An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis
The objective of the Botswana Investment Climate Assessment (ICA) is to evaluate the investment climate in Botswana in all its operational dimensions and promote policies to strengthen the private sector. The investment climate is made up of the many location specific factors that shape the 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 sources of information for the ICA are two firm-level surveys. The first survey covered Small, Medium, and Large Enterprises (SMLEs) with five or more employees in retail trade, manufacturing, and other services. The second covered micro enterprise with fewer than five employees in the same sectors. Information from the survey is supplemented with information from other sources, including the doing business report; analytical reports by the World Bank, the international monetary fund, other international organizations and the Government of Botswana; and academic papers and reports. Although the analysis in this report suggests that there are some areas where the investment climate might be improved, it is important to note none of these problems with the possible exception of worker skills appear to be particularly debilitating. This suggests that other factors are probably also playing a role. One such factor is likely to be the small size (in terms of population) and remoteness of the economy. Another factor is the effect that is the macroeconomic effects of the large mining economy has on the competitiveness of the rest of the economy. Improving living standards and cutting poverty depends on broad-based economic growth, which will only take place when firms improve worker productivity by investing in human and physical capital and technological capacity. But firms will only invest when the investment climate is favorable.
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dig-okr-109867747 |
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koha |
| institution |
Banco Mundial |
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DSpace |
| country |
Estados Unidos |
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US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
ABSENTEEISM ACCESS TO CREDIT ACCOUNTING AGRICULTURE BANK OF BOTSWANA BANKING SYSTEM BANKS BARRIERS TO ENTRY BENCHMARK BOOK VALUE BUYERS CALCULATIONS CAPITAL USE CHAMBERS OF COMMERCE COMPANY COMPETITIVE MARKETS COMPETITIVENESS COMPETITOR COMPETITORS CONSTANT RETURNS TO SCALE CONTRIBUTION CONTRIBUTIONS COST OF CAPITAL COST OF LABOR COUNTRY COMPARISONS CURRENCY APPRECIATION DEFLATORS DEPRECIATION DEVALUATION DEVELOPMENT BANK DIVERSIFICATION ECONOMETRIC ANALYSIS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPANSION EXPECTED RETURN EXPORTS EXTREME POVERTY FINANCIAL CONSTRAINTS FINANCIAL SECTOR FINANCIAL SERVICES FIRM SIZE FIXED COSTS FOREIGN COMPANY FOREIGN EXCHANGE FOREIGN INVESTMENT GDP HUMAN CAPITAL INCOME INCOME INCREASES INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATION RATE INTERNATIONAL MARKETS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS INVESTMENT CLIMATES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LARGE ENTERPRISE LARGE ENTERPRISES LARGE FIRM LARGE FIRMS LATIN AMERICAN LIQUIDITY LIVING STANDARDS LOAN LOAN APPLICATIONS LOAN PRODUCTS LOCAL CURRENCY LOW INCOME LOW-INCOME MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANPOWER MANUFACTURERS MANUFACTURING ENTERPRISE MANUFACTURING ENTERPRISES MARKET SHARE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MEASURES OF PROFITABILITY METROPOLITAN AREAS MICROENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERHEAD COSTS PENSION PENSION SYSTEM PER CAPITA INCOME PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PURCHASES REGRESSION ANALYSIS RETURN ON ASSETS RETURN ON SALES REVENUE SOURCES SALARIES