Local Economic Development Fueling Private Sector Investments and Growth
The study highlights the lessons learned and outcomes of the implementation of local economic growth and regulatory simplification technical assistance work in Bosnia and Herzegovina (BiH) since 2007. It provides recommendations and a methodology on how to address existing market and regulatory failures elsewhere to enable private investments and enterprise and private sector growth at the local level. The report concludes that bottom-up reforms could be an approach to igniting reforms at national level(s) and offers a road map for similar policy reforms elsewhere. The report outlines how this work can lead to private investments, job and enterprise growth in localities that implement these reforms. Finally, this approach can be effective in engaging with the local authorities in broader municipal economic and infrastructure development.
| Main Authors: | , , , |
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| Format: | Report biblioteca |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2021-03-01
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| Subjects: | PRIVATE INVESTMENT, FOREIGN DIRECT INVESTMENT, SMALL AND MEDIUM-SIZED ENTERPRISES, BUSINESS REGULATION, BUSINESS ENVIRONMENT, |
| Online Access: | http://documents.worldbank.org/curated/en/947611624606675453/Local-Economic-Development-Fueling-Private-Sector-Investments-and-Growth http://hdl.handle.net/10986/35932 |
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| Summary: | The study highlights the lessons learned
and outcomes of the implementation of local economic growth
and regulatory simplification technical assistance work in
Bosnia and Herzegovina (BiH) since 2007. It provides
recommendations and a methodology on how to address existing
market and regulatory failures elsewhere to enable private
investments and enterprise and private sector growth at the
local level. The report concludes that bottom-up reforms
could be an approach to igniting reforms at national
level(s) and offers a road map for similar policy reforms
elsewhere. The report outlines how this work can lead to
private investments, job and enterprise growth in localities
that implement these reforms. Finally, this approach can be
effective in engaging with the local authorities in broader
municipal economic and infrastructure development. |
|---|