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Investment regulation and promotion : can they coexist in one body (English)

The World Bank Group's global investment promotion benchmarking 2009 report found that nearly three-quarters of countries are missing out on much of the $1 trillion annual market for foreign direct investment by simply failing at the timely provision of high-quality business information to potential investors. A new study indicates that weak investment promotion is correlated with whether the same government agency is also responsible for investment regulation. This note argues that the two functions should be kept separate and offers policy advice for countries that have them combined.

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Citation

Griffin,Carlos Roberto Ortega Sotes,Celia Whyte, Robert

Investment regulation and promotion : can they coexist in one body (English). Investment climate in practice,no. 16. Investment policy and promotion Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/832851474483734837/Investment-regulation-and-promotion-can-they-coexist-in-one-body