Public-Private Dialogue

Transcription

1 1 Publi-Privat Dialogu Attrating an Rtaining Invstmnts Th Rol of Invstmnt Climat an Inntivs IDB, TEPAV, an th WBG, Sptmbr 20-23, 2010 Istanbul Albrto Crisuolo Worl Bank Group Inustry Spifi IC Global Prout Tam Bnjamin Hrzbrg Worl Bank Group PPD Global Prout Tam

2 PPDs: Privat Stor as th Engin of Growth It is absolutly ruial to rogniz that all onomi growth taks pla at th lvl of th proutiv ntrpris othrwis it is impossibl to hav a lar unrstaning of th growth pross. Howvr, th xistn of a vibrant privat stor is highly pnnt on whthr th poliy nvironmnt obstruts or nabls privat ntrpriss to form, oprat an xit a businss. This is whr Publi-Privat Dialogus an play a vital rol in hlping to improv th institutional miliu through intifying whr th sho pinhs for th privat stor an sking solutions togthr with th publi stor that will hlp to ru th frition in th onomi mahin 2

3 PPDs aroun th worl

4 Contnts What is it, what os it look lik? Why rat or support PPDs? How o PPDs work? What is th impat of PPDs? How to implmnt PPDs? Tn pratial tips to gt rsults How to ntr an xit? 4

5 What is it, what os it look lik? 5

6 What it is PPDs ar strutur mhanisms, anhor at th highst politial lvl, oorinat by a light srtariat, an aim at failitating th isovry pross by involving a balan rang of publi an privat stor ators in intifying, filtring, alrating, implmnting, an masuring omptitivnss ations an poliy rforms. 6

7 Whn to us it 1- In blank fil, to gathr ators an fin omptitivnss/psd agna 2- On spifi ross-utting or omptitivnss issus, if lak of onsnsus, misalignmnt of ators or low politial will 3- In post-onflit onomis, with xtra bnfits of roniliation 4- In ontxt of FDI poliis, as souning boar an aftrar mhanism 5- As a way to brig institutional gaps, or to by-pass inffiint institutions 7

8 What os it look lik 8

9 9

10 Why rat or support PPDs? 10

11 1- To isovr prioritis Comptitivnss Labor Cost Corruption Subramanian,

12 2- To ru rgulatory burn 12

13 3- To nsur transparny an rprsntativity GOVERNMENT + STAKEHOLDERS But how to strutur that ngagmnt? 13

14 4- To sign an implmnt rforms Strutur ialogu Workabl rforms Rforms that work Diagnosti Solution Dsign Implmntation Monitoring & Evaluation Engagmnt Consnsus builing Ongoing support Wathog Dfinition Filtring Wathog Fbak loop Empowrmnt Rsours PPD ontributs to all stps of rform pross 14

15 5- To inras opportunitis for goo poliis Larning about goo prati Disovry Institution Capaity builing Rform managmnt Sour: WDR05. 15

16 6- To inras sustainabl stor omptitivnss Skills Labor - HR Rgulations Taxation f Thnology - Innovation R&D f Extrnal Fators f f b b A b b b b f f f Finaning f f b b b b f Comptitivnss A Partnrship b b f f Infrastrutur 16

17 Inrasing Sustainabl Stor Comptitivnss Skills Labor - HR Rgulations Taxation f Thnology - Innovation R&D f Extrnal Fators f f b b A b b b b f f f Finaning f f b b b b f Comptitivnss A Partnrship b b f f Infrastrutur 17

18 What is th impat of PPDs? 18

19 Evin of vlopmnt fftivnss 2005: Inpnnt valuation of 5 Invstors Avisory Counils in Afria 2007: Inpnnt valuation of 3 Businss Forums in Mkong 2009: Inpnnt valuation of 30 WBG-sponsor PPDs Ovr 400 rforms ahiv in ovr 50 istint aras Eonomi impat (privat stor savings) Consrvativ stimat: $500 millions Cost fftivnss Start-up invstmnt of 100k-200k Ah 2008 Albania 2008 Banglash 2007 Blarus 2007 Camboia 1999 Cha 2008 Camroun 2008 CAR 2007 Ethiopia 2008 Laos 2005 Libria 2007 Npal 2008 Pakistan 2008 Sirra Lon 2007 Romania 2006 Sngal 2002 North Suan 2007 South Suan 2007 Tanzania 2002 Timor Lst 2008 Tonga 2005 Ugana 2004 Vanuatu 2008 Vitnam 1997 Zambia 2007 Bnin N/A Ghana 2002 Mali

