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Local Economic Development Fueling Private Sector Investments and Growth / Seka Vranic.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Vranic, Seka.
- Series:
- Investment Climate Assessment.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Business Environment.
- Business Regulation.
- Foreign Direct Investment.
- Macroeconomics and Economic Growth.
- Private Investment.
- Private Sector Development.
- Small and Medium Size Enterprises.
- Local Subjects:
- Business Environment.
- Business Regulation.
- Foreign Direct Investment.
- Macroeconomics and Economic Growth.
- Private Investment.
- Private Sector Development.
- Small and Medium Size Enterprises.
- Place of Publication:
- Washington, D.C. : The World Bank, 2021.
- System Details:
- data file
- 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.
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