Promoting Inclusive Markets and Financial Systems
Systems Change in the Business Enabling Environment: Investment Climate Practice Note,
Programmes which take a systems approach to business enabling environment reform face challenges of measurement, results communication, pace and risk appetite that need to be managed. But if permanent improvement in the BEE is the objective, a systems approach can be a more effective way to deliver durable solutions.
This guidance note is both for implementers and donor managers of legal and regulatory investment climate programmes. It is designed to help either manage or oversee programmes using a comprehensive conceptual and implementation framework that maximizes probability of sustainability and transformational impact of business environment reforms. The guidance is divided into three parts: a Theoretical Framework, some Operational Guidance and Key Challenges and Risks.