ISBN:
9789264181083
Language:
English
Pages:
Online-Ressource (132 p.)
,
ill.
Series Statement:
Development Centre Studies
Parallel Title:
Druckausg.
Parallel Title:
Parallelausg. Quelles politiques pour attirer les investissements directs étrangers ? ; Une étude de la concurrence entre gouvernements
Parallel Title:
Druckausg. Oman, Charles P. Policy competition for foreign direct investment
DDC:
330
Keywords:
Auslandsinvestition
;
Investitionspolitik
;
Umweltstandard
;
Sozialstandards
;
Sonderwirtschaftszone
;
OECD-Staaten
;
Entwicklungsländer
;
Finance and Investment
;
Development
;
Entwicklungsländer
;
Investitionsförderung
;
Direktinvestition
Abstract:
Competition for foreign direct investment has been neglected as a subject of research. Yet many claim that such competition is having deleterious effects, such as lowering governments’ standards of protection of the environment and workers’ rights.This book looks at the evidence and assesses the impact of competition among governments to attract FDI. It finds little evidence directly to support fears of a "global race to the bottom" in labour and environmental standards. The widespread use of investment incentives, however, in OECD and developing countries alike, tends to be bad for government transparency and accountability. This is highly detrimental both to economic policy making and to the construction of democratic institutions in developing countries. The author proposes a shift away from incentive-based policies for attracting FDI towards a rules-based approach on both a national and international level.
Note:
Franz. Ausg. u.d.T.: Quelles politiques pour attirer les investissements directs étrangers?
DOI:
10.1787/9789264181083-en
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