Excerpt from The World Development Report
What factors dictate an enterprise's contributions to society? In most part investment climate; namely, various opportunities and incentive factors which are peculiar to a locality, and dictate an enterprise's productive investment, employment generation and scale expansion. Government policies and activities play a key role in fostering investment climate … Those government policies and activities, which target at improving and fostering investment climate, are crucial in propelling economic growth and reducing poverty.
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