Friday, July 01, 2005
An Evaluation of the World Bank's Attempts to Improve Peru's Investment Climate
By: The Enterprise Research Institute
For the World Bank, 2004
The purpose of this evaluation was to assess the World Bank's investment climate strategy and its implementation in Peru over the past ten years. The paper focused on whether the investment climate strategy correctly identified priorities, whether such identification translated into appropriate projects and sector work, and how well the strategy was implemented. The paper begins with a discussion of the factors relevant to the investment climate in Peru at the start of the period in order to establish a baseline. It then tracks these factors over the course of the study period. The paper also reviews the perceptions of Peruvian businesses regarding the investment climate in order to provide a cross check of the other indicators that were used. It concludes with a discussion of lessons learned for the World Bank for future IC interventions in Peru.
For the World Bank, 2004
The purpose of this evaluation was to assess the World Bank's investment climate strategy and its implementation in Peru over the past ten years. The paper focused on whether the investment climate strategy correctly identified priorities, whether such identification translated into appropriate projects and sector work, and how well the strategy was implemented. The paper begins with a discussion of the factors relevant to the investment climate in Peru at the start of the period in order to establish a baseline. It then tracks these factors over the course of the study period. The paper also reviews the perceptions of Peruvian businesses regarding the investment climate in order to provide a cross check of the other indicators that were used. It concludes with a discussion of lessons learned for the World Bank for future IC interventions in Peru.