Assessing the Investment Climate for Rural Enterprises

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dc.creatorLarson, Gunnar
dc.creatorLamb, John
dc.creatorVanDer Meer, Cornelis
dc.date2012-08-13T08:51:11Z
dc.date2012-08-13T08:51:11Z
dc.date2008-05
dc.date.accessioned2026-07-01T00:33:55Z
dc.descriptionThe 2008 World Development Report identifies competition as an important variable of the rural investment climate. Competition triggers innovation and the productivity gains that drive economic growth, and with it the creation of jobs. Employment is generally the principal pathway that people have out of poverty. Fostering such competitive environments entails inducing the entry of local, mainly small-and-medium enterprises as well as the development of agribusinesses that enable small farmers, entrepreneurs, and investors to participate in expanding markets. The barriers to entry confronting prospective small rural enterprises include all the risks and costs and market failures characteristic of many rural economies, in addition to poor access to financial and public services, weak business skills, and extremely limited or non-existent information about what demand consists of in the non-local markets they hope to sell to. Improving the opportunities and incentives for rural firms to invest productively, expand, and bring on new workers should be a policy priority for governments, particularly given the prominence of policy, regulations, and enforcement in rural investors' perception of risk. Providing a sound, enabling policy environment is a vital role of the government and public sector and includes setting food quality and safety grades and standards and reliable contract enforcement. Such stable policy environments go very far in relieving investors' uncertainty over what governments will do next, what policies will be formulated, and how policies and regulations will be interpreted and enforced. This is a pressing concern among investors. Making policy formulation and enforcement more predictable can dramatically encourage investment (World Bank 2005).
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2008/05/11913367/assessing-investment-climate-rural-enterprises
dc.identifierhttps://hdl.handle.net/10986/9520
dc.identifierhttps://doi.org/10.1596/9520
dc.identifier.urihttp://hdl.handle.net/123456789/406232
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationAgricultural and Rural Development Notes; No. 25
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectAGRICULTURAL DEVELOPMENT
dc.subjectAGRICULTURAL GROWTH
dc.subjectAGRICULTURAL INPUTS
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectBANK OPERATIONS
dc.subjectBARRIERS TO ENTRY
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS ENVIRONMENTS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCREATION OF JOBS
dc.subjectCREDIT SOURCE
dc.subjectDEVELOPING COUNTRIES
dc.subjectECONOMIC GROWTH
dc.subjectEMPLOYMENT
dc.subjectENTRY POINTS
dc.subjectFARMERS
dc.subjectFINANCIAL SERVICES
dc.subjectFOOD QUALITY
dc.subjectGLOBAL ECONOMY
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINFORMAL ECONOMY
dc.subjectINSTRUMENT
dc.subjectINVESTMENT CAPITAL
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT CLIMATE ASSESSMENT
dc.subjectINVESTMENT CLIMATES
dc.subjectINVESTMENT DECISIONS
dc.subjectLABOR MARKET
dc.subjectLACK OF INFRASTRUCTURE
dc.subjectLOCAL ECONOMY
dc.subjectLOCAL EXCHANGE
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL MARKETS
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMARKET ENTRY
dc.subjectMARKET FAILURES
dc.subjectMARKET FRAGMENTATION
dc.subjectMARKET REGULATIONS
dc.subjectMICRO ENTERPRISES
dc.subjectMICROENTERPRISES
dc.subjectPOOR
dc.subjectPOVERTY REDUCTION
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SERVICES
dc.subjectREGULATORY FRAMEWORK
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL CONTEXTS
dc.subjectRURAL DEVELOPMENT
dc.subjectRURAL ECONOMY
dc.subjectRURAL ENTERPRISE DEVELOPMENT
dc.subjectRURAL ENTERPRISES
dc.subjectRURAL ENTREPRENEURS
dc.subjectRURAL FINANCE
dc.subjectRURAL INCOME
dc.subjectRURAL INCOMES
dc.subjectRURAL INFRASTRUCTURE
dc.subjectRURAL INVESTMENT
dc.subjectRURAL POOR
dc.subjectRURAL POVERTY
dc.subjectRURAL PRODUCERS
dc.subjectRURAL SETTINGS
dc.subjectSAVINGS
dc.subjectSEVERANCE PAYMENTS
dc.subjectSOCIAL PROTECTION
dc.subjectTAX
dc.subjectTAXATION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRANSACTION
dc.subjectTRANSPORT
dc.subjectTRUST FUNDS
dc.titleAssessing the Investment Climate for Rural Enterprises

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Agricultural and Rural Development Notes