Support Institutional Strengthening for Competitiveness Strategy (IADB-EC-T1418)

Countries
  • Ecuador
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 24, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Ecuador
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Oct 25, 2019


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Project Description

The objective is to support the development and implementation of an institutional strengthening strategy to improve competitiveness in Ecuador, through the production of key inputs to lay the institutional foundations and the main technical tools to implement the strategy that would improve the country's competitiveness. This will be achieved through support in the definition of the competitiveness agenda in the country and the identification of the main institutional barriers to economic activity in the country and its corrective measures. To this end, the following activities will be financed: (i) support from experts and studies that contribute to the definition and implementation of the country's competitiveness agenda; (ii) review of the regulatory policy to be carried out by the Regulatory Policy Division of the OECD; (iii) studies aimed at starting the BIM Ecuador strategy; and (iv) conducting exchanges of experiences and workshops on competitiveness, regulatory improvement and to promote public-private articulation.

Investment Description
  • Inter-American Development Bank (IADB)

Ordinary Capital

Contact Information

ACCOUNTABILITY MECHANISM OF IADB

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).