The Investment Climate in Post-conflict Situations PDF Download

Author: Rob Mills
Publisher: World Bank Publications
ISBN:
Category : Bank Policy
Languages : en
Pages : 35

View

Book Description
Abstract: This paper is a policy review of the role of investment climate in post-conflict situations. It summarizes the broad range of ways in which conflict negatively affects the investment climate, from macroeconomic instability to a degraded regulatory framework. It stresses that attention needs to be paid to the broader "enabling environment," including institutions, governance, capacity, and social capital. It suggests that a vibrant private sector underpinned by a good investment climate is particularly important in the post-conflict recovery phase for three reasons: it generates employment, provides public services where the state has retrenched, and builds social capital. By addressing these important "greed and grievance" factors, the private sector helps reduce the likelihood of a return to conflict. The paper concludes by distilling key lessons relating to the management of the post-conflict reform process. Despite the importance of a good investment climate, greater effort is needed to ensure that private sector development reforms are included in the first round of post-conflict policymaking. Local ownership of reforms and enhanced local capacity to implement them is key to sustainable improvements in the investment climate. Development partners have an important role to play in facilitating dialogue and promoting partnerships between public and private sector stakeholders. At the same time, development partners need to ensure that their presence in fragile post-conflict economies does not damage the very sector they are trying to support.

Author: Rob Mills
Publisher:
ISBN:
Category :
Languages : en
Pages :

View

Book Description
This paper is a policy review of the role of investment climate in post-conflict situations. It summarizes the broad range of ways in which conflict negatively affects the investment climate, from macroeconomic instability to a degraded regulatory framework. It stresses that attention needs to be paid to the broader "enabling environment," including institutions, governance, capacity, and social capital. It suggests that a vibrant private sector underpinned by a good investment climate is particularly important in the post-conflict recovery phase for three reasons: it generates employment, provides public services where the state has retrenched, and builds social capital. By addressing these important "greed and grievance" factors, the private sector helps reduce the likelihood of a return to conflict. The paper concludes by distilling key lessons relating to the management of the post-conflict reform process. Despite the importance of a good investment climate, greater effort is needed to ensure that private sector development reforms are included in the first round of post-conflict policymaking. Local ownership of reforms and enhanced local capacity to implement them is key to sustainable improvements in the investment climate. Development partners have an important role to play in facilitating dialogue and promoting partnerships between public and private sector stakeholders. At the same time, development partners need to ensure that their presence in fragile post-conflict economies does not damage the very sector they are trying to support.

Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464811857
Category : Business & Economics
Languages : en
Pages : 182

View

Book Description
The Global Investment Competitiveness report presents new insights and evidence on drivers of foreign direct investment (FDI) in developing countries, and FDI’s role in development. The report’s survey of 750 executives of multinational corporations finds that a business-friendly legal and regulatory environment is a key driver of investment decisions in developing countries, along with political stability, security, and macroeconomic conditions. The report’s topic-specific chapters explore the potential of FDI to create new growth opportunities for local firms, assess the power of tax holidays and other fiscal incentives to attract FDI, analyze characteristics of FDI originating in developing countries, and examine the experience of foreign investors in countries affected by conflict and fragility. Three key features of this Global Investment Competitiveness report distinguish it from other publications on FDI. First, its insights are based on a combination of first-hand perspectives of investors, extensive analysis of available data and evidence, and international good practices in investment policy design and implementation. Secondly, rather than exploring broad FDI trends, the report provides detailed and unique analysis of FDI depending on its motivation, sector, geographic origin and destination, and phase of investment. Thirdly, the report offers practical and actionable recommendations to policymakers in developing countries wishing to reform their business climates for increased investment competitiveness. As such, the report is meant to complement other knowledge products of the World Bank Group focused even more explicitly on country-level data, detailed reform diagnostics, and presentation of best practices. We are confident this report will bring value and fresh perspectives to a variety of audiences. To governments and policymakers, including investment promotion professionals, the report offers direct insights into the role of government policies and actions in investors’ decision-making. To foreign investors and site location consultants, the report provides information on FDI trends and drivers across sectors and geographies. For academic audiences, the new datasets on investment incentives and FDI motivations enables opportunities for additional research and analysis. Lastly, for development assistance providers and other stakeholders, the report highlights key approaches for maximizing FDI’s benefits for development.

Author: Virtus C. Igbokwe
Publisher: Adonis & Abbey Pub Limited
ISBN: 9781906704667
Category : Political Science
Languages : en
Pages : 317

