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Books > Business & Economics > Economics > Macroeconomics
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Rethinking Investment Incentives - Trends and Policy Options (Hardcover)
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Rethinking Investment Incentives - Trends and Policy Options (Hardcover)
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Governments often use direct subsidies or tax credits to encourage
investment and promote economic growth and other development
objectives. Properly designed and implemented, these incentives can
advance a wide range of policy objectives (increasing employment,
promoting sustainability, and reducing inequality). Yet since
design and implementation are complicated, incentives have been
associated with rent-seeking and wasteful public spending. This
collection illustrates the different types and uses of these
initiatives worldwide and examines the institutional steps that
extend their value. By combining economic analysis with development
impacts, regulatory issues, and policy options, these essays show
not only how to increase the mobility of capital so that cities,
states, nations, and regions can better attract, direct, and retain
investments but also how to craft policy and compromise to ensure
incentives endure.
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