 Improving the investment climate in APEC economiesRoy Nixon
Economic Roundup, 2007, issue 1, 51-66 Abstract: The World Bank has identified investment as the key driver of growth and poverty reduction. An investment climate with few barriers is most likely to ensure investment is plentiful and used efficiently. In APEC economies, domestic investment makes up nearly three-quarters of all investment and therefore has the greatest potential to lift growth. Many studies have measured barriers to foreign direct investment at the border but surprisingly few have measured barriers 'behind-the-border' to domestic investment. We need to understand much more about behind-the-border barriers to investment in APEC and their impact to be able to assist APEC developing member economies make better informed policy choices when removing barriers to investment. Recent APEC experience with investment climate reform is briefly examined for any thematic lessons and whether there could be a better way to undertake such reform in the future. Keywords: APEC; Asia Pacific Economic Cooperation; foreign direct investment; domestic investment; barriers; investment (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_2007_1_3 Access Statistics for this article More articles in Economic Roundup from The Treasury, Australian Government Contact information at EDIRC. |
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