Policy Competition for Foreign Direct Investment A study of Competition among Governments to Attract FDI

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 imp...

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Detalles Bibliográficos
Autor principal: Oman, Charles P. (-)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 2000.
Colección:Development Centre Studies,
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705169606719
Descripción
Sumario: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.
Descripción Física:1 online resource (132 pages)
ISBN:9781280030710
9786610030712
9789264181083