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008 060821s2006 dcu sb i000 0 eng
010 _a 2006618450
020 _a0821368370
040 _aDLC
_cDLC
_dBD-DhBPA
050 0 0 _aHG3881.5.W57
082 _a332.6
_bKIR 2006
100 1 _aKikeri, Sunita.
_97842
245 1 0 _aReforming the investment climate:
_blessons for practitioners /
_cSunita Kikeri, Thomas Kenyon, Vincent Palmade.
260 _a[Washington, D.C. :
_bWorld Bank,
_c2006]
490 1 _aPolicy research working paper ;
_v3986
500 _aTitle from PDF file as viewed on 8/21/2006.
504 _aIncludes bibliographical references.
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. "--World Bank web site.
530 _aAlso available in print.
538 _aSystem requirements: Adobe Acrobat Reader.
538 _aMode of access: World Wide Web.
590 _aanannya
650 0 _aInvestments
_vCase studies.
_97843
650 0 _aEconomic policy
_vCase studies.
_97844
650 0 _aSocial policy
_vCase studies.
_97845
700 1 _aKenyon, Thomas.
_97846
710 2 _aWorld Bank.
_97847
830 0 _aPolicy research working papers (Online) ;
_v3986.
_97848
856 4 0 _uhttp://econ.worldbank.org/external/default/main?pagePK=64165259&theSitePK=469382&piPK=64165421&menuPK=64166093&entityID=000016406_20060803152048
942 _2ddc
_cBK
999 _c3047
_d3047