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Barriers and Opportunities for Enhancing Capital Flows

In the COMCEC Member Countries

97

Natural resources

0.14

Investment efficiency

0.06

Regional integration

0.04

Proximity

0.04

Labour market

Industrial disputes

0.10

Unit labour costs

0.14

Schooling/skills

0.12

Technical skills

0.08

Local managers

0.05

Health of work force

0.08

Language skills

0.05

Labour flexibility

0.08

Labour laws

0.10

Wage regulation

0.10

Hiring foreigners

0.05

Cost of living

0.05

Tax regime

Corporate tax

0.20

Marginal income tax

0.08

Value-added tax

0.08

Social security contributions0.12

Investment incentives

0.12

Fairness of tax system

0.20

Tax complexity

0.20