Global Investment Promotion Benchmarking Report : Eyes on COMESA
Many countries are convinced that Foreign Direct Investment (FDI) should be an important component of their growth strategy. To encourage FDI, they have improved their business climates, developed various guarantees for investors, and offered incen...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/723131468150570551/Global-investment-promotion-benchmarking-report-eyes-on-Comesa http://hdl.handle.net/10986/28205 |
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okr-10986-28205 |
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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 |
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English en_US |
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ACRONYMS ADVERTISING ANIMATION BARRIER BENCHMARK BEST PRACTICE BEST-PRACTICE BLUE CHIP BUSINESS CASE BUSINESS CLIMATES BUSINESS ENVIRONMENTS BUSINESS MANAGER BUSINESS MANAGERS BUSINESS SECTORS BUSINESS SERVICE BUSINESSES CAPABILITIES CAPABILITY CLUSTERING COMMON MARKET COMPETITIVE ADVANTAGES COMPETITIVENESS CONTACT INFORMATION CONTENTS COPYRIGHT COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST STRUCTURE COUNTRY RISK CREDIBILITY CUSTOMER INQUIRIES CUSTOMER SERVICE DECISION SUPPORT SYSTEMS DEMOGRAPHIC DESCRIPTION DESCRIPTIONS DEVELOPING COUNTRIES DOCUMENTS DOMAIN DOMAINS E-MAIL ADDRESSES E-MAIL SYSTEM E-MAILS ECONOMIC DEVELOPMENT EXPORT PROMOTION EXPORTERS EXPOSURE FINANCE CORPORATION FINANCIAL INSTABILITY FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FOCUS GROUP FOREIGN COMPANIES FOREIGN COMPANY FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS FUNCTIONALITIES FUNCTIONALITY GLOBAL INVESTMENT GOVERNMENT BUDGETS GROSS DOMESTIC PRODUCT GROWTH STRATEGY HOME PAGE HOST COUNTRIES HOST ECONOMIES HUMAN RESOURCE IMAGE IMAGES INCOME INCOME GROUP INDUSTRIAL DEVELOPMENT INFORMATION ARCHITECTURE INFORMATION GAP INFORMATION MANAGEMENT INFORMATION NEEDS INFORMATION PROVISION INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERFACE INTERNAL BUSINESS INTERNAL SYSTEMS INTERNATIONAL BUSINESS INTERNATIONAL COMPANIES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTMENT INTERNATIONAL INVESTMENT COMMUNITY INTERNATIONAL INVESTORS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE REFORMS INVESTMENT DECISION INVESTMENT DECISIONS INVESTMENT INCENTIVES INVESTMENT OPPORTUNITIES INVESTMENT OPPORTUNITY INVESTMENT PLANS INVESTMENT PROCESS INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT SERVICES INVESTMENT STRATEGY INVESTOR INFORMATION KNOWLEDGE MANAGEMENT LABOR MARKET LICENSES LOCAL INVESTORS LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMY MANAGEMENT PROTOCOLS MANAGEMENT SYSTEMS MANUFACTURING MARKETING MATERIAL MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY MIDDLE-INCOME ECONOMY MULTILATERAL INVESTMENT GUARANTEE AGENCY NAVIGATION NETWORKS NEW PRODUCTS ONLINE MARKETING OPPORTUNITIES FOR INVESTORS OPTIMAL INVESTMENT OUTSOURCING PHONE NUMBERS PHONES POTENTIAL INVESTMENT POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE SECTOR PROFESSIONAL STAFF PROJECT MANAGEMENT QUERIES QUERY RE-INVESTMENT REGIONAL INTEGRATION RESULT RESULTS RETENTION RETURN RETURN ON INVESTMENT SEARCH SEARCH ENGINE SEARCH ENGINE OPTIMIZATION SEARCH ENGINES SEARCH TERMS SEARCHING SITE CONTENT SOFTWARE DEVELOPMENT STATEMENTS TAX TAX SYSTEM TELECOMMUNICATIONS TELEPHONE TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TREATY TURNOVER USER USERS USES VIDEOS WEB WEB CONTENT WEB DEVELOPMENT WEB HOSTING WEB PAGE WEB PRESENCE WEB SITE WEB SITE ADDRESS WEB SITES WEBMASTER WEBSITE WEBSITES WORLDWIDE WEB |
