Investment Policy Reviews

http://unctad.org/en/Docs/iteipc20085_fr.pdf

About
The Investment Policy Review (IPR) programme provides developing countries and countries with economies in transition concrete recommendations to improve policies, strategies and institutions for attracting foreign direct investment (FDI) and deriving greater benefits for sustainable development.
The IPR process is country-specific and involves:
1. the review of the policy, regulatory and institutional environment for investment;
2. the identification of strategic investment priorities consistent with the Sustainable Development Goals (SDGs) and in line with the national development objectives; and
3. a set of concrete recommendations.
Follow-up support to foster the integration of the IPR recommendations into the country’s reform agenda and their implementation is provided as part of the review process.
UNCTAD has undertaken IPRs in more than 50 countries since 1999 and the implementation of IPR recommendations has had significant impact in their business climate. As shown by the World Bank’s Doing Business Indicators, out of the top 10 reformers among developing countries, half were IPR countries each year between 2013 and 2015.The FDI performance by country also suggests a positive impact. Out of 32 countries for which the IPR was published more than three years ago, 29 have experienced an increase in FDI inflows in the following years. And for 19 of them, such increases have been dramatic, with FDI inflows having more than doubled.

For further information please contact Chantal Dupasquier, Chief, Investment Policy Review Section at: Chantal.Dupasquier@unctad.org.
Methodology

Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.

Mauritania

Mauritania is one of the least developed countries in the world and FDI is of great importance to its development. Since the 1970s, FDI flows have remained low or almost inexistent. Essentially due to the discovery of oil resources, FDI inflows have noticeably increased since 2000. However, these flows are very sensitive to external shocks, including the fluctuations of world commodity prices. To attract higher FDI inflows, the Government of Mauritania, which is committed to reforms, should aim

at diversifying the economy and at better exploiting its investment potential. The Government should, inter alia, make use of the increasing revenues generated by the exploitation of the natural resources in order to launch and accelerate required reforms and to enhance the business and investment climate.

The IPR has identified some priority measures to ensure that FDI inflows support the development objectives of the country.

These measures include:

Improving the regulatory framework (adopting a new investment code).
Strengthening institutions dealing with investment promotion, facilitation and monitoring.
Improving the quality and quantity of information about investment.
Fostering competition.

The report is only available in French

Download Investment Policy Review
Download Implementation Report

Review Implementation Matrix (10/01/2024)

About
The Investment Policy Review (IPR) programme provides developing countries and countries with economies in transition concrete recommendations to improve policies, strategies and institutions for attracting foreign direct investment (FDI) and deriving greater benefits for sustainable development.
The IPR process is country-specific and involves:
1. the review of the policy, regulatory and institutional environment for investment;
2. the identification of strategic investment priorities consistent with the Sustainable Development Goals (SDGs) and in line with the national development objectives; and
3. a set of concrete recommendations.
Follow-up support to foster the integration of the IPR recommendations into the country’s reform agenda and their implementation is provided as part of the review process.
UNCTAD has undertaken IPRs in more than 50 countries since 1999 and the implementation of IPR recommendations has had significant impact in their business climate. As shown by the World Bank’s Doing Business Indicators, out of the top 10 reformers among developing countries, half were IPR countries each year between 2013 and 2015.The FDI performance by country also suggests a positive impact. Out of 32 countries for which the IPR was published more than three years ago, 29 have experienced an increase in FDI inflows in the following years. And for 19 of them, such increases have been dramatic, with FDI inflows having more than doubled.

For further information please contact Chantal Dupasquier, Chief, Investment Policy Review Section at: Chantal.Dupasquier@unctad.org.
Methodology

Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.