James J. Emery - Administrative Barriers to Foreign Investment: Reducing Red Tape in Africa (Occasional Paper (Foreign Investment Advisory Service))

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title	:	Administrative Barriers to Foreign Investment : B the Red Tape Analysis Occasional Paper (Foreign Investment Advisory Service) ; 13
author	:	Emery, James J.; Spence, Melvin.
publisher	:	World Bank
isbn10 | asin	:	0821346296
print isbn13	:	9780821346297
ebook isbn13	:	9780585343556
language	:	English
subject	Investments--Africa, Investments, Foreign--Law and legislation--Africa, Bureaucracy--Africa.
publication date	:	1999
lcc	:	HG5822.E47 1999eb
ddc	:	332.67/3/096
subject	:	Investments--Africa, Investments, Foreign--Law and legislation--Africa, Bureaucracy--Africa.

Administrative Barriers to Foreign Investment

FIAS OCCASIONAL PAPERS 1 Wells, Jr. and Wint, Marketing a Country: Promotion as a Tool for Attracting Foreign Investment 2 Wells, Jr. and Wint, Facilitating Foreign Investment: Government Institutions to Screen, Monitor, and Service Investment from Abroad 3 Belot and Weigel, Programs in Industrial Countries to Promote Foreign Direct Investment in Developing Countries 4 Mintz and Tsiopoulos, Corporate Income Taxation and Foreign Direct Investment in Central and Eastern Europe 5 Sader, Privatizing Public Enterprises and Foreign Direct Investment in Developing Counties 6 Battat, Frank, and Shen, Suppliers to Multinationals: Linkage Programs to Enhance Local Companies in Developing Countries 7 Carter, Sader, and Holtedahl, Foreign Direct Investment in Central and Eastern European Infrastructure 8 Megyery and Sader, Facilitating Foreign Participation in Privatization 9 Donaldson, Sader, and Wagle, Foreign Direct Investment in Infrastructure: The Challenge of Southern and Eastern Africa 10 Mischalet, Strategies of Multinationals and Competition for Foreign Direct Investment: The Opening of Central and Eastern Europe 11 Spar, Attracting High Technology Investment: Intel's Costa Rican Plant 12 Sader, Attracting Foreign Direct Investment Into Infrastructure: Why Is It So Difficult? 13 Wells, Jr. and Wint, Marketing a Country: Promotion as a Tool for Attracting Foreign Investment, Revised Edition 14 Emery, Spence, Jr., Wells, Jr., and Buehrer, Administrative Barriers to Foreign Investment: Reducing Red Tape in Africa

Page i Administrative Barriers to Foreign Investment Reducing Red Tape in Africa FOREIGN INVESTMENT ADVISORY SERVICE OCCASIONAL PAPER 14 by James J. Emery Melvin T. Spence, Jr. Louis T. Wells, Jr. Timothy S. Buehrer

Page ii 2000 The International Finance Corporation and the World Bank, 1818 H Street, N.W., Washington, D.C. 20433 All rights reserved Manufactured in the United States of America 1 2 3 4 5 03 02 01 00 The International Finance Corporation (IFC), an affiliate of the World Bank, promotes the economic development of its member countries through investment in the private sector. It is the world's largest multilateral organization providing financial assistance directly in the form of loans and equity to private enterprises in developing countries. The World Bank is a multilateral development institution whose purpose is to assist its developing member countries further their economic and social progress so that their people may live better and fuller lives. The findings, interpretations, and conclusions expressed in this publication are those of the authors and do not necessarily represent the views and policies of the International Finance Corporation or the World Bank or their Boards of Executive Directors or the countries they represent. The IFC and the World Bank do not guarantee the accuracy of the data included in this publication and accept no responsibility whatsoever for any consequences of their use. Some sources cited in this paper may be informal documents that are not readily available. The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the General Manager, Foreign Investment Advisory Service (FIAS), at the address shown in the copyright notice above. FIAS encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive, Danvers, Massachusetts 01923, U.S.A. Library of Congress Cataloging-in-Publication Data has been applied for.

Page iii CONTENTS Figures and Tables vii Preface ix Administrative Barriers to Investment in Africa James J. Emery, Melvin T. Spence, Jr. 1 Acknowledgments 2 Acronyms 2 Executive Summary 3

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