Administrative Barriers toForeign Investment : Reducing Red Tape in Africa

Emery, James J. ; Spence, Melvin T., Jr. ; Wells, Louis T., Jr. ; Buehrer, Timothy S.

Washington, DC:International Finance Corporation and the World Bank

关键词: BUREAUCRACY;    BUSINESS ENVIRONMENT;    FOREIGN INVESTMENTS;    FOREIGN DIRECT INVESTMENTS;    ADMINISTRATIVE PROCEDURE;   

DOI  :  10.1596/0-8213-4629-6
RP-ID  :  20746

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The book consists of two papers whichprovide an overview of administrative barriers in Africa,and a very in-depth look at how one country, Mozambique,used a very large foreign investment as a mechanism to beginto tear them down. The first paper is based on a series ofcountry-specific studies on administrative barriers done byForeign Investment Advisory Service (FIAS) and the UnitedStates Agency for International Development. These studiescovered Ghana, Mozambique, Namibia, Tanzania, and Uganda.Each country study relied on review of primary materials,laws, and regulations. The second paper is a detailed lookat how the administrative barriers that existed inMozambique threatened to derail the huge Mozal aluminumsmelter that was proposed by South African investors. Notonly were the barriers overcome for this special project butalso the Government used the knowledge gained in the processto reduce barriers for all investors and establishinstitutions that could facilitate other investments. Themessage in both papers is that administrative barriersconstitute a significant impediment to foreign directinvestment in Africa. Many of the administrative proceduresrequired of investors have no real justification. Removal ofunnecessary barriers and streamlining other administrativeprocedures require detailed efforts by governments involvingthe exercise of significant political leadership.