Publication

This paper examines the performance of Africa's Presidential Investors' Advisory Councils, a coordination mechanism between the public and private sectors to improve industrial policy in Ethiopia, Senegal, Tanzania and Uganda. The author finds that the councils have been better at focusing attention on a donor-driven agenda of regulatory reforms than they have been at addressing the binding constraints to private investment. He also observes that no council has made an effort to monitor and evaluate the impact of the investment decisions taken.