARTIAL CREDIT PENETRATION RATE PRIVATE ENTERPRISE PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PUBLIC AWARENESS PUBLIC SERVICE DELIVERY PUBLIC TRANSPORTATION QUERIES QUESTIONNAIRES RISK REDUCTION ROAD ROAD BUILDING ROAD NETWORK ROADS RURAL BUSINESS RURAL FINANCE RURAL INFRASTRUCTURE RURAL ROADS RURAL TRANSPORT SAFETY SAFETY NETS SALES SAVINGS SAVINGS ACCOUNT SMALL BUSINESS SMALL BUSINESS AGENCIES SMALL ENTERPRISE STAKEHOLDER START-UP START-UP CAPITAL SUPPLY CHAIN TAX TAX RATE TECHNICAL ASSISTANCE TECHNICAL SKILLS TELEPHONE TRAFFIC TRAINING PROGRAMS TRANSACTION TRANSACTION COSTS TRANSPORT TRANSPORT COSTS TRANSPORT IMPROVEMENT TRANSPORT SERVICES TRANSPORTATION COST TRANSPORTATION SYSTEM TRANSPORTS TRAVEL TIME TRUCKS URBAN AREAS VALUABLE VEHICLES WAGE WAGES WEALTH WEALTH CREATION WOMEN ENTREPRENEURS WORKING CAPITAL WORTH An appropriate rural investment climate (RIC) is essential for rural businesses to be successful and generate employment and income in their communities. Improving the investment climate could facilitate income-generation activities in both farm and nonfarm sectors, thus reducing rural poverty. Nonfarm sector focused growth, combined with agricultural growth, and has been shown by Delgado et al. (1998) to have a significant impact on the local economy through the generation of employment and income. This study is the first to focus on both farm and nonfarm enterprises in its 2010 surveys of RIC in Yemen, Burkina Faso, Nigeria, and Mozambique unlike six previous RIC assessment (RICA) pilot projects that focused only on nonfarm enterprises. This report assesses the weaknesses and strengths of all RIC components in farm and nonfarm enterprises of the four countries surveyed, and recommends measures to address the weaknesses. The report identifies similar business obstacles for farm and nonfarm enterprises and four critical areas of the RIC to be improved. The results of the RICA are based on analyses of obstacles perceived by rural entrepreneurs and on assessments by RIC indicators, enterprise entry and exit, and enterprise performance. To have maximum synergy effects, farm and nonfarm enterprises should be promoted together. 2017-06-05T18:14:01Z 2017-06-05T18:14:01Z 2012-02 Working Paper http://documents.worldbank.org/curated/en/279561468203676596/Improving-the-rural-investment-climate-for-businesses-key-to-rural-income-generation http://hdl.handle.net/10986/26897 English en_US Agriculture and Rural Development Discussion Paper;No. 51 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