El Salvador made a firm strategic choice to develop as an open market economy decades ago, and it has long adopted an open attitude towards FDI. A large number of reforms have been implemented in the past decades that reflect this choice: regional economic integration has been fostered and crucial free trade agreements have been concluded, the US dollar was adopted as legal tender, competition rules have been enforced and key segments of the economy have been privatized. This strategy has allowed El Salvador to gain macro to economic stability and attract beneficial FDI inflows. Much progress remains to be achieved, however, to eradicate poverty and reduce income inequality. In addition, El Salvador needs to improve the general level of competitiveness of its domestic firms in order to reap the full benefits of openness to global trade and investment flows. The Review offers concrete recommendations in order to allow El Salvador to promote FDI in support of global competitiveness.
| ISBN: | 9789211127973 |
| Publication date: | 30th October 2010 |
| Author: | United Nations Conference on Trade and Development |
| Publisher: | United Nations Publications |
| Format: | Paperback |
| Pagination: | 120 pages |
| Series: | Investment Policy Review |
| Genres: |
Public international law, economic and trade: investment treaties and disputes |
El Salvador made a firm strategic choice to develop as an open market economy decades ago, and it has long adopted an open attitude towards FDI. A large number of reforms have been implemented in the past decades that reflect this choice: regional economic integration has been fostered and crucial free trade agreements have been concluded, the US dollar was adopted as legal tender, competition rules have been enforced and key segments of the economy have been privatized. This strategy has allowed El Salvador to gain macro to economic stability and attract beneficial FDI inflows. Much progress remains to be achieved, however, to eradicate poverty and reduce income inequality. In addition, El Salvador needs to improve the general level of competitiveness of its domestic firms in order to reap the full benefits of openness to global trade and investment flows. The Review offers concrete recommendations in order to allow El Salvador to promote FDI in support of global competitiveness.
Investment Policy Review. El Salvador features in the following genres: Public international law, economic and trade: investment treaties and disputes
Investment Policy Review. El Salvador is available in Paperback
Investment Policy Review. El Salvador was written by United Nations Conference on Trade and Development and published by United Nations Publications
Investment Policy Review. El Salvador has 120 pages
Yes it is part of Investment Policy Review series