SEES SIZE OF FIRMS SMALL ENTERPRISES SMALL FIRMS SMALLER ENTERPRISES SMALLER FIRMS SOURCE OF INFORMATION SUB-SAHARAN AFRICA TAX RATE TAX REVENUES TAXATION TELECOMMUNICATIONS TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED WORKERS UNEMPLOYMENT VALUE ADDED WAGE WAGE COSTS WAGE STRUCTURE WAGES WORKER PRODUCTIVITY WORKING CAPITAL ABSENTEEISM ACCESS TO CREDIT ACCOUNTING AGRICULTURE BANK OF BOTSWANA BANKING SYSTEM BANKS BARRIERS TO ENTRY BENCHMARK BOOK VALUE BUYERS CALCULATIONS CAPITAL USE CHAMBERS OF COMMERCE COMPANY COMPETITIVE MARKETS COMPETITIVENESS COMPETITOR COMPETITORS CONSTANT RETURNS TO SCALE CONTRIBUTION CONTRIBUTIONS COST OF CAPITAL COST OF LABOR COUNTRY COMPARISONS CURRENCY APPRECIATION DEFLATORS DEPRECIATION DEVALUATION DEVELOPMENT BANK DIVERSIFICATION ECONOMETRIC ANALYSIS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPANSION EXPECTED RETURN EXPORTS EXTREME POVERTY FINANCIAL CONSTRAINTS FINANCIAL SECTOR FINANCIAL SERVICES FIRM SIZE FIXED COSTS FOREIGN COMPANY FOREIGN EXCHANGE FOREIGN INVESTMENT GDP HUMAN CAPITAL INCOME INCOME INCREASES INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATION RATE INTERNATIONAL MARKETS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS INVESTMENT CLIMATES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LARGE ENTERPRISE LARGE ENTERPRISES LARGE FIRM LARGE FIRMS LATIN AMERICAN LIQUIDITY LIVING STANDARDS LOAN LOAN APPLICATIONS LOAN PRODUCTS LOCAL CURRENCY LOW INCOME LOW-INCOME MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANPOWER MANUFACTURERS MANUFACTURING ENTERPRISE MANUFACTURING ENTERPRISES MARKET SHARE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MEASURES OF PROFITABILITY METROPOLITAN AREAS MICROENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERHEAD COSTS PENSION PENSION SYSTEM PER CAPITA INCOME PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PURCHASES REGRESSION ANALYSIS RETURN ON ASSETS RETURN ON SALES REVENUE SOURCES SALARIES SEES SIZE OF FIRMS SMALL ENTERPRISES SMALL FIRMS SMALLER ENTERPRISES SMALLER FIRMS SOURCE OF INFORMATION SUB-SAHARAN AFRICA TAX RATE TAX REVENUES TAXATION TELECOMMUNICATIONS TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED WORKERS UNEMPLOYMENT VALUE ADDED WAGE WAGE COSTS WAGE STRUCTURE WAGES WORKER PRODUCTIVITY WORKING CAPITAL |
| spellingShingle |
ABSENTEEISM ACCESS TO CREDIT ACCOUNTING AGRICULTURE BANK OF BOTSWANA BANKING SYSTEM BANKS BARRIERS TO ENTRY BENCHMARK BOOK VALUE BUYERS CALCULATIONS CAPITAL USE CHAMBERS OF COMMERCE COMPANY COMPETITIVE MARKETS COMPETITIVENESS COMPETITOR COMPETITORS CONSTANT RETURNS TO SCALE CONTRIBUTION CONTRIBUTIONS COST OF CAPITAL COST OF LABOR COUNTRY COMPARISONS CURRENCY APPRECIATION DEFLATORS DEPRECIATION DEVALUATION DEVELOPMENT BANK DIVERSIFICATION ECONOMETRIC ANALYSIS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPANSION EXPECTED RETURN EXPORTS EXTREME POVERTY FINANCIAL CONSTRAINTS FINANCIAL SECTOR FINANCIAL SERVICES FIRM SIZE FIXED COSTS FOREIGN COMPANY FOREIGN EXCHANGE FOREIGN INVESTMENT GDP HUMAN CAPITAL INCOME INCOME INCREASES INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATION RATE INTERNATIONAL MARKETS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS INVESTMENT CLIMATES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LARGE ENTERPRISE LARGE ENTERPRISES LARGE FIRM LARGE FIRMS LATIN AMERICAN LIQUIDITY LIVING STANDARDS LOAN LOAN APPLICATIONS LOAN PRODUCTS LOCAL CURRENCY LOW INCOME LOW-INCOME MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANPOWER MANUFACTURERS MANUFACTURING ENTERPRISE MANUFACTURING ENTERPRISES MARKET SHARE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MEASURES OF PROFITABILITY METROPOLITAN AREAS MICROENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERHEAD COSTS PENSION PENSION SYSTEM PER CAPITA INCOME PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PURCHASES