Realizing the Potential of FDI to Diversify Lesotho's Exports : An Assessment of the Key Opportunities and Constraints

This policy note assesses the potential of foreign direct investment (FDI) to diversify Lesotho s exports. Lesotho must preserve capacity to produce more and better goods, seek new markets, preserve existing manufacturing jobs, undertake structural and institutional reforms, and take advantage of its location inside South Africa. Given the low savings in the country, as well as major fiscal challenges arising from declines in SACU revenues which leave fewer resources for public investments, and most crucially the need for international entrepreneurial know-how, the prospects for growth in new sectors will depend on the country s ability to attract new foreign direct investments, particularly from South Africa. This note also addresses the policy and structural constraints that must be overcome to attract FDI.

Bibliographic Details

Main Authors:	Gillson, Ian, Feda, Kebede
Language:	English en_US
Published:	World Bank, Washington, DC 2009-08
Subjects:	ACCOUNTING, AGGREGATE DEMAND, AGRICULTURAL PRODUCTS, AGRICULTURE, APPAREL, APPAREL PRODUCTS, ARBITRAGE, AUTONOMY, BALANCE SHEET, BENEFICIARIES, BONDED WAREHOUSES, BRAND, BUSINESS CLIMATE, CAPITAL GOODS, CAPITAL INPUTS, CATERING, COMMERCIAL BANKS, COMPARATIVE ADVANTAGE, COMPETITIVENESS, CONSUMERS, CORPORATE TAX, CORPORATE TAX RATE, CREDIT GUARANTEE, CURRENT ENVIRONMENT, CUSTOMS CLEARANCE, CUSTOMS PROCEDURES, CUSTOMS UNION, DEEDS, DEMAND ANALYSES, DEVELOPMENT ASSISTANCE, DEVELOPMENT POLICY, DIRECT ACCESS, DIVIDENDS, DOMESTIC CURRENCY, DOMESTIC PRODUCTION, ECONOMIC DEVELOPMENT, ECONOMIC POWERHOUSE, EFFICIENT MARKET, ENTERPRISE ASSISTANCE, EPZ, EXCESS DEMAND, EXCHANGE RATE, EXPORT DIVERSIFICATION, EXPORT GROWTH, EXPORT MARKET, EXPORT MARKETS, EXPORT OPPORTUNITIES, EXPORT PERFORMANCE, EXPORT PROCESSING, EXPORT PROCESSING ZONES, EXPORT SECTOR, EXPORTER, EXPORTERS, EXPORTS, EXTERNAL TARIFF, FEASIBILITY STUDY, FINANCIAL SUPPORT, FOREIGN DIRECT INVESTMENTS, FOREIGN FIRMS, FOREIGN INTERESTS, FOREIGN INVESTMENT, FOREIGN INVESTMENTS, FOREIGN INVESTORS, FOREIGN MARKETS, FOREIGN NATIONAL, FOREIGN SOURCES, FOREIGN TRADE, FORM OF COLLATERAL, FREE ACCESS, GDP, GLOBAL COMPETITIVENESS, GLOBAL MARKETS, GOVERNMENT FUNDS, GOVERNMENT INTERVENTION, GOVERNMENT OWNERSHIP, GROWTH RATE, GROWTH RATES, HOST COUNTRIES, HOST COUNTRY, HOST GOVERNMENTS, ID CARD, IMPORT DUTIES, INCOME TAX, INTERNAL RATES OF RETURN, INTERNATIONAL MARKETS, INTERNATIONAL TRADE, INVENTORY, INVESTMENT ACTIVITY, INVESTMENT CLIMATE, INVESTMENT DECISIONS, INVESTMENT INCENTIVES, INVESTMENT LOAN, INVESTOR DEMAND, ISSUANCES, JOB CREATION, JOINT VENTURE, JOINT VENTURES, LAND OWNERSHIP, LAND REFORM, LAND TITLE, LDCS, LEASE AGREEMENTS, LIBERALIZATION,
Online Access:	http://documents.worldbank.org/curated/en/2009/08/16712672/realizing-potential-fdi-diversify-lesothos-exports-assessment-key-opportunities-constraints https://hdl.handle.net/10986/18895
Tags:	Add Tag No Tags, Be the first to tag this record!