【文章內(nèi)容簡(jiǎn)介】 Executive summary . Kearney final report 300604 10 Key stakeholders support the Investment Compact as a whole but want greater focus, more concrete actions and effective munication ? Private sector in SEE: The reports are good but you want to produce less paper and focus on a few policy areas all the way to implementation ? SEE countries: The IC / OECD provides us with an independent assessment with the OECD stamp of what we need to focus on. The IC would have more impact if there was more of a focus on “how to”, more local country presence, and even more coordination with other international anisations ? OECD countries: Generally satisfied with IC team, activities and results especially after reshaping of strategy two years ago. Main remendation: Avoid spreading yourself too thin ? BAC: The monitoring process in particular is an excellent tool but it needs to be conducted more regularly and you need to measure all the way to implementation ? BIAC: The IC is good value for money. There has been impact on the investment environment in SEE through structured dialogue with private sector and SEE governments and some influence on implementation ? EC / IFIs: The IC team is great to work with and coordination is effective. What is not always clear is the scope of the activities covered by the IC ? Stability Pact: IC has been one of the most independent and effective initiatives and is a model for other initiatives in the Stability Pact Executive summary . Kearney final report 300604 11 The most effective areas of the Investment Compact involved the private sector, encouraged “coleadership” and initiative of SEE stakeholders and focused on producing concrete results ? FDI Policy and Promotion and Enterprise Policy and Performance assessment (EPPA) have been the two most effective and differentiated initiatives of the Investment Compact. Both initiatives: Involved the private sector from the start Were driven by a focus on concrete action and results Encouraged SEE stakeholders to participate in leading the initiative to pletion Coordinated effectively with other international institutions ? The Monitoring Process has encouraged governments to focus on select priorities for reform but needs refining to measure real implementation ? FDI Policy and Promotion, EPPA and the monitoring process now represent 50% of the IC budget ? Private sector involvement has been one of the most notable differentiating factors for the IC but can be further improved through a strengthening of structures and full integration with the Monitoring Process ? The Political Process is important to ensure awareness, endorsement, and buyin at the government level but now needs to be more action oriented and go beyond the Minister level (eg。 Parliament, local government) ? The Competition Policy and National Treatment initiatives were carefully designed around a “bottom up” participatory approach, ensured continuity in participants, and were effective in encouraging participating countries to prepare meetings and produce action plans. The main weakness of the Competition Policy initiative has been around the follow up of country action plans and the support in implementation ? The Corporate Governance initiative has clearly raised awareness about Corporate Governance among SEE stakeholders and encouraged formal and informal working among regulatory authorities and the private sector in the region. The subject is not perceived as vital by investors as in other areas ? Tax and Regulatory Reform have been less effective initiatives mainly because the reports produced are seen as too descriptive and theoretical and countries are seeking more guidance on practical “how to” steps Executive summary . Kearney final report 300604 12 While contributing to improve the investment environment of the SEE region as a whole, the impact of the Investment Compact program has been stronger in some countries relative to others ? Romania has been one of the greatest beneficiaries of the Investment Compact namely through the regional leadership experience it has gained as cochair for the last two years ? Moldova has clearly benefited from the Investment Compact in the area of Investment promotion where at least 1000 jobs have been generated (3 Italian investments from Padua) ? Macedonia and Albania have made recent rapid progress in their cooperation with the Investment Compact and can point to specific impact on policy implementation ? Cooperation by Serbia and Montenegro and Bosnia and Herzegovina has been active but the oute has been hurt by political instability ? Bulgaria has been primarily focused on accession to the EU and has not cooperated effectively or made good use of the IC at the government level until very recently ? Croatia is the country which has least benefited from the Investment Compact due to lack of mitment to the IC and significant discontinuity in Ministries and the country economic team Executive summary . Kearney final report 300604 13 The main areas for improvement for the IC revolve around focus, a more systematic approach, and greater support in implementation and munication ? The main areas for improvement for the Investment Compact include: 1. Concentrated and continuous focus on the policy areas where the Investment Compact can achieve the strongest impact with limited resources 2. Continue to insist on concrete and practical initiatives over broader theoretical discussion 3. Systematic follow up on initiatives to ensure that actions that have been agreed upon are actually implemented 4. Take remendations to the next level by providing SEE countries with more detailed guidelines on ”how to” implement remendations and work support to assist such actions 5. Monitor policy reform for FDI and local investment policy more effectively: