Investor Presentaiton

DRIVER 2 - BUDGET Mostly from government resources (hence need for support and consensus) Up to a minimum budget of about $64,000 IPAs seem to have no (or even negative) impact on FDI. Between a budget of $64,000 and $2 million - IPAs are effective Between $2 million and $11 million, the estimated elasticity reaches its maximum value On average, a 10% increase in the IPA budget is associated with a 7.5% increase in FDI flows Finally, above a budget of about $11 million, investment promotion expenditures are ineffective Local IPA: budget ranges from $100,000 to $1million Small level of investment: biggest share to investment promotion; high level of investment: biggest share to aftercare UNITED NATIONS * ESCAP Economic and Social Commission for Asia and the Pacific Source: World Bank: http://ideas.repec.org/p/wbk/wbrwps/3028.ht ml United Nations Economic and Social Commission for Asia and the Pacific

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