View

Book Description
Countries recovering from conflicts face economic and institutional devastation - of vital infrastructure such as schools, factories, communication networks, roads, railways, and water systems, as well as diminished human resources, a very weak legal structure and governmental institutions. In this context, policymakers are faced with the task of creating an integrated and comprehensive approach to post-conflict reconstruction with a view to sustainable economic development, political stability and peace consolidation. This volume critically examines the various approaches to encouraging and regulating foreign investment in post-conflict countries. From the perspectives of both the foreign investor and the host country, it suggests how policymakers in post-conflict countries can design a foreign investment strategy that brings real and meaningful economic development as part of the wider peace-building process. FDI in post-conflict countries is discussed from different methodological perspectives, including comparative law and comparative politics, based on case studies of Afghanistan, Rwanda, DRC, Sierra Leone, Liberia, Colombia, Angola and Mozambique. _______________________________ *Virtus C. Igbokwe was an in-house counsel at Shell Petroleum Development Company of Nigeria Limited, Port Harcourt in the early 90s. He obtained his LL.B from the University of Benin, Nigeria; LL.M from the University of British Columbia, Vancouver, Canada and a PhD in foreign investment arbitration from Osgoode Hall Law School of York University, Toronto, Canada. His research and writing interests are foreign investment arbitration, alternative dispute resolution and international business transactions. He is widely published in these areas. He is a member of Nigeria and Ontario Bars. *Nicholas Turner is Academic Programme Associate in the United Nations University's Institute for Sustainability and Peace in Tokyo. He holds an MA in international relations from the University of Kent in the UK, and previously worked for local government and charities there, as well as for Qinetiq Ltd on a Defence Training Review for the UK Armed Forces. He lectures at Aoyama Gakuin University and Hosei University in Tokyo, Japan. His research interests lie in human rights and ethics, focusing on just war theory, the responsibility to protect, and non-state actors in military conflict - including private military companies. His publications include World Religions and Norms of War (co-edited with Gregory M. Reichberg and Vesselin Popovski, United Nations University Press, 2009). *Obijiofor Aginam is Academic Programme Officer and Director of Studies in the United Nations University's Institute for Sustainability and Peace in Tokyo. Before joining the United Nations, he was a tenured Associate Professor of Law at Carleton University, Ottawa, Canada. In 1999-2001, he was Global Health Leadership Fellow and Legal Officer at the World Health Organization headquarters, Geneva. Dr. Aginam has held numerous research fellowships including the Social Science Research Council (SSRC) of New York Fellow on Global Security and Cooperation, and Fellow of the 21st Century Trust, U.K. He has been a visiting professor at universities in Costa Rica, Italy, South Africa, and Nigeria, and a recipient of the competitive research grant of the Social Sciences and Humanities Research Council (SSHRC) of Canada. He holds law degrees from Nigeria, Master of Laws from Queen's University at Kingston, Canada, and a Ph.D. from the University of British Columbia. He is the author of numerous academic publications including Global Health Governance: International Law and Public Health in a Divided World (Toronto: University of Toronto Press, 2005).

Author: World Bank World Bank
Publisher: World Bank Publications
ISBN: 1464806292
Category : Business & Economics
Languages : en
Pages : 250

View

Book Description
Private firms are at the forefront of the development process, providing more than 90 percent of jobs, supplying goods and services, and representing a significant source of tax revenues. Their ability to grow, create jobs, and reduce poverty depends critically on a well-functioning investment climate--defined as the policy, legal, and institutional arrangements underpinning the functioning of markets and the level of transaction costs and risks associated with starting, operating, and closing a business. The World Bank Group has provided extensive support to investment climate reforms. This evaluation by the Independent Evaluation Group (IEG) assesses the relevance, effectiveness, and social value of World Bank Group support to investment climate reforms as it relates to concerns for inclusion and shared prosperity. IEG finds that the World Bank Group has supported a comprehensive menu of investment climate reforms and has improved investment climate in countries, as measured by number of laws enacted, streamlining of processes and time, or simple cost savings for private firms. However, the impact on investment, jobs, business formation, and growth is not straightforward. Regulatory reforms need to be designed and implemented with both economic and social costs and benefits in mind; IEG found that, in practice, World Bank Group support focuses predominantly on reducing costs to businesses. In supporting investment climate reforms, the World Bank and the International Finance Corporation use two distinct but complementary business models. Despite the fact that investment climate is the most integrated business unit in the World Bank Group, coordination is mostly informal, relying mainly on personal contacts. IEG recommends that the World Bank Group expand its range of diagnostic tools and integrate them in the areas of the business environment not yet covered by existing tools; develop an approach to identify the social effects of regulatory reforms on all groups expected to be affected by them beyond the business community; and exploit synergies by ensuring that World Bank and IFC staff improve their understanding of each other's work and business models.

Author:
Publisher: World Bank Publications
ISBN: 9780821342909
Category : Political Science
Languages : en
Pages : 124

View

Book Description
Clearing landmines, rehabilitating and integrating of excombatants, rebuilding the infrastructure, coordinating aid sources—these are just some of the issues confronting the Bank in post-conflict reconstruction. The explosion of civil conflicts in the post-Cold War world has tested the World Bank's ability to address unprecedented devastation of human and social capital.This study covers post-conflict reconstruction in nine countries, assessing relevant, recent Bank experience. It also presents case-studies for ongoing and future operations, which analyze: 1. the Bank's main strengths or comparative advantages; 2. its partnership with other donors, international organizations, and NGOs; 3. its role in reconstruction strategy and damage and needs assessment; 4. its role in rebuilding the economy and institutions of governance; 5. its management of resources and processes; 6. implications for monitoring and evaluation.

