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The investment climate in 16 Indian states

Author: Giuseppe Iarossi; World Bank.
Publisher: [Washington, D.C. : World Bank, 2009]
Series: Policy research working papers (Online), 4817.
Edition/Format:   eBook : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
"In this paper, the author attempts to identify the characteristics of the business climate in India that can help explain the different performance of individual states in terms of investment and growth. The paper develops a new Investment Climate Index aimed at summarizing the aspects of the business environment that entrepreneurs consider when deciding whether to invest. Using this index, the author explores  Read more...
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Details

Material Type: Government publication, International government publication, Internet resource
Document Type: Internet Resource
All Authors / Contributors: Giuseppe Iarossi; World Bank.
OCLC Number: 324794757
Notes: Title from PDF file as viewed on 5/8/2009.
Details: System requirements: Adobe Acrobat Reader.; Mode of access: World Wide Web.
Series Title: Policy research working papers (Online), 4817.
Responsibility: Giuseppe Iarossi.

Abstract:

"In this paper, the author attempts to identify the characteristics of the business climate in India that can help explain the different performance of individual states in terms of investment and growth. The paper develops a new Investment Climate Index aimed at summarizing the aspects of the business environment that entrepreneurs consider when deciding whether to invest. Using this index, the author explores the investment climate in several typologies of Indian states and identify the key features of a poor business environment in India. The analysis shows that infrastructure and institutions remain the main bottlenecks in the country's private sector development. More specifically, power, transportation, corruption, tax regulations, and theft are major factors explaining the poor business environment in some Indian states. Infrastructure appears to be the single most important constraint, as it is particularly binding in states that show low levels of domestic investment and GDP growth. "--World Bank web site.

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