Miga Roundtable On Foreign Direct Investment Policies In Africa

This report presents proceedings from six workshops on deregulation implementation held in Benin, Côte d'Ivoire, Senegal, Tanzania, Uganda, and Zimbabwe in 1993-94. Organized by the Multilateral Investment Guarantee Agency (MIGA) and the Foreign Investment Advisory Service (FIAS), the workshops focused on implementing policies relating to private investment and discussing possible improvements as ways of increasing the inflow of foreign direct investment. The discussions covered 10 subjects: the investment approval process, access to land, domestic financing, tax administration, entry visas and work permits, price controls, customs and port operations, foreign trade formalities, foreign exchange controls and formalities, and the legal and judicial systems. The workshops also addressed the behavior of governments themselves and the mentality and attitudes of the civil service. The volume contains both English and French versions of the text.

Publisher Description

Annotation Assesses the progress of private sector development in low-income countries, particularly in Sub-Saharan Africa, from 1987 to the present. The book identifies causes of uneven performance and outlines the main elements of a strategy--led by the private sector-- for accelerated and shared growth to reduce poverty. Also available in French: (ISBN 0-8213-3550-2) Stock No. 13550.

This publication is a collection of speeches given by Akira Iida, Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA). In his speeches, Mr. Iida describes how MIGA has conducted its business in the past five years, setting the standard in various aspects of investment promotion. Annexes provide a business profile that includes MIGA¿s country membership, guarantee activities, premium income, and outstanding portfolio by sector, host region, and investor country.