El Salvador : Policies for Business Recovery, Jobs and Economic Transformation
The report identifies the need for reforms in five complementary areas to boost recovery, productivity, and economic transformation: 1) business regulatory environment; 2) foreign direct investment (FDI); 3) access to productive finance; 4) innovat...
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| Language: | English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/undefined/099605112222125500/P1725570da65ba090a02b08c1a56d772da http://hdl.handle.net/10986/36790 |
| Summary: | The report identifies the need for
reforms in five complementary areas to boost recovery,
productivity, and economic transformation: 1) business
regulatory environment; 2) foreign direct investment (FDI);
3) access to productive finance; 4) innovation and
entrepreneurship; and 5) participation in global value
chains. These areas were selected through consultations with
the government and private sector and to complement other
analytical work. This report analyzes each area in detail
and suggests concrete reform action plans. A cross-cutting
trend—which has been accelerated by the COVID-19 crisis —is
the importance of digitization within both the public and
private sectors. Public policies to support digitization can
increase efficiency, enable new business models, and keep
firms from lagging behind in domestic and global markets. |
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