This book seeks to contribute to the sharing of knowledge between Brazil, India, and South Africa, three of the largest emerging economies today. By assessing and comparing the investment climate in each, the authors seek to profile concrete steps that countries can take to improve the business...

A strong investment climate is a platform for economic success. By creating opportunities and setting incentives for firms to invest and productively employ inputs, the investment climate is critical to economic growth and prosperity. Analyzing and comparing the investment climate of Brazil,...

"During the last few decades, many emerging markets have lifted restrictions on cross-border financial transactions. The conventional view was that this would allow these countries to: (i) receive capital inflows from advanced countries that would finance higher investment and growth; (ii)...

This paper constructs indicators of structural bottlenecks arising from barriers to open markets, obstacles to business operations, and constraints to access to finance. Empirical evidence from a sample of 30 emerging economies indicates that barriers to open markets and access to finance are...