Improving The Business Environment In Latvia: The Impact Of Fias Assistance (fias Occasional Papers)

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This book tracks the process through which the Foreign Investment Advisory Service (FIAS) of the World Bank Group advised the government of Latvia from 1998 to 2004 on ways to improve the business environment, achieve higher rates of economic growth, and thereby alleviate poverty.

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Occasional Paper 18 Improving the Business Environment in Latvia The Impact of FIAS Assistance Sanda Liepina Jacqueline Coolidge Lars Grava www.fias.net i occasional paper 18 Improving the Business Environment in Latvia The Impact of FIAS Assistance Sanda Liepina Jacqueline Coolidge Lars Grava www.fias.net © 2008 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved 1 2 3 4 5 10 09 08 07 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank.The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work.The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law.The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher,The World Bank, 1818 H Street NW,Washington, DC 20433, USA; fax: 202-522-2422; e-mail: [email protected] ISBN: 978-0-8213-7189-3 eISBN: 978-0-8213-7190-9 DOI: 10.1596/978-0-8213-7189-3 Library of Congress Cataloging-in-Publication Data has been applied for. iii Through FIAS, the International Bank for Reconstruction and Development and the International Finance Corporation, using their best efforts in the time available, endeavored to provide high-quality services hereunder and have relied on information provided to them by a wide range of other sources. However, they do not make any representations or warranties regarding the completeness or accuracy of the information included this report, or the results that would be achieved by following its recommendations. ABOUT FIAS For 20 years, FIAS has advised more than 130 member country governments on how to improve their investment climate for both foreign and domestic investors and maximize its impact on poverty reduction. FIAS is a joint service of the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the World Bank. FIAS receives funding from these institutions and through contributions from donors and clients. FIAS also receives core funding from: Australia Canada France Ireland Luxembourg Net