Investment Policy Reviews

http://unctad.org/en/Docs/iteipc200616_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.

Morocco

The Investment Policy Review noted that Morocco had the potential to attract increased FDI inflows and FDI of a high quality in order to meet the development objective of the Emergence Plan of moving into high value added activities. In addition, implementation of an investment charter and a number of reforms in the 1990s, as well as the privatization programme had contributed to bringing FDI to the country. However, the IPR noted that little of Morocco's FDI performance could be assigned to the

presence of a concerted FDI promotion and targeting strategy or effort.

The IPR recommended to:

Pursue the modernization of the regulatory framework
Strengthen the institutional framework
Develop a proactive investment strategy in order to increase inflows and encourage reinvestment
Strengthen Morocco's national innovation system

Other reports: Executive summary of IPR of Morocco [Spanish], Executive summary of IPR of Morocco [French], Implementation Report

Full report is only available in French

Download Investment Policy Review
Download Implementation Report

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.