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Reforming the investment climate : lessons for practitioners /

Most people agree that a good investment climate is essential for growth and poverty reduction. Less clear is how to achieve it. Many reforms are complex, involving more than technical design and content. They are both political, facing opposition from organized and powerful groups-and institutional...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kikeri, Sunita
Otros Autores: Kenyon, Thomas (Thomas John), Palmade, Vincent
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : World Bank, 2006.
Colección:Policy research working papers (Online) ; 3986.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Kikeri, Sunita. 
245 1 0 |a Reforming the investment climate :  |b lessons for practitioners /  |c Sunita Kikeri, Thomas Kenyon, Vincent Palmade. 
260 |a Washington, D.C. :  |b World Bank,  |c 2006. 
300 |a 1 online resource (xi, 111 pages) 
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490 1 |a Policy research working paper ;  |v 3986 
520 3 |a Most people agree that a good investment climate is essential for growth and poverty reduction. Less clear is how to achieve it. Many reforms are complex, involving more than technical design and content. They are both political, facing opposition from organized and powerful groups-and institutionally demanding, cutting across different departments and levels of government. Reform thus requires paying as much attention to understanding the politics and institutional dimensions as to policy substance, which is the goal of this paper. Drawing from more than 25 case studies, it shows that there is no single recipe or "manual" for reform, given diverse contexts and serendipity in any reform effort. But three broad lessons emerge. The first is to recognize and seize opportunities for reform. Crisis and new governments are important catalysts, but so is the competition generated by trade integration and new benchmarking information. The second is to invest early in the politics of reform. Central to this process is using education and persuasion strategies to gain wider acceptance and neutralize opponents. Pilot programs can be valuable for demonstrating the benefits and feasibility of change. And the third is to pay greater attention to implementation and monitoring. This does not require full scale public management reforms. Reformers can draw on private sector change management techniques to revitalize public institutions responsible for implementation. Given the cross-cutting nature of reform, new oversight mechanisms may be needed to monitor and sustain reform. The paper concludes with an emerging checklist for reformers and identifies areas for future work 
504 |a Includes bibliographical references. 
505 0 |a Foreword; Acknowledgments; I. Introduction; II. Understanding the Challenges to Reform; III. Initiating and Designing Reform; IV. Implementing and Sustaining Reform; V. Conclusions; VI. Selected Reform Case Studies; References. 
588 0 |a Print version record. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Investments  |v Case studies. 
650 0 |a Economic policy  |v Case studies. 
650 0 |a Social policy  |v Case studies. 
650 6 |a Investissements  |v Études de cas. 
650 6 |a Politique économique  |v Études de cas. 
650 6 |a Politique sociale  |v Études de cas. 
650 7 |a Economic policy  |2 fast 
650 7 |a Investments  |2 fast 
650 7 |a Social policy  |2 fast 
655 7 |a Case studies  |2 fast 
700 1 |a Kenyon, Thomas  |q (Thomas John) 
700 1 |a Palmade, Vincent. 
758 |i has work:  |a Reforming the investment climate (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGQVtDgRxXR9hrwhr3rvf3  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Kikeri, Sunita.  |t Reforming the investment climate.  |d Washington, D.C. : International Finance Corporation : World Bank, 2006  |z 0821368370  |w (DLC) 2006299071  |w (OCoLC)71757560 
776 0 8 |i Online version:  |a Kikeri, Sunita.  |t Reforming the investment climate.  |d Washington, D.C. : World Bank, 2006  |w (OCoLC)755541413 
830 0 |a Policy research working papers (Online) ;  |v 3986. 
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