Investment Policy Reviews

http://unctad.org/fr/docs/diaepcb200917_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.

Burundi

Following a decade of conflict, Burundi has embarked upon an ambitious programme of political stabilization, national reconciliation and economic reforms.

Although FDI inflows are still very limited, conditions to attract higher levels are gradually put in place and opportunities are materializing. FDI attraction is now part of Burundi´s development strategy, as exemplified by the recent creation of an investment promotion agency.

However, Burundi still faces numerous challenges. The security situation remains fragile and public institutions lack appropriate resources.

The country´s economy is based on agriculture, a sector with low and declining productivity, and the private sector is underdeveloped while the business environment needs in-depth reforms. Moreover, the conflict has affected considerably human capital and infrastructures.

Against this background, the IPR of Burundi suggests concrete recommendations with a view to integrating FDI in the country´s economic reconstruction.

In addition to providing an analysis of the investment regulatory framework, the report puts forward elements of a strategic FDI attraction approach and gives recommendations for the setting up of the investment promotion agency.

The report is only available in French

Download Investment Policy Review

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.