Lessons from CBC Business Environment Surveys 1999, 2001, 2003

A series of surveys of private sector views on the business climate conducted by the Commonwealth Business Council (CBC) found that predictability and simplicity of regulation is a priority for investors. Foreign investors especially would rather see a good business environment than elaborate incent...

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Bibliographic Details
Main Author: Mackinnon, Gregor
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/9155
Description
Summary:A series of surveys of private sector views on the business climate conducted by the Commonwealth Business Council (CBC) found that predictability and simplicity of regulation is a priority for investors. Foreign investors especially would rather see a good business environment than elaborate incentives. The report recommends pro-active strategies that engage the government and those actors actually taking investment decisions, and that include concrete recommendations and implementation procedures. This approach can make a real difference in investors� perception and consequently on FDI flows.