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Logistics Constraints and Investment Climate. Uma Subramanian Senior Economist Investment Climate Unit Private Sector Department June 10, 2003. Investment Climate Assessments: Objectives. Identify features that matter most for growth and productivity
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Logistics Constraints and Investment Climate Uma Subramanian Senior Economist Investment Climate Unit Private Sector Department June 10, 2003
Investment Climate Assessments: Objectives • Identify features that matter most for growth and productivity • Benchmark performance relative to peers around the world • Highlight action to improve business climate • Promote informed dialogue to forge consensus on reform priorities • Track changes over time to gauge impact of reforms
Approaches • Investment Climate Assessments • Doing Business database and Indicators • Diagnostics
ICA • A standard core survey instrument linking constraints to firm-level productivity. • Quantitative questions in terms of dollars and days • Standardized sampling and implementation across countries. • Additional special modules
Investment Climate Assessments: Country Reports Kyrgyz Rep. Moldova Poland Serbia (FRY) Tajikistan Uzbekistan Algeria Morocco Syria Cambodia China Indonesia Malaysia Philippines Thailand Eritrea Ethiopia Kenya Mozambique Nigeria Tanzania Uganda Zambia Bolivia Brazil Ecuador Honduras Nicaragua Peru Venezuela Bangladesh Bhutan India Nepal Pakistan Sri Lanka
Entry Regulations Indicators - measure the procedures, time, cost and minimum capital requirements to register a business formally
Global Emerging Trends • Economic liberalization Global markets with extensive outsourcing - rapidly changing spatial distribution of production, supply and demand • “Just in time” deliveries
Ability of countries to participate in global trends are critically dependent on how they are able to deliver goods and services in time and at low cost • Knowledge of technological advances, and adaptation of innovative approaches, • Institutional capacity to implement change
Logistics work under IC Assessing Costs, Time, Variability • Logistics Module : Firm level survey • Diagnostics: “Plumbing” approach • Development of indicators