Assessing the Investment Climate for Rural Enterprises
The 2008 World Development Report identifies competition as an important variable of the rural investment climate. Competition triggers innovation and the productivity gains that drive economic growth, and with it the creation of jobs. Employment is generally the principal pathway that people have out of poverty. Fostering such competitive environments entails inducing the entry of local, mainly small-and-medium enterprises as well as the development of agribusinesses that enable small farmers, entrepreneurs, and investors to participate in expanding markets. The barriers to entry confronting prospective small rural enterprises include all the risks and costs and market failures characteristic of many rural economies, in addition to poor access to financial and public services, weak business skills, and extremely limited or non-existent information about what demand consists of in the non-local markets they hope to sell to. Improving the opportunities and incentives for rural firms to invest productively, expand, and bring on new workers should be a policy priority for governments, particularly given the prominence of policy, regulations, and enforcement in rural investors' perception of risk. Providing a sound, enabling policy environment is a vital role of the government and public sector and includes setting food quality and safety grades and standards and reliable contract enforcement. Such stable policy environments go very far in relieving investors' uncertainty over what governments will do next, what policies will be formulated, and how policies and regulations will be interpreted and enforced. This is a pressing concern among investors. Making policy formulation and enforcement more predictable can dramatically encourage investment (World Bank 2005).
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dig-okr-1098695202024-08-08T16:11:21Z Assessing the Investment Climate for Rural Enterprises Larson, Gunnar Lamb, John VanDer Meer, Cornelis AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION BANK OPERATIONS BARRIERS TO ENTRY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENTS CONTRACT ENFORCEMENT CREATION OF JOBS CREDIT SOURCE DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYMENT ENTRY POINTS FARMERS FINANCIAL SERVICES FOOD QUALITY GLOBAL ECONOMY HUMAN CAPITAL INCOME INFORMAL ECONOMY INSTRUMENT INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATES INVESTMENT DECISIONS LABOR MARKET LACK OF INFRASTRUCTURE LOCAL ECONOMY LOCAL EXCHANGE LOCAL GOVERNMENTS LOCAL MARKETS MACROECONOMIC INSTABILITY MARKET ENTRY MARKET FAILURES MARKET FRAGMENTATION MARKET REGULATIONS MICRO ENTERPRISES MICROENTERPRISES POOR POVERTY REDUCTION PRODUCTIVE INVESTMENTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC POLICY PUBLIC SERVICES REGULATORY FRAMEWORK RURAL RURAL AREAS RURAL CONTEXTS RURAL DEVELOPMENT RURAL ECONOMY RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL INVESTMENT RURAL POOR RURAL POVERTY RURAL PRODUCERS RURAL SETTINGS SAVINGS SEVERANCE PAYMENTS SOCIAL PROTECTION TAX TAXATION TECHNICAL ASSISTANCE TRANSACTION TRANSPORT TRUST FUNDS The 2008 World Development Report identifies competition as an important variable of the rural investment climate. Competition triggers innovation and the productivity gains that drive economic growth, and with it the creation of jobs. Employment is generally the principal pathway that people have out of poverty. Fostering such competitive environments entails inducing the entry of local, mainly small-and-medium enterprises as well as the development of agribusinesses that enable small farmers, entrepreneurs, and investors to participate in expanding markets. The barriers to entry confronting prospective small rural enterprises include all the risks and costs and market failures characteristic of many rural economies, in addition to poor access to financial and public services, weak business skills, and extremely limited or non-existent information about what demand consists of in the non-local markets they hope to sell to. Improving the opportunities and incentives for rural firms to invest productively, expand, and bring on new workers should be a policy priority for governments, particularly given the prominence of policy, regulations, and enforcement in rural investors' perception of risk. Providing a sound, enabling policy environment is a vital role of the government and public sector and includes setting food quality and safety grades and standards and reliable contract enforcement. Such stable policy environments go very far in relieving investors' uncertainty over what governments will do next, what policies will be formulated, and how policies and regulations will be interpreted and enforced. This is a pressing concern among investors. Making policy formulation and enforcement more predictable can dramatically encourage investment (World Bank 2005). 2012-08-13T08:51:11Z 2012-08-13T08:51:11Z 2008-05 http://documents.worldbank.org/curated/en/2008/05/11913367/assessing-investment-climate-rural-enterprises https://hdl.handle.net/10986/9520 English Agricultural and Rural Development Notes; No. 25 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
