Lowering the Threshold

This publication is the revised version of a study and report commissioned by the Secretariat entitled 'Lowering the Threshold: Changing Private Investors’ Perceptions by Reducing the Cost and Risk of Investment in Least Developed, Small and Vulnerable Economies'. The main premise of the study was that much effort by governments, aid donors and international financial institutions (IFIs) and regional development banks has been expended to improve the climate for private investment. However, the reality is that the least developed, small and vulnerable economies face particular problems in attracting private investment. The report considers the practicalities of developing marketfriendly financial instruments as a way of providing an incentive to investors in these economies.