TY - BOOK ID - 136527129 TI - Improving the Rural Investment Climate for Businesses : Key to Rural Income Generation. PY - 2012 PB - Washington, D.C. : The World Bank, DB - UniCat KW - Access to Finance KW - Access to Information KW - Accounting KW - Agribusiness KW - Agribusiness & Markets KW - Agriculture KW - Bankruptcy KW - Capacity Building KW - Collateral KW - Commercial Banks KW - Corruption KW - Cost-Benefit analysis KW - Economic Development KW - Economies of Scale KW - Entrepreneurs KW - Finance and Financial Sector Development KW - Financial Literacy KW - Financial Management KW - Fiscal Policy KW - Gender KW - Household Income KW - Human Capital KW - Inequality KW - Information Technology KW - Insurance KW - Interest Rates KW - Investment Climate KW - Knowledge Gaps KW - Labor Market KW - Macroeconomics and Economic Growth KW - Marketing KW - Microfinance Institutions KW - Mobility KW - Productivity KW - Profitability KW - Property Rights KW - Public Service Delivery KW - Roads KW - Rural Development KW - Rural Non-Farm Income Generation KW - Rural Policies and Institutions KW - Rural Services and Infrastructure KW - Rural Transport KW - Savings KW - Technical Assistance KW - Transaction Costs KW - Transport KW - Transport Costs KW - Transport Economics Policy and Planning KW - Urban Areas KW - Vehicles KW - Wages UR - https://www.unicat.be/uniCat?func=search&query=sysid:136527129 AB - An appropriate rural investment climate (RIC) is essential for rural businesses to be successful and generate employment and income in their communities. Improving the investment climate could facilitate income-generation activities in both farm and nonfarm sectors, thus reducing rural poverty. Nonfarm sector focused growth, combined with agricultural growth, and has been shown by Delgado and others (1998) to have a significant impact on the local economy through the generation of employment and income. This study is the first to focus on both farm and nonfarm enterprises in its 2010 surveys of RIC in Yemen, Burkina Faso, Nigeria, and Mozambique unlike six previous RIC assessment (RICA) pilot projects that focused only on nonfarm enterprises. This report assesses the weaknesses and strengths of all RIC components in farm and nonfarm enterprises of the four countries surveyed, and recommends measures to address the weaknesses. The report identifies similar business obstacles for farm and nonfarm enterprises and four critical areas of the RIC to be improved. The results of the RICA are based on analyses of obstacles perceived by rural entrepreneurs and on assessments by RIC indicators, enterprise entry and exit, and enterprise performance. To have maximum synergy effects, farm and nonfarm enterprises should be promoted together. ER -