Should Countries Be More Like Shopping Malls? A Proposal for Service Performance Guarantees

Alan Gelb (), Vijaya Ramachandran (), Matt Juden () and Alice Rossignol

Working Papers from eSocialSciences

Abstract: Many developing countries have made progress in political openness and economic management but still struggle to attract private sector investments, at least outside of narrow, resource-based enclaves. Potential investors to these countries have many concerns that can broadly be classified into high costs and high actual or perceived risks. Drawing on insights from existing guarantees offered by bilateral development agencies, national governments, utility companies, and even shopping malls, we suggest that Service Performance Guarantees can be part of the solution. [CGD Briefs].

Keywords: domestic reserve; shopping malls; developing countries; high costs; risks; bilateral development agencies; national governments; utility companies; shopping malls; Service Performance Guarantees; political; economic management; private sector; investments; resource-based enclaves; potential investors (search for similar items in EconPapers)
Date: 2016-09
Note: Institutional Papers
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