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October 5, 2024

Lessons from Five Small-Country Successful Investment Promotion Agencies Part II

Prof. Matthew McCartney

Head of Research

This policy brief delves into the organizational frameworks that have made Investment Promotion Agencies (IPAs) in Singapore, Ireland, Mauritius, Rwanda, and Costa Rica successful in driving economic growth. By examining the mandate, autonomy, and structural dynamics of these IPAs, the brief highlights how their powerful authority, private sector involvement, motivated staff, and global presence have contributed to their effectiveness. These insights offer valuable lessons for other countries aiming to enhance their investment promotion strategies and achieve sustained economic development.

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