20 Rgulatory payoffs Mkong Ara Privat Stor Savings from rforms pross through PPDs in th Mkong Ara ($ Million) $237.9 $309.2 Ghana Drop in Customs Claran lngth as a rsult of th Avisory Counil in Ghana (Nb of ays) 15 Cost Savings, Effiiny an Proutivity Improvmnt $69.2 $2.7 5 Vitnam Camboia Laos Total Bfor Aftr Ston,

21 Comptitivnss payoffs - Camboia Garmnt Two rutions of Export Managmnt F has sav GMAC mmbrs USD 2,2 millions (2008) Rution of burauray an oumntation rquir for import-xport prours; Crtifiat of Origin now issu within 48 hrs, with ru ost an oumntation (2 GMAC staff ar position at MoC to assist fatoris in C/O appliations); Introution of th ASYCUDA systm whih has automat xport oumntation, saving tim an mony; Cration of a hanbook on xport prours Suspnsion of Avan Profit Tax (1%) until 2012 Ru th mployrs ontribution to th National Soial Surity Fun from 1.8% to 0.8% Establish a Task For on amnmnts to th Labor Law Ru night shift rat from 200% to 130% Van Sou Lng,

22 Mor ountry xampls of th impat of PPDs Comptitivnss Partnrships ahiv ovr 400 rforms in ovr 50 aras of th Invstmnt Climat in 30 ountris (WBG valuation 2009) Country Bnfit Bfor Aftr Bosnia (Bullozr) Slash statutory apital rquirmnts whn rgistring a LLC $ $ Inras numbr of rgistr ompanis (oubl in som aras) Vitnam (VBF) Eas labor rstritions for xpatriat mploys Dr 105 limit th numbr of forign mploys to 3% of th total staff, with ap at 50. Cirular 04 xlu managmnt from limitation, an rmov ap unr spial prmissions. Turky (YOIIK) Amn law on ompany rgistration pross 19 stps to rgistr 2 an half month 1 stp, 8 prours to rgistr 1 ay pross, 9 ays total Botswana (NACEE) 22 Stting institutional mans for onomi mpowrmnt Citizn Entrprnur Dv. Agny Publi grant program with high (CEDA). Dirt link to Ministris of orruption, not invstmnt Finan + Planning guarant agny, poor VC ass. Worl Bank Group Subsiiz loans, VC, JV Multilatral Invstmnt 50 appliations/wk THE WORLD BANK Guarant Agny

23 How to implmnt PPDs? 23

24 Prrquisits Consir Four Dimnsions Publi Authoritis: Engagmnt mans suffiint apaity, politial will an larship. Businss ommunity: CHAMPION Strong Ns to b somhow organiz, l an fl a basi sns of surity. Champion: Ns ribility, xprtis an th ability to gt mia attntion BUSINESS COMMUNITY Strong Wak Strong PUBLIC AUTHORITIES Instrumnts: N logistial failitis, s funs (may also supplmnt hampion in QA) Strong INSTRUMENTS 24 24

25 Implmntation framwork: 12 ky prosss 1. Manat an Institutional Alignmnt 2. Strutur an partiipation 3. Champions 4. Failitator 5. Outputs 6. Outrah an ommuniations 7. Monitoring an valuation 8. Sub national initiativs 9. Stor-spifi programs 10. Rlvan to FDI 11. Post-onflit/isastr, risis rspons 12. Dvlopmnt partnrs A numbr of options to hoos from A numbr of goo an ba prati to larn from A numbr of isions to implmnt 25

26 Dlivry mos To Gov/PS on institutional arrangmnts To PPD Srtariat on pross improvmnts Publi-Privat Initiativ Coorinating srtariat To Working Groups on substantiv omptitivnss ations Working group 1 Working group 2 Working group 3 Working group 4 Working group 5 Privat stor avoats, assoiations, govrnmnt rprsntativs, onors 26

27 Tn pratial tips to gt rsults 27

28 How to gt rsults? -1- A lot of work Hug oorination an miation businss 28

29 How to gt rsults? -2- Dsign onsultations for PPD 29

30 How to gt rsults? -3- Strong fous on targt, masurabl rfroms 30

31 Svral typs of outputs Fousing on this will bring th othrs 31

32 How to gt rsults? -4- Simpl, xpliit organization Publi-Privat Manat Coorinating srtariat Working group 1 Working group 2 Working group 3 Working group 4 Working group 5 Privat stor avoats, assoiations, govrnmnt rprsntativs, onors 32

