Investment Policy Reviews

UNCTAD´s Investment Policy Reviews provide an objective evaluation of the country´s legal, regulatory and institutional framework for FDI to attract increased foreign and direct investment, as well as how to maximize the benefits from it.

The review includes FDI entry and establishment, treatment and protection of investment, taxation, the business environment and sectoral regulations.

The strategic analysis is tailored to country needs. Recommendations are concrete and action-oriented.

Investment Policy Reviews
About the Programme


The IPRs' approach and process promote ownership and learning from others:

  • It is initiated at the request of governments; the counterpart ministry or agency is involved throughout the process; it takes ownership and is advocate of the policy recommendations; and national stakeholders participate in a workshop on the findings.

  • The IPRs offer a perspective of what leaders and pioneers do and what the private sector looks for. It also includes a global perspective of FDI performance and how countries measure up as well as their policy outlook. It provides for sharing experience and knowledge through success stories and failed experiences. This includes a peer review at UNCTAD.

Adoption of recommendations

Most IPR countries have endorsed the recommendations of the IPR and many have followed up with requests for UNCTAD's technical assistance. The reforms carried are expected to improve both the climate for foreign investment and FDI benefits to the recipient countries.

The value of the IPRs to the countries is reflected in the implementation of the recommendations both with UNCTAD's assistance and also at the countries' own initiative.

Follow-up assistance

Some examples of follow-up assistance, which are described in more detail on each country page, include:

  • Advisory support on integrating FDI into a national development strategy.

  • Drafting/amending the foreign investment law.

  • Sensitizing members of parliament/cabinet ministers on investment issues.

  • Sectoral strategies.

  • Coordination of policies on investment promotion and facilitation.

  • Institutional reforms.

  • Training on BITs negotiations, investment promotion and investment targeting, clients' charter.



Economies covered to date

Investment Policy Review of South-East Europe

Investment Policy Review of South-East EuropeThis regional Review covers seven economies: Albania, Bosnia and Herzegovina, Montenegro, the Republic of Moldova*, Serbia, the Former Yugoslav Republic of Macedonia and Kosovo**.

* As a participant to the SEE Investment Committee's Working Group on Investments and Central European Free Trade Agreement (CEFTA) Signatory, at the request of the CEFTA and Regional Cooperation Council Secretariats, the Republic of Moldova is also included in the regional study, even though it is not directly encompassed by the SEE 2020 Strategy.

** United Nations Administrative Region, Security Council resolution 1244 (1999).


Best Practices on Investment for Development

Best Practices on Investment for DevelopmentThe Investment Advisory Series provides practical advice and case studies of best policy practice for attracting and benefiting from foreign direct investment (FDI), in line with national development strategies.

The series draws on the experiences gained in, and lessons learned through, UNCTAD’s capacity-building and institution-building work in developing countries and countries with economies in transition.

Series B focuses on case studies of best practices in policy and strategic matters related to FDI and development arising from existing and emerging challenges.

The primary target audience for the series is policymakers in the field of investment.