An Assessment of the Investment Climate in South Africa
The objective of the South Africa Investment Climate Assessment (ICA) is to evaluate the investment climate in South Africa in all its operational dimensions and to promote policies to strengthen the private sector. The investment climate is made u...
Main Authors: | , , , , |
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Language: | English en_US |
Published: |
Washington, DC: World Bank
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2007/01/8149768/south-africa-assessment-investment-climate http://hdl.handle.net/10986/6738 |
Summary: | The objective of the South Africa
Investment Climate Assessment (ICA) is to evaluate the
investment climate in South Africa in all its operational
dimensions and to promote policies to strengthen the private
sector. The investment climate is made up of the many
location-specific factors that shape opportunities and
incentives for firms to invest productively, create jobs,
and expand. These factors include macroeconomic and
regulatory policies, the security of property rights and the
rule of law, and the quality of supporting institutions such
as physical and financial infrastructure. The main source of
information for the ICA is a survey of over 800 formal
private enterprises. The survey includes data on firm
productivity, the cost of doing business, the regulatory
environment, the labor market, the financial sector, the
trade regime, and levels of investment. The analysis links
business environment constraints to firm-level costs and
productivity. Also, the investment climate and performance
of firms in South Africa can be compared with those of firms
in the more than 70 low- and middle income countries in
which Investment Climate Surveys (ICSs) have been conducted. |
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