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Investment Incentives and the Global Competition for Capital: (International Political Economy Series)

Investment Incentives and the Global Competition for Capital: (International Political Economy Series)

          
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About the Book

The battle of national, state, and local governments to attract investment has been a high priority for decades. For example, US state and local governments give almost $50 billion in location incentives and over $70 billion in total subsidies annually. Developing countries often pay even more for investments despite the fact they are less able to afford to do so. Using case studies from around the world, and at all levels of government, Thomas shows that investment incentives are rarely a good policy, especially for countries lacking education and an infrastructure. Finally, he analyzes the myriad methods of controlling incentives with an emphasis on the EU's comprehensive and largely successful state aid rules, illustrated by an extended case study of Ireland.

Table of Contents:
'Competing for Capital' Revisited Models, Models, and More Models Policy Studies Industry Case Studies: Steel, Biofuel Production, Semiconductors, Automobiles, Call Centers The Celtic Tiger: Incentives, Infrastructure, Tax Rates, Luck Who Provides the Most Investment Incentives: EU vs. U.S. The Spread of Investment Incentives to Developing Countries Controlling Incentives and Maximizing the Value of Inward Investment A Policy Agenda for the 21st Century: Transparency and Beyond Notes Bibliography Index


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Product Details
  • ISBN-13: 9780230302396
  • Publisher: Palgrave MacMillan
  • Publisher Imprint: Palgrave Macmillan
  • Language: English
  • ISBN-10: 0230302394
  • Publisher Date: 24 Nov 2010
  • Binding: Digital (delivered electronically)
  • Series Title: International Political Economy Series


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