Rethinking Investment Incentives
Regular price
€74.99
Category=KCB
Category=KCP
Category=KFFD
Category=KFFM
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Product details
- ISBN 9780231172981
- Dimensions: 152 x 229mm
- Publication Date: 12 Jul 2016
- Publisher: Columbia University Press
- Publication City/Country: US
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
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. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.
Ana Teresa Tavares-Lehmann is associate professor of economics at the School of Economics, University of Porto, and head of international business at the University of Porto Business School. Perrine Toledano is the head of extractive industries at the Columbia Center on Sustainable Investment (CCSI). Lise Johnson is the head of investment law and policy at CCSI. Lisa Sachs is the director of CCSI.
