Investment Incentives and the Global Competition for Capital

Authors: Kenneth P. Thomas



This is a global study of government subsidies to attract investment. The book shows how corporations use site selection as rent extraction, with developing countries investing more than developed ones. It demonstrates that incentive use is rarely a good policy, especially for countries without adequate education and infrastructure.

Table of contents

Front Matter

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. US

The Spread of Investment Incentives to Developing Countries

Controlling Incentives and Maximizing the Value of Inward Investment

A Policy Agenda for the Twenty-first Century: Transparency and Beyond

Back Matter