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Books > Business & Economics > Economics > International economics > International finance
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Investment Incentives and the Global Competition for Capital (Hardcover)
Loot Price: R2,791
Discovery Miles 27 910
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Investment Incentives and the Global Competition for Capital (Hardcover)
Series: International Political Economy Series
Expected to ship within 10 - 15 working days
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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.
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