REGRESSION ANALYSIS RETURN ON ASSETS RETURN ON SALES REVENUE SOURCES SALARIES SEES SIZE OF FIRMS SMALL ENTERPRISES SMALL FIRMS SMALLER ENTERPRISES SMALLER FIRMS SOURCE OF INFORMATION SUB-SAHARAN AFRICA TAX RATE TAX REVENUES TAXATION TELECOMMUNICATIONS TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED WORKERS UNEMPLOYMENT VALUE ADDED WAGE WAGE COSTS WAGE STRUCTURE WAGES WORKER PRODUCTIVITY WORKING CAPITAL ABSENTEEISM ACCESS TO CREDIT ACCOUNTING AGRICULTURE BANK OF BOTSWANA BANKING SYSTEM BANKS BARRIERS TO ENTRY BENCHMARK BOOK VALUE BUYERS CALCULATIONS CAPITAL USE CHAMBERS OF COMMERCE COMPANY COMPETITIVE MARKETS COMPETITIVENESS COMPETITOR COMPETITORS CONSTANT RETURNS TO SCALE CONTRIBUTION CONTRIBUTIONS COST OF CAPITAL COST OF LABOR COUNTRY COMPARISONS CURRENCY APPRECIATION DEFLATORS DEPRECIATION DEVALUATION DEVELOPMENT BANK DIVERSIFICATION ECONOMETRIC ANALYSIS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPANSION EXPECTED RETURN EXPORTS EXTREME POVERTY FINANCIAL CONSTRAINTS FINANCIAL SECTOR FINANCIAL SERVICES FIRM SIZE FIXED COSTS FOREIGN COMPANY FOREIGN EXCHANGE FOREIGN INVESTMENT GDP HUMAN CAPITAL INCOME INCOME INCREASES INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATION RATE INTERNATIONAL MARKETS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS INVESTMENT CLIMATES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LARGE ENTERPRISE LARGE ENTERPRISES LARGE FIRM LARGE FIRMS LATIN AMERICAN LIQUIDITY LIVING STANDARDS LOAN LOAN APPLICATIONS LOAN PRODUCTS LOCAL CURRENCY LOW INCOME LOW-INCOME MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANPOWER MANUFACTURERS MANUFACTURING ENTERPRISE MANUFACTURING ENTERPRISES MARKET SHARE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MEASURES OF PROFITABILITY METROPOLITAN AREAS MICROENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERHEAD COSTS PENSION PENSION SYSTEM PER CAPITA INCOME PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PURCHASES REGRESSION ANALYSIS RETURN ON ASSETS RETURN ON SALES REVENUE SOURCES SALARIES SEES SIZE OF FIRMS SMALL ENTERPRISES SMALL FIRMS SMALLER ENTERPRISES SMALLER FIRMS SOURCE OF INFORMATION SUB-SAHARAN AFRICA TAX RATE TAX REVENUES TAXATION TELECOMMUNICATIONS TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED WORKERS UNEMPLOYMENT VALUE ADDED WAGE WAGE COSTS WAGE STRUCTURE WAGES WORKER PRODUCTIVITY WORKING CAPITAL World Bank An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis |
| description |
The objective of the Botswana Investment
Climate Assessment (ICA) is to evaluate the investment
climate in Botswana in all its operational dimensions and
promote policies to strengthen the private sector. The
investment climate is made up of the many location specific
factors that shape the 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 sources of information
for the ICA are two firm-level surveys. The first survey
covered Small, Medium, and Large Enterprises (SMLEs) with
five or more employees in retail trade, manufacturing, and
other services. The second covered micro enterprise with
fewer than five employees in the same sectors. Information
from the survey is supplemented with information from other
sources, including the doing business report; analytical
reports by the World Bank, the international monetary fund,
other international organizations and the Government of
Botswana; and academic papers and reports. Although the
analysis in this report suggests that there are some areas
where the investment climate might be improved, it is
important to note none of these problems with the possible
exception of worker skills appear to be particularly
debilitating. This suggests that other factors are probably
also playing a role. One such factor is likely to be the
small size (in terms of population) and remoteness of the