Author: James R. Lee
Publisher: Routledge
ISBN: 1135211620
Category : History
Languages : en
Pages : 240

View

Book Description
This book examines the evolution of the relationship between climate change and conflict, and attempts to visualize future trends. Owing to the accumulation of greenhouse gases in the atmosphere, current trends in climate change will not appreciably alter over the next half century even if drastic action is taken now. Changes in climate will produce unique types and modes of conflict, redefine the value of important resources, and create new challenges to maintaining social order and stability. This book examines the consequences of climate change and argues that it has and will produce two types of different types of conflict: 'cold wars' and 'hot wars'. Cold wars will occur in northern and southern latitudes as warming draws countries into possible conflict due to expanding interests in exploiting new resources and territories (inter-state conflict). Hot wars will break out around the equator as warming expands and intensifies dry areas, increasing competition for scarce resources (intra-state conflict). Conflict is not inevitable, but it will also be a consequence of how states, international institutions and people react to changes in climate. Climate change and conflict have always shaped human experiences. This book lays out the parameters of the relationship, shows its history, and forecasts its trends, offering future conditions and opportunities for changing the historical path we are on. This book will be of great interest for students of climate change and environmental security, peace and conflict studies, and IR/security studies in general. James R. Lee is a Professor in the School of International Service, American University, Washington, DC and Associate Director of American University's Center for Teaching Excellence. He is author of several books on international relations, including, most recently, Exploring the Gaps: Vital Links Between Trade, Environment and Culture (2000).

Author: Carl Bruch
Publisher: Routledge
ISBN: 1136272062
Category : Law
Languages : en
Pages : 909

View

Book Description
When the guns are silenced, those who have survived armed conflict need food, water, shelter, the means to earn a living, and the promise of safety and a return to civil order. Meeting these needs while sustaining peace requires more than simply having governmental structures in place; it requires good governance. Natural resources are essential to sustaining people and peace in post-conflict countries, but governance failures often jeopardize such efforts. This book examines the theory, practice, and often surprising realities of post-conflict governance, natural resource management, and peacebuilding in fifty conflict-affected countries and territories. It includes thirty-nine chapters written by more than seventy researchers, diplomats, military personnel, and practitioners from governmental, intergovernmental, and nongovernmental organizations. The book highlights the mutually reinforcing relationship between natural resource management and good governance. Natural resource management is crucial to rebuilding governance and the rule of law, combating corruption, improving transparency and accountability, engaging disenfranchised populations, and building confidence after conflict. At the same time, good governance is essential for ensuring that natural resource management can meet immediate needs for post-conflict stability and development, while simultaneously laying the foundation for a sustainable peace. Drawing on analyses of the close relationship between governance and natural resource management, the book explores lessons from past conflicts and ongoing reconstruction efforts; illustrates how those lessons may be applied to the formulation and implementation of more effective governance initiatives; and presents an emerging theoretical and practical framework for policy makers, researchers, practitioners, and students. Governance, Natural Resources, and Post-Conflict Peacebuilding is part of a global initiative to identify and analyze lessons in post-conflict peacebuilding and natural resource management. The project has generated six books of case studies and analyses, with contributions from practitioners, policy makers, and researchers. Other books in this series address high-value resources, land, water, livelihoods, and assessing and restoring natural resources.

Author: David Souter
Publisher: World Bank Publications
ISBN: 1464800731
Category : Business & Economics
Languages : en
Pages : 119

View

Book Description
infoDev is exploring the transformative role that Information and Communication Technologies (ICTs) can have in post-conflict nations during the process of reconstruction. The case studies look at countries at different stages of post-conflict reconstruction in Afghanistan, Liberia, Rwanda and Timor-Leste, and post-revolution in Tunisia.

Author: Daria Davitti
Publisher: Bloomsbury Publishing
ISBN: 1509911642
Category : Law
Languages : en
Pages : 299

View

Book Description
This book analyses the way in which international human rights law (IHRL) and international investment law (IIL) are deployed – or fail to be deployed – in conflict countries within the context of natural resources extraction. It specifically analyses the way in which IIL protections impact on the parallel protection of economic, social and cultural rights (ESC rights) in the host state, especially the right to water. Arguing that current responses have been unsatisfactory, it considers the emergence of the 'Protect, Respect and Remedy' framework and the Guiding Principles for Business and Human Rights (jointly the Framework) as a possible analytical instrument. In so doing, it proposes a different approach to the way in which the Framework is generally interpreted, and then investigates the possible applicability of this 'recalibrated' Framework to the study of the IHRL-IIL interplay in a host country in a protracted armed conflict: Afghanistan. Through the emblematic example of Afghanistan, the book presents a practical dimension to its legal analysis. It uniquely portrays the elusive intersection between these two bodies of international law within a host country where the armed conflict continues to rage and a full economic restructuring is taking place away from the public eye, not least through the deployment of IIL and the inaction – or merely partial consideration – of IHRL. The book will be of interest to academics, policy-makers, and practitioners of international organisations involved in IHRL, IIL and/or deployed in contexts of armed conflict.