WAIPA Deputy Executive Director Yasemin Esenlik was a panelist at session 3 (EU-MED Peer-learning): Policy Advocacy: the role of MED IPAs in investment climate reforms at the OECD Regional Seminar Making investment promotion work for sustainable development: Trends and practices in the Mediterranean from 22 – 23 October 2018 at the OECD Conference Centre in Paris, France.
The objective of this session was to share experiences about the role of IPAs in policymaking. Policy advocacy can be a powerful instrument to bolster reforms and enhance the business environment by leveraging the private sector’s feedback. It is a key function of many IPAs, which, through their interactions with investors, are well placed to identify bottlenecks in the investment climate and provide recommendations to address them. Suitable institutional co-ordinating mechanisms and communication channels are needed to ensure optimal government responses.
The Organisation for Economic Co-operation and Development (OECD) is Consultative Committee member of WAIPA.