This study discusses options how to increase the Dominican Republic tax revenue and attempts to identify priority areas for efficiency-enhancing reforms. A 2016 World Bank report on Dominican fiscal policy found that the country's tax expenditures were poorly targeted and regressively...

This report is one of four analytical pieces on Ukraine's innovation and entrepreneurial ecosystem developed by the World Bank's Ukraine Technical Assistance on Innovation, supported by the Swedish Ukraine Financial and Enterprise Sector Recovery and Growth Trust Fund. This report reviews...

R and D tax incentives (RDTIs) are among the most popular instruments that governments in both developing and developed economies employ to induce private investment in research and development (R and D). RDTIs can influence a host of development drivers: the quantity and quality of innovation,...

The Country Opinion Survey in El Salvador assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in El Salvador perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia,...

Over the last two decades, successive governments and business leaders in the former Yugoslav Republic of (FYR) Macedonia have been actively working to transform the country's economy and put it on a higher, technology-based, growth trajectory. For a small, landlocked country with a limited...

The average annual FDI inflow in Bangladesh is significantly lower than comparable economies.Over the past decade (2007 to 2017), inflows have averaged at 0.9 percent of GDP in Bangladeshcompared with 3.0 percent in China, 5.5 percent in Ethiopia, 2.6 percent in The Philippines, 6.6 percent in...

In recent years, Bhutan has been revising its policy and increasing its efforts to attract FDI inflows. The existing policy regime governing FDI inflows is spelt out in the 2010 FDI Policy (amended in 2014). Despite the policy there are several reasons why Bhutan is not getting significant FDI...

The internationalization of the Ecuadorian economy is necessary if the country is to successfully adopt a development model led by the private-sector. The Ecuadorian government is seeking to accelerate growth and sustain social progress by giving greater prominence to the private sector; it does...

This Investment Policy and Regulatory Review (IPRR) presents information on the legal and regulatory frameworks governing foreign direct investment (FDI) and competition that affect businesses and foreign investors in Thailand. The research was primarily based on a review of currently applicable...

This Investment Policy and Regulatory Review (IPRR) presents information on the legal and regulatory frameworks governing foreign direct investment (FDI) and competition that affect businesses and foreign investors in Brazil. The research was primarily based on a review of currently applicable...