| spellingShingle |
ACRONYMS ADVERTISING ANIMATION BARRIER BENCHMARK BEST PRACTICE BEST-PRACTICE BLUE CHIP BUSINESS CASE BUSINESS CLIMATES BUSINESS ENVIRONMENTS BUSINESS MANAGER BUSINESS MANAGERS BUSINESS SECTORS BUSINESS SERVICE BUSINESSES CAPABILITIES CAPABILITY CLUSTERING COMMON MARKET COMPETITIVE ADVANTAGES COMPETITIVENESS CONTACT INFORMATION CONTENTS COPYRIGHT COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST STRUCTURE COUNTRY RISK CREDIBILITY CUSTOMER INQUIRIES CUSTOMER SERVICE DECISION SUPPORT SYSTEMS DEMOGRAPHIC DESCRIPTION DESCRIPTIONS DEVELOPING COUNTRIES DOCUMENTS DOMAIN DOMAINS E-MAIL ADDRESSES E-MAIL SYSTEM E-MAILS ECONOMIC DEVELOPMENT EXPORT PROMOTION EXPORTERS EXPOSURE FINANCE CORPORATION FINANCIAL INSTABILITY FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FOCUS GROUP FOREIGN COMPANIES FOREIGN COMPANY FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS FUNCTIONALITIES FUNCTIONALITY GLOBAL INVESTMENT GOVERNMENT BUDGETS GROSS DOMESTIC PRODUCT GROWTH STRATEGY HOME PAGE HOST COUNTRIES HOST ECONOMIES HUMAN RESOURCE IMAGE IMAGES INCOME INCOME GROUP INDUSTRIAL DEVELOPMENT INFORMATION ARCHITECTURE INFORMATION GAP INFORMATION MANAGEMENT INFORMATION NEEDS INFORMATION PROVISION INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERFACE INTERNAL BUSINESS INTERNAL SYSTEMS INTERNATIONAL BUSINESS INTERNATIONAL COMPANIES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTMENT INTERNATIONAL INVESTMENT COMMUNITY INTERNATIONAL INVESTORS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE REFORMS INVESTMENT DECISION INVESTMENT DECISIONS INVESTMENT INCENTIVES INVESTMENT OPPORTUNITIES INVESTMENT OPPORTUNITY INVESTMENT PLANS INVESTMENT PROCESS INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT SERVICES INVESTMENT STRATEGY INVESTOR INFORMATION KNOWLEDGE MANAGEMENT LABOR MARKET LICENSES LOCAL INVESTORS LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMY MANAGEMENT PROTOCOLS MANAGEMENT SYSTEMS MANUFACTURING MARKETING MATERIAL MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY MIDDLE-INCOME ECONOMY MULTILATERAL INVESTMENT GUARANTEE AGENCY NAVIGATION NETWORKS NEW PRODUCTS ONLINE MARKETING OPPORTUNITIES FOR INVESTORS OPTIMAL INVESTMENT OUTSOURCING PHONE NUMBERS PHONES POTENTIAL INVESTMENT POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE SECTOR PROFESSIONAL STAFF PROJECT MANAGEMENT QUERIES QUERY RE-INVESTMENT REGIONAL INTEGRATION RESULT RESULTS RETENTION RETURN RETURN ON INVESTMENT SEARCH SEARCH ENGINE SEARCH ENGINE OPTIMIZATION SEARCH ENGINES SEARCH TERMS SEARCHING SITE CONTENT SOFTWARE DEVELOPMENT STATEMENTS TAX TAX SYSTEM TELECOMMUNICATIONS TELEPHONE TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TREATY TURNOVER USER USERS USES VIDEOS WEB WEB CONTENT WEB DEVELOPMENT WEB HOSTING WEB PAGE WEB PRESENCE WEB SITE WEB SITE ADDRESS WEB SITES WEBMASTER WEBSITE WEBSITES WORLDWIDE WEB Multilateral Investment Guarantee Agency International Finance Corporation World Bank Global Investment Promotion Benchmarking Report : Eyes on COMESA |
| description |
Many countries are convinced that
Foreign Direct Investment (FDI) should be an important
component of their growth strategy. To encourage FDI, they
have improved their business climates, developed various
guarantees for investors, and offered incentives. In the
real world, Investment Promotion Intermediaries (IPIs) face
tight budget and human resource constraints. Allocating
scarce resources among the various possible activities is a
major component of developing an effective promotion