economy. Another factor is the effect that is the
macroeconomic effects of the large mining economy has on the
competitiveness of the rest of the economy. Improving living
standards and cutting poverty depends on broad-based
economic growth, which will only take place when firms
improve worker productivity by investing in human and
physical capital and technological capacity. But firms will
only invest when the investment climate is favorable. |
| topic_facet |
ABSENTEEISM ACCESS TO CREDIT ACCOUNTING AGRICULTURE BANK OF BOTSWANA BANKING SYSTEM BANKS BARRIERS TO ENTRY BENCHMARK BOOK VALUE BUYERS CALCULATIONS CAPITAL USE CHAMBERS OF COMMERCE COMPANY COMPETITIVE MARKETS COMPETITIVENESS COMPETITOR COMPETITORS CONSTANT RETURNS TO SCALE CONTRIBUTION CONTRIBUTIONS COST OF CAPITAL COST OF LABOR COUNTRY COMPARISONS CURRENCY APPRECIATION DEFLATORS DEPRECIATION DEVALUATION DEVELOPMENT BANK DIVERSIFICATION ECONOMETRIC ANALYSIS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPANSION EXPECTED RETURN EXPORTS EXTREME POVERTY FINANCIAL CONSTRAINTS FINANCIAL SECTOR FINANCIAL SERVICES FIRM SIZE FIXED COSTS FOREIGN COMPANY FOREIGN EXCHANGE FOREIGN INVESTMENT GDP HUMAN CAPITAL INCOME INCOME INCREASES INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATION RATE INTERNATIONAL MARKETS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS INVESTMENT CLIMATES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LARGE ENTERPRISE LARGE ENTERPRISES LARGE FIRM LARGE FIRMS LATIN AMERICAN LIQUIDITY LIVING STANDARDS LOAN LOAN APPLICATIONS LOAN PRODUCTS LOCAL CURRENCY LOW INCOME LOW-INCOME MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANPOWER MANUFACTURERS MANUFACTURING ENTERPRISE MANUFACTURING ENTERPRISES MARKET SHARE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MEASURES OF PROFITABILITY METROPOLITAN AREAS MICROENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERHEAD COSTS PENSION PENSION SYSTEM PER CAPITA INCOME PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PURCHASES REGRESSION ANALYSIS RETURN ON ASSETS RETURN ON SALES REVENUE SOURCES SALARIES SEES SIZE OF FIRMS SMALL ENTERPRISES SMALL FIRMS SMALLER ENTERPRISES SMALLER FIRMS SOURCE OF INFORMATION SUB-SAHARAN AFRICA TAX RATE TAX REVENUES TAXATION TELECOMMUNICATIONS TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED WORKERS UNEMPLOYMENT VALUE ADDED WAGE WAGE COSTS WAGE STRUCTURE WAGES WORKER PRODUCTIVITY WORKING CAPITAL |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis |
| title_short |
An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis |
| title_full |
An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis |
| title_fullStr |
An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis |
| title_full_unstemmed |
An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis |
| title_sort |
assessment of the investment climate in botswana, volume 2. detailed results and econometric analysis |
| publisher |
Washington, DC |
| publishDate |
2007-06 |
| url |
http://documents.worldbank.org/curated/en/2007/06/9439861/assessment-investment-climate-botswana-vol-2-2-detailed-results-econometric-analysis https://hdl.handle.net/10986/7747 |
| work_keys_str_mv |
AT worldbank anassessmentoftheinvestmentclimateinbotswanavolume2detailedresultsandeconometricanalysis AT worldbank assessmentoftheinvestmentclimateinbotswanavolume2detailedresultsandeconometricanalysis |
| _version_ |
1807160273941823488 |
| spelling |
dig-okr-1098677472024-08-08T16:42:55Z An Assessment of the Investment Climate in Botswana, Volume 2. Detailed Results and Econometric Analysis World Bank ABSENTEEISM ACCESS TO CREDIT ACCOUNTING AGRICULTURE BANK OF BOTSWANA BANKING SYSTEM BANKS BARRIERS TO ENTRY BENCHMARK BOOK VALUE BUYERS CALCULATIONS CAPITAL USE CHAMBERS OF COMMERCE COMPANY COMPETITIVE MARKETS COMPETITIVENESS COMPETITOR COMPETITORS CONSTANT RETURNS TO SCALE CONTRIBUTION CONTRIBUTIONS COST OF CAPITAL COST OF LABOR COUNTRY COMPARISONS CURRENCY APPRECIATION DEFLATORS DEPRECIATION DEVALUATION DEVELOPMENT BANK DIVERSIFICATION ECONOMETRIC ANALYSIS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPANSION EXPECTED RETURN EXPORTS EXTREME POVERTY FINANCIAL CONSTRAINTS FINANCIAL SECTOR FINANCIAL SERVICES FIRM SIZE FIXED COSTS FOREIGN COMPANY FOREIGN EXCHANGE FOREIGN INVESTMENT GDP HUMAN CAPITAL INCOME INCOME INCREASES INDUSTRIALIZATION INEFFICIENCY INFLATION INFLATION RATE INTERNATIONAL MARKETS INVESTING INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS INVESTMENT CLIMATES LABOR COSTS LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LARGE ENTERPRISE LARGE ENTERPRISES LARGE FIRM LARGE FIRMS LATIN AMERICAN LIQUIDITY LIVING STANDARDS LOAN LOAN APPLICATIONS LOAN PRODUCTS LOCAL CURRENCY LOW INCOME LOW-INCOME MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANPOWER MANUFACTURERS MANUFACTURING ENTERPRISE MANUFACTURING ENTERPRISES MARKET SHARE MARKET SHARES MAXIMUM LIKELIHOOD ESTIMATION MEASURES OF PROFITABILITY METROPOLITAN AREAS MICROENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES ORGANIZATIONAL STRUCTURE OVERHEAD COSTS PENSION PENSION SYSTEM PER CAPITA INCOME PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PURCHASES REGRESSION ANALYSIS RETURN ON ASSETS RETURN ON SALES REVENUE SOURCES SALARIES SEES SIZE OF FIRMS SMALL ENTERPRISES SMALL FIRMS SMALLER ENTERPRISES SMALLER FIRMS SOURCE OF INFORMATION SUB-SAHARAN AFRICA TAX RATE TAX REVENUES TAXATION TELECOMMUNICATIONS TOTAL COST TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED WORKERS UNEMPLOYMENT VALUE ADDED WAGE WAGE COSTS WAGE STRUCTURE WAGES WORKER PRODUCTIVITY WORKING CAPITAL The objective of the Botswana Investment Climate Assessment (ICA) is to evaluate the investment climate in Botswana in all its operational dimensions and promote policies to strengthen the private sector. The investment climate is made up of the many location specific factors that shape the 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 sources of information for the ICA are two firm-level surveys. The first survey covered Small, Medium, and Large Enterprises (SMLEs) with five or more employees in retail trade, manufacturing, and other services. The second covered micro enterprise with fewer than five employees in the same sectors. Information from the survey is supplemented with information from other sources, including the doing business report; analytical reports by the World Bank, the international monetary fund, other international organizations and the Government of Botswana; and academic papers and reports. Although the analysis in this report suggests that there are some areas where the investment climate might be improved, it is important to note none of these problems with the possible exception of worker skills appear to be particularly debilitating. This suggests that other factors are probably also playing a role. One such factor is likely to be the small size (in terms of population) and remoteness of the economy. Another factor is the effect that is the macroeconomic effects of the large mining economy has on the competitiveness of the rest of the economy. Improving living standards and cutting poverty depends on broad-based economic growth, which will only take place when firms improve worker productivity by investing in human and physical capital and technological capacity. But firms will only invest when the investment climate is favorable. 2012-06-11T21:21:31Z 2012-06-11T21:21:31Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/9439861/assessment-investment-climate-botswana-vol-2-2-detailed-results-econometric-analysis https://hdl.handle.net/10986/7747 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain Washington, DC |