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Rethinking Investment Incentives: Trends and Policy Options

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 | #267137 in Books |  imusti |  2016-07-12 | Original language:English | PDF # 1 |  9.10 x1.20 x6.00l,.0 | File type: PDF | 368 pages

 | Columbia University Press

|| |What are the costs and benefits of the incentives used to attract new foreign investment? How can governments maximize the positive impact of available capital? Rethinking Investment Incentives addresses these and other important questions in national f

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.

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