The report reviews lessons from the International Finance Corporation's (IFC) investment, and advisory experience in the developing world, which show the interactions between policy frameworks, and the volume and structure of foreign direct investments (FDI). Case studies show how the...

In this study we argue that the export performance of affiliates of multinational enterprises (MNEs) in developing countries is determined differently from that of licensees of foreign firms or of domestic firms. Our empirical results for the information technology sector in India show that...

This article investigates the mechanisms by which a foreign owner influenced the transition of its subsidiary from central planning to market economy, and explores the role of local managers of the privatised company. The subject is AGC Flat Glass Czech (renamed from Glaverbel Czech in September...

benchmarking methodologies used by corporates to provide cross-country comparisons of the quality of business regulation. In doing so, it has demonstrated a radical new approach to catalyzing development, which has proven to have high impact in changing government regulations at low cost. It...

The different economic performance of transitioning Asia versus Central and Eastern Europe and the FSU (CEEFSU) has been arguably the most salient fact of transition. Particularly remarkable has been the contrast between China and Russia. This paper argues that the contrasting experiences of...

The paper is based on a scenario workshop held on January 20, 2009, where leading financial and private sector development experts from IFC, the International Monetary Fund, and the World Bank discussed the unfolding crisis. This paper is a product of the staff of the Financial and Private...