strategy. Research, including that covered in this report,
suggests that many IPIs are failing to devote enough
attention to the most basic-and least costly-promotion
function, one that, if it fails, undermines all other
promotion activities. Provision of services to potential
investors-and particularly the provision of information-is
basic to all promotion. Image-building efforts can be hugely
expensive. Similarly, targeted missions and personal selling
are costly in terms of both time and effort. FDI offers the
prospects of growth and jobs to host countries, but
attracting it requires a good deal of effort. Effective
investment promotion is not only less costly than adding on
more incentives for investors; reform and incentives are
unlikely to accomplish their goals without promotion.
Promotion efforts will, however, fail to attract desired
investment if IPIs are not skilled at the most basic
function: collecting and providing to potential investors
relevant and timely information. Ensuring that this function
works well should be the top priority in the promotion
strategy and in the development of management systems. |
| format |
Report |
| author |
Multilateral Investment Guarantee Agency International Finance Corporation World Bank |
| author_facet |
Multilateral Investment Guarantee Agency International Finance Corporation World Bank |
| author_sort |
Multilateral Investment Guarantee Agency |
| title |
Global Investment Promotion Benchmarking Report : Eyes on COMESA |
| title_short |
Global Investment Promotion Benchmarking Report : Eyes on COMESA |
| title_full |
Global Investment Promotion Benchmarking Report : Eyes on COMESA |
| title_fullStr |
Global Investment Promotion Benchmarking Report : Eyes on COMESA |
| title_full_unstemmed |
Global Investment Promotion Benchmarking Report : Eyes on COMESA |
| title_sort |
global investment promotion benchmarking report : eyes on comesa |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/723131468150570551/Global-investment-promotion-benchmarking-report-eyes-on-Comesa http://hdl.handle.net/10986/28205 |
| _version_ |
1764465792134414336 |
| spelling |
okr-10986-282052021-04-23T14:04:46Z Global Investment Promotion Benchmarking Report : Eyes on COMESA Multilateral Investment Guarantee Agency International Finance Corporation World Bank ACRONYMS ADVERTISING ANIMATION BARRIER BENCHMARK BEST PRACTICE BEST-PRACTICE BLUE CHIP BUSINESS CASE BUSINESS CLIMATES BUSINESS ENVIRONMENTS BUSINESS MANAGER BUSINESS MANAGERS BUSINESS SECTORS BUSINESS SERVICE BUSINESSES CAPABILITIES CAPABILITY CLUSTERING COMMON MARKET COMPETITIVE ADVANTAGES COMPETITIVENESS CONTACT INFORMATION CONTENTS COPYRIGHT COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST STRUCTURE COUNTRY RISK CREDIBILITY CUSTOMER INQUIRIES CUSTOMER SERVICE DECISION SUPPORT SYSTEMS DEMOGRAPHIC DESCRIPTION DESCRIPTIONS DEVELOPING COUNTRIES DOCUMENTS DOMAIN DOMAINS E-MAIL E-MAIL ADDRESSES E-MAIL SYSTEM E-MAILS ECONOMIC DEVELOPMENT EXPORT PROMOTION EXPORTERS EXPOSURE FINANCE CORPORATION FINANCIAL INSTABILITY FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FOCUS GROUP FOREIGN COMPANIES FOREIGN COMPANY FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS FUNCTIONALITIES FUNCTIONALITY GLOBAL INVESTMENT GOVERNMENT BUDGETS GROSS DOMESTIC PRODUCT GROWTH STRATEGY HOME PAGE HOST COUNTRIES HOST ECONOMIES HUMAN RESOURCE IMAGE IMAGES INCOME INCOME GROUP INDUSTRIAL DEVELOPMENT INFORMATION ARCHITECTURE INFORMATION GAP INFORMATION MANAGEMENT INFORMATION NEEDS INFORMATION PROVISION INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERFACE INTERNAL BUSINESS INTERNAL SYSTEMS INTERNATIONAL BUSINESS INTERNATIONAL COMPANIES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTMENT INTERNATIONAL INVESTMENT COMMUNITY INTERNATIONAL INVESTORS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE REFORMS INVESTMENT DECISION INVESTMENT DECISIONS INVESTMENT INCENTIVES INVESTMENT OPPORTUNITIES INVESTMENT OPPORTUNITY INVESTMENT PLANS INVESTMENT PROCESS INVESTMENT PROJECTS INVESTMENT PROMOTION INVESTMENT SERVICES INVESTMENT STRATEGY INVESTOR INFORMATION KNOWLEDGE MANAGEMENT LABOR MARKET LICENSES LOCAL INVESTORS LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMY MANAGEMENT PROTOCOLS MANAGEMENT SYSTEMS MANUFACTURING MARKETING MATERIAL MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY MIDDLE-INCOME ECONOMY MULTILATERAL INVESTMENT GUARANTEE AGENCY NAVIGATION NETWORKS NEW PRODUCTS ONLINE MARKETING OPPORTUNITIES FOR INVESTORS OPTIMAL INVESTMENT OUTSOURCING PHONE NUMBERS PHONES POTENTIAL INVESTMENT POTENTIAL INVESTOR POTENTIAL INVESTORS PRIVATE SECTOR PROFESSIONAL STAFF PROJECT MANAGEMENT QUERIES QUERY RE-INVESTMENT REGIONAL INTEGRATION RESULT RESULTS RETENTION RETURN RETURN ON INVESTMENT SEARCH SEARCH ENGINE SEARCH ENGINE OPTIMIZATION SEARCH ENGINES SEARCH TERMS SEARCHING SITE CONTENT SOFTWARE DEVELOPMENT STATEMENTS TAX TAX SYSTEM TELECOMMUNICATIONS TELEPHONE TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TREATY TURNOVER USER USERS USES VIDEOS WEB WEB CONTENT WEB DEVELOPMENT WEB HOSTING WEB PAGE WEB PRESENCE WEB SITE WEB SITE ADDRESS WEB SITES WEBMASTER WEBSITE WEBSITES WORLDWIDE WEB Many countries are convinced that Foreign Direct Investment (FDI) should be an important component of their growth strategy. To encourage FDI, they have improved their business climates, developed various guarantees for investors, and offered incentives. In the real world, Investment Promotion Intermediaries (IPIs) face tight budget and human resource constraints. Allocating scarce resources among the various possible activities is a major component of developing an effective promotion strategy. Research, including that covered in this report, suggests that many IPIs are failing to devote enough attention to the most basic-and least costly-promotion function, one that, if it fails, undermines all other promotion activities. Provision of services to potential investors-and particularly the provision of information-is basic to all promotion. Image-building efforts can be hugely expensive. Similarly, targeted missions and personal selling are costly in terms of both time and effort. FDI offers the prospects of growth and jobs to host countries, but attracting it requires a good deal of effort. Effective investment promotion is not only less costly than adding on more incentives for investors; reform and incentives are unlikely to accomplish their goals without promotion. Promotion efforts will, however, fail to attract desired investment if IPIs are not skilled at the most basic function: collecting and providing to potential investors relevant and timely information. Ensuring that this function works well should be the top priority in the promotion strategy and in the development of management systems. 2017-09-07T20:16:09Z 2017-09-07T20:16:09Z 2009-05 Report http://documents.worldbank.org/curated/en/723131468150570551/Global-investment-promotion-benchmarking-report-eyes-on-Comesa http://hdl.handle.net/10986/28205 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Investment Climate Assessment Economic & Sector Work |