33 How to gt rsults? -5- A uniqu, transparnt an isiplin way to ollt rform proposals 33

34 How to gt rsults? -6- A filtring pross that nsurs quality of propos rforms 34

35 How to gt rsults? Forum Propositions ollts par ls GT Propositions prsltions par ls GT -7- A lot of work (again) Simpl ritrias to nsur quik prossing an transparny of pross Propositions finaliss par ls GT t prsnts au srtariat Propositions orrsponan ts aux ritrs fsabilit Propositions orrsponan ts aux stanars intrnationnau x Propositions vots n séan plnir Proposition s rtnus pour plus tar Group travail Group travail Group travail Group travail Total Ratio 100% 40% 15% 10% 7.5% 5% 35

36 How to gt rsults? Phas I timlin -8- Goo planning Bullozr Committ 1 st Plnary Sssion Vtting 8 rforms Bullozr Committ 2 n Plnary Sssion Vtting 15 rforms Bullozr Committ 3 r Plnary Sssion Vtting 27 rforms Bullozr Committ 50 REFORMS PUBLISHED IN PRESS Rform Enatmnt by 3 Parliamnts BC Publi mting TUZLA BC Publi mting MOSTAR BC Publi mting BRCKO BC Publi mting ZENICA BC prsnts 50 rforms to CoM, RS, FBiH in JOINT GOVERNMENT SESSION Joint Parliamnt Mting in National Thatr with BC 3 Govts giv thir amnmnts pakag to PAs unr urgnt prour BC Publi mting BANJA LUKA BC Publi mting ORASJE HR mting Young Entrprnurs TRAVNIK HR Prss Conf. To Prsnt BC 50 rforms Nov 12 D 17 Jan 16 Jan 27 Jan 29 Fb 07 Fb 12 Fb 13 Fb 20 Fb 25 Mar 03 Mar 12 Mar 24 Mar 25 Apr 3 Apr E C O N O M I C R E F O R M S I N D A Y S 36

37 How to gt rsults? -9- Strong onvining powr 37

38 How to gt rsults? -10- Monitoring pross an valuating impats Issu Avrag Avrag

39 How to start an xit? 39

40 PPDs ar risky businss but risk is managabl Rinforing vst intrst (.g. Mongolia) Ovr an unr rprsntation (.g. Tanzania, 18%) Sustainability issus (.g. Bolivia) On man shows (.g. Botswana) Politial risks (.g. Bosnia) B opn an transparnt Publiiz quality ontrol Broa bas Strngthning BMOS Equal rprsntation Prioi rviw Clar agna an proposals Manag xptations Liv an lt i Fostr bottom-up support Sur writtn ommitmnt Prpar transition Dpolitiiz through outrah Woo parliamntarians Go loal Institutional misalignmnts (.g. Ugana NF) mbra institutions Us thnial ministrial staff Transfr omptnis 40

41 Initiativ or institution? Publi authoritis Privat stor 41

42 Lif an ath of a PPD mhanism Phas 1 Phas 2 Phas 3 Rsults Trust Euation Disovring what works / What osn t HIGH IMPACT RESULTS Exit Institutions BMOs Stting up proution pross Mor apaity Bttr proution Prmannt brokring Bttr prout EARLY RESULTS Mor onflit Ownrship without apaity 1 to 3 yars 1 to 3 yars Tim 42

43 Linking th PPD to othr rforms prosss SEZ Clustrs Valu hain Rform Unit Rgulatory simplifiation Pross Mapping: An Illustration RIA an rgulation rviw pross Offi No. 1 Offi No. 2 Offi No. 3 Appliant Clrk 1 Clrk 2 Clrk 4 Clrk 5 Clrk No. 3 Insptor Rviws Rivs Fils rqust appliation appliation for approval an an oumnts oumnts Pays f Apts f Provis opy of Ript Assigns Insptor Issus Ript Rivs Forwars f Approval or for posit to Dfiiny muniipal Lttr Rivs aount an rviws Insption Rport Muniipal Offiial Prpars & Transmits Rivs Rqust for Approval or Dfiiny Lttr Contats Appliant Signs & Rturns Approval or Dfiiny Lttr Rqust for Approval or Dfiiny Lttr Prpars Approval or Dfiiny Lttr Mails Approval or Dfiiny Lttr Conuts Insption Prpars Rport Transmits Sign Approval or Dfiiny Lttr Sns opy to Clrk 2 43

44 44 Thank you!