The report has been made on the basis of data gathered at public administration offices, a survey of entrepreneurs and business intermediaries, an analysis of legislation and the relevant literature, the expertise of its authors as well as comparative data provided by FIAS. The conclusions and recommendations were discussed during focus group interviews with the participation of entrepreneurs, and during a workshop attended by representatives of the public administration, research centers and business circles.

The purpose of the study is to determine whether the current tax/incentive scheme in each of the designated sectors is conducive to growth goals and whether these sectors are competitive domestically and internationally. This study provides the government with information it seeks through use of marginal effective tax rate calculations to be carried out in each of the identified sectors and through qualitative analysis about the appropriateness of the tax /incentive scheme done by sector experts. It also offers crosscountry analysis from which international competitiveness can be assessed. A third component built into this study is a capacity building exercise, with the group of international consultants tasked to work closely with a Ministry of Finance and Zambia Revenue Authority-identified counterpart group to transfer the knowledge and methodology underlying such an analysis.

The purpose of the study is to conduct a review of the legal framework underpinning the investment climate. The determination of areas in the legal framework which are hindering investment and the recommendations which follow provide the first step toward implementing the authorities’ recently adopted private sector development agenda. In addition, the study will be an important component of a wider review of the legal framework.

The fall in foreign direct investment (FDI) since 1999, and China’s growing share, worry most developing countries. But an in-depth look reveals new and promising trends. The decline is largely a one-time adjustment following the privatization boom of the 1990s. FDI is coming from more countries—and going to more sectors. The conditions for attracting FDI vary by sector : in labor-intensive manufacturing, for example, efficient customs and flexible labor markets are key, while in retail access to land and equal enforcement of tax rules matter most. Sorting out the microeconomic issues by sector will be good not only for FDI but also for domestic investors.
This paper has been commissioned by FIAS and the Forum Secretariat to specifically address the issue of investor screening and approvals in Forum Island Countries (FICs), with a specific focus on screening for fraud and related miscreant behaviour by foreign investors.
At the request of the Government of Armenia, the Foreign Investment Advisory Service (FIAS), a joint facility of the International Finance Corporation (IFC) and the World Bank, launched an advisory project in Fall 2003 to conduct an Update of the 2000 Administrative Barriers to Investment Study In Armenia, using the self-assessment approach.
At the request of the Ministry of Anti-Monopoly Policy and Support for Entrepreneurship (MAPSE) and various regional administrations in 2000, the Foreign Investment Advisory Service (FIAS) embarked on a series of studies of administrative barriers to investment in subjects of the Russian Federation.
The objectives of this report on the Assessment of Administrative Procedures for Doing Business in Georgia are: • To evaluate the current status of efforts to improve administrative procedures for doing business in Georgia; • To present and recommend methodologies for overall reform activities; and • To identify immediate reform priorities.
FIAS conducted a Caribbean Investor Perception Survey between February – May 2004 of international companies operating in the Caribbean basin. The objectives of the survey are two folds: • To gauge the relative importance of a large number of factors that could potentially influence foreign investors’ location decisions in the Caribbean region, and • To assess the relative attractiveness of the different countries for foreign direct investment (FDI).
The following report provides a “snapshot” of the main issues impeding investment and private sector growth, but is by no means exhaustive. The goal of this report is to document the main issues, provide analyses, and offer recommendations on steps which could help to improve the situation.
The two broad objectives of the study are • to examine the linkages and subsequent flow-on impacts that occur following a inward foreign investment, with specific reference to small island economies • to consider the actions Pacific island economies might take to enhance the contribution made by inward foreign investment.
The two broad objectives of the study are • to examine the linkages and subsequent flow-on impacts that occur following a inward foreign investment, with specific reference to small island economies • to consider the actions Pacific island economies might take to enhance the contribution made by inward foreign investment.