institution |
Banco Mundial |
collection |
DSpace |
country |
Estados Unidos |
countrycode |
US |
component |
Bibliográfico |
access |
En linea |
databasecode |
dig-okr |
tag |
biblioteca |
region |
America del Norte |
libraryname |
Biblioteca del Banco Mundial |
language |
English |
topic |
AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION BANK OPERATIONS BARRIERS TO ENTRY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENTS CONTRACT ENFORCEMENT CREATION OF JOBS CREDIT SOURCE DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYMENT ENTRY POINTS FARMERS FINANCIAL SERVICES FOOD QUALITY GLOBAL ECONOMY HUMAN CAPITAL INCOME INFORMAL ECONOMY INSTRUMENT INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATES INVESTMENT DECISIONS LABOR MARKET LACK OF INFRASTRUCTURE LOCAL ECONOMY LOCAL EXCHANGE LOCAL GOVERNMENTS LOCAL MARKETS MACROECONOMIC INSTABILITY MARKET ENTRY MARKET FAILURES MARKET FRAGMENTATION MARKET REGULATIONS MICRO ENTERPRISES MICROENTERPRISES POOR POVERTY REDUCTION PRODUCTIVE INVESTMENTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC POLICY PUBLIC SERVICES REGULATORY FRAMEWORK RURAL RURAL AREAS RURAL CONTEXTS RURAL DEVELOPMENT RURAL ECONOMY RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL INVESTMENT RURAL POOR RURAL POVERTY RURAL PRODUCERS RURAL SETTINGS SAVINGS SEVERANCE PAYMENTS SOCIAL PROTECTION TAX TAXATION TECHNICAL ASSISTANCE TRANSACTION TRANSPORT TRUST FUNDS AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION BANK OPERATIONS BARRIERS TO ENTRY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENTS CONTRACT ENFORCEMENT CREATION OF JOBS CREDIT SOURCE DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYMENT ENTRY POINTS FARMERS FINANCIAL SERVICES FOOD QUALITY GLOBAL ECONOMY HUMAN CAPITAL INCOME INFORMAL ECONOMY INSTRUMENT INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATES INVESTMENT DECISIONS LABOR MARKET LACK OF INFRASTRUCTURE LOCAL ECONOMY LOCAL EXCHANGE LOCAL GOVERNMENTS LOCAL MARKETS MACROECONOMIC INSTABILITY MARKET ENTRY MARKET FAILURES MARKET FRAGMENTATION MARKET REGULATIONS MICRO ENTERPRISES MICROENTERPRISES POOR POVERTY REDUCTION PRODUCTIVE INVESTMENTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC POLICY PUBLIC SERVICES REGULATORY FRAMEWORK RURAL RURAL AREAS RURAL CONTEXTS RURAL DEVELOPMENT RURAL ECONOMY RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL INVESTMENT RURAL POOR RURAL POVERTY RURAL PRODUCERS RURAL SETTINGS SAVINGS SEVERANCE PAYMENTS SOCIAL PROTECTION TAX TAXATION TECHNICAL ASSISTANCE TRANSACTION TRANSPORT TRUST FUNDS |
spellingShingle |
AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION BANK OPERATIONS BARRIERS TO ENTRY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENTS CONTRACT ENFORCEMENT CREATION OF JOBS CREDIT SOURCE DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYMENT ENTRY POINTS FARMERS FINANCIAL SERVICES FOOD QUALITY GLOBAL ECONOMY HUMAN CAPITAL INCOME INFORMAL ECONOMY INSTRUMENT INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATES INVESTMENT DECISIONS LABOR MARKET LACK OF INFRASTRUCTURE LOCAL ECONOMY LOCAL EXCHANGE LOCAL GOVERNMENTS LOCAL MARKETS MACROECONOMIC INSTABILITY MARKET ENTRY MARKET FAILURES MARKET FRAGMENTATION MARKET REGULATIONS MICRO ENTERPRISES MICROENTERPRISES POOR POVERTY REDUCTION PRODUCTIVE INVESTMENTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC POLICY PUBLIC SERVICES REGULATORY FRAMEWORK RURAL RURAL AREAS RURAL CONTEXTS RURAL DEVELOPMENT RURAL ECONOMY RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL INVESTMENT RURAL POOR RURAL POVERTY RURAL PRODUCERS RURAL SETTINGS SAVINGS SEVERANCE PAYMENTS SOCIAL PROTECTION TAX TAXATION TECHNICAL ASSISTANCE TRANSACTION TRANSPORT TRUST FUNDS AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION BANK OPERATIONS BARRIERS TO ENTRY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENTS CONTRACT ENFORCEMENT CREATION OF JOBS CREDIT SOURCE DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYMENT ENTRY POINTS FARMERS FINANCIAL SERVICES FOOD QUALITY GLOBAL ECONOMY HUMAN CAPITAL INCOME INFORMAL ECONOMY INSTRUMENT INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATES INVESTMENT DECISIONS LABOR MARKET LACK OF INFRASTRUCTURE LOCAL ECONOMY LOCAL EXCHANGE LOCAL GOVERNMENTS LOCAL MARKETS MACROECONOMIC INSTABILITY MARKET ENTRY MARKET FAILURES MARKET FRAGMENTATION MARKET REGULATIONS MICRO ENTERPRISES MICROENTERPRISES POOR POVERTY REDUCTION PRODUCTIVE INVESTMENTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC POLICY PUBLIC SERVICES REGULATORY FRAMEWORK RURAL RURAL AREAS RURAL CONTEXTS RURAL DEVELOPMENT RURAL ECONOMY RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL INVESTMENT RURAL POOR RURAL POVERTY RURAL PRODUCERS RURAL SETTINGS SAVINGS SEVERANCE PAYMENTS SOCIAL PROTECTION TAX TAXATION TECHNICAL ASSISTANCE TRANSACTION TRANSPORT TRUST FUNDS Larson, Gunnar Lamb, John VanDer Meer, Cornelis Assessing the Investment Climate for Rural Enterprises |
