Politická ekonomie investičních pobídek
(2004) In Politicka Ekonomie 52(4). p.451-466- Abstract
The paper focuses on selective investment incentives, which are aimed primarily to attract foreign direct investment, in the context of the new EU Member States, namely the Czech Republic, Hungary, Poland and Slovakia. We discuss the issue within three closely related dimensions. We point to a potential conflict of interests between host country governments and multinational companies in promoting technology spillovers from foreign direct investment in the host economies. We examine the prisoner dilemma of the host governments in mutual competition for mobile direct investment and a room to achieve multilateral or strengthening regional agreement on investment to reduce a possible wealth reducing content of such policies. Finally, we... (More)
The paper focuses on selective investment incentives, which are aimed primarily to attract foreign direct investment, in the context of the new EU Member States, namely the Czech Republic, Hungary, Poland and Slovakia. We discuss the issue within three closely related dimensions. We point to a potential conflict of interests between host country governments and multinational companies in promoting technology spillovers from foreign direct investment in the host economies. We examine the prisoner dilemma of the host governments in mutual competition for mobile direct investment and a room to achieve multilateral or strengthening regional agreement on investment to reduce a possible wealth reducing content of such policies. Finally, we discuss national context of the investment incentives with regards to the rent-seeking behaviour of various interest groups and contradictory role of the investment promotion agency in the process of decision-making about investment promotion policies. We conclude with brief implications for development policy.
(Less)
- author
- Plojhar, Miroslav and Srholec, Martin LU
- alternative title
- Political economics of investment incentives
- publishing date
- 2004
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Foreign direct investment, Investment incentives, Multilateral agreement on investment, