1. Investment Policy Practical Solutions to Client Needs: Integrated Country Programs and Sectoral Strategies Investment Climate Department, World Bank Group June 2011 THE WORLD BANK World Bank Group Multilateral Investment Guarantee Agency

2. THE WORLD BANK World Bank Group Multilateral Investment Guarantee Agency Why investment policy matters The quality of the overarching invest- ment policy framework does matter for cross border investment flows Yet, according to the WBG’s Doing Business, Investing Across Borders and other data sources, the invest- ment policy framework remains weak in many developing countries FY08 FY09 FY10 0% 1 project 43% 6 projects 67% 11 projects High client demand for assistance in investment policy areas High development effectiveness of investment policy projects implemented by the WBG over the past years Major obstacles to investment Source: World Investment and Political Risk, MIGA, 2010 Development Effectiveness IP projects

3. THE WORLD BANK World Bank Group Multilateral Investment Guarantee Agency Our objective: To create a legal, policy and institutional environment to establish a transparent, level playing field as a basis for attracting and growing domestic and foreign investment. How we work with our clients to improve their investment policy framework Investment Policy Policy Framework Legal Framework Institutional Framework Political Risk Benchmarking Tools Assessment of the set of laws and regulations in light of national strategic objectives Drafting and reformulation of investment laws and codes, and other relevant laws Advise on the appropriate insti- tutional frame- work for invest- ment, including aftercare Use of IAB and GIPB to stimulate and frame broad reform interventions, stimulate government actions in the short- and medium-term, and as baseline indicators for country and project performance. Under develoment Risk advisory tool to improve PR- related tlaws and regulations

4. THE WORLD BANK World Bank Group Multilateral Investment Guarantee Agency What we bring to the party Global expertise in investment law and policy – 20 years of experience in delivering advisory services to governments Integrated programs with other IC products, IFC and MIGA, and key players outside the World Bank Group Tailored project components responding to client needs Albania Bosnia & Herzegovina FYR Macedonia Montenegro Belarus Ukraine Moldova Armenia Tajikistan Brazil Haiti IP active client portfolio 2011 Yemen South Sudan Ethiopia Mali Nigeria Liberia Sierra Leone People‘s Republic of Laos Indonesia China Solomon Islands Papua New Guinea Tonga Vanuatu Bangladesh India

5. THE WORLD BANK World Bank Group Multilateral Investment Guarantee Agency 5 More information is available at www.wbginvestmentclimate.org At your service