description |
The 2008 World Development Report
identifies competition as an important variable of the rural
investment climate. Competition triggers innovation and the
productivity gains that drive economic growth, and with it
the creation of jobs. Employment is generally the principal
pathway that people have out of poverty. Fostering such
competitive environments entails inducing the entry of
local, mainly small-and-medium enterprises as well as the
development of agribusinesses that enable small farmers,
entrepreneurs, and investors to participate in expanding
markets. The barriers to entry confronting prospective small
rural enterprises include all the risks and costs and market
failures characteristic of many rural economies, in addition
to poor access to financial and public services, weak
business skills, and extremely limited or non-existent
information about what demand consists of in the non-local
markets they hope to sell to. Improving the opportunities
and incentives for rural firms to invest productively,
expand, and bring on new workers should be a policy priority
for governments, particularly given the prominence of
policy, regulations, and enforcement in rural
investors' perception of risk. Providing a sound,
enabling policy environment is a vital role of the
government and public sector and includes setting food
quality and safety grades and standards and reliable
contract enforcement. Such stable policy environments go
very far in relieving investors' uncertainty over what
governments will do next, what policies will be formulated,
and how policies and regulations will be interpreted and
enforced. This is a pressing concern among investors. Making
policy formulation and enforcement more predictable can
dramatically encourage investment (World Bank 2005). |
topic_facet |
AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION BANK OPERATIONS BARRIERS TO ENTRY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENTS CONTRACT ENFORCEMENT CREATION OF JOBS CREDIT SOURCE DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYMENT ENTRY POINTS FARMERS FINANCIAL SERVICES FOOD QUALITY GLOBAL ECONOMY HUMAN CAPITAL INCOME INFORMAL ECONOMY INSTRUMENT INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATES INVESTMENT DECISIONS LABOR MARKET LACK OF INFRASTRUCTURE LOCAL ECONOMY LOCAL EXCHANGE LOCAL GOVERNMENTS LOCAL MARKETS MACROECONOMIC INSTABILITY MARKET ENTRY MARKET FAILURES MARKET FRAGMENTATION MARKET REGULATIONS MICRO ENTERPRISES MICROENTERPRISES POOR POVERTY REDUCTION PRODUCTIVE INVESTMENTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC POLICY PUBLIC SERVICES REGULATORY FRAMEWORK RURAL RURAL AREAS RURAL CONTEXTS RURAL DEVELOPMENT RURAL ECONOMY RURAL ENTERPRISE DEVELOPMENT RURAL ENTERPRISES RURAL ENTREPRENEURS RURAL FINANCE RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL INVESTMENT RURAL POOR RURAL POVERTY RURAL PRODUCERS RURAL SETTINGS SAVINGS SEVERANCE PAYMENTS SOCIAL PROTECTION TAX TAXATION TECHNICAL ASSISTANCE TRANSACTION TRANSPORT TRUST FUNDS |
author |
Larson, Gunnar Lamb, John VanDer Meer, Cornelis |
author_facet |
Larson, Gunnar Lamb, John VanDer Meer, Cornelis |
author_sort |
Larson, Gunnar |
title |
Assessing the Investment Climate for Rural Enterprises |
title_short |
Assessing the Investment Climate for Rural Enterprises |
title_full |
Assessing the Investment Climate for Rural Enterprises |
title_fullStr |
Assessing the Investment Climate for Rural Enterprises |
title_full_unstemmed |
Assessing the Investment Climate for Rural Enterprises |
title_sort |
assessing the investment climate for rural enterprises |
publisher |
World Bank, Washington, DC |
publishDate |
2008-05 |
url |
http://documents.worldbank.org/curated/en/2008/05/11913367/assessing-investment-climate-rural-enterprises https://hdl.handle.net/10986/9520 |
work_keys_str_mv |
AT larsongunnar assessingtheinvestmentclimateforruralenterprises AT lambjohn assessingtheinvestmentclimateforruralenterprises AT vandermeercornelis assessingtheinvestmentclimateforruralenterprises |
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