Qimiao Fan

Few trends have captured the interest and imagination of economists and policy makers as has the sustained economic rise of middle-income countries in recent years. The fast growing economies of Brazil, India, and South Africa have been producing world beating companies and creating new opportunities for their large populations. Development experience in recent decades suggests that a strong investment climate is central to economic growth and poverty reduction. By drawing on the wealth of information captured in the World Bank's Doing Business indicators and enterprise surveys, this volume assesses the factors that contribute to the creation of a robust investment climate and shares best practices and lessons learned from these three global players.