Policy

Does foreign investment promotion work? Where?

By Riccardo Crescenzi (LSE), Marco Di Cataldo (LSE, Ca’ Foscari University of Venice), and Mara Giua (LSE, Roma Tre University).

 

Global capital markets are increasingly competitive and the attraction of Foreign Direct Investment (FDI) has taken centre stage in public policies world-wide. Nowadays countries with no active Investment Promotion Agencies (IPAs) are only a small minority in the world (OECD, […]

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    The four fundamental misconceptions about FDI you should know about.

The four fundamental misconceptions about FDI you should know about.

     

By Riccardo Crescenzi (LSE), Arnaud Dyevre (LSE) and Roberto Ganau (LSE, University of Padova)

 

Politicians around the world have devoted significant efforts and resources to attract foreign direct investment (FDI). The assumption is that multinationals bring in new skills and ideas, create jobs and spur on local companies. But is all this effort really worth it? Is the impact […]

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    Mining Global Value Chains: New Opportunities and Old Obstacles for Developing Countries

Mining Global Value Chains: New Opportunities and Old Obstacles for Developing Countries

By Carlo Pietrobelli (University Roma Tre and UNU-MERIT)

 

 

Mining activities in developing countries have traditionally been considered a form of economic enclave, with limited linkages to the local economy. This column challenges this view by arguing that mining activities are increasingly organized as global value chains (GVCs). Moreover, developments in science and technology are opening up new opportunities for innovative […]

May 10th, 2019|Location, Policy|0 Comments|

What policies work for FDI?

     

By Riccardo Crescenzi (LSE), Marco Di Cataldo (LSE) and Mara Giua (LSE, University Roma Tre)

 

National and sub-national governments around the world have deployed a wide array of public policy tools to attract Foreign Direct Investment – from tax breaks and light regulations to subsidised facilities and new transport infrastructure. The problem is that there is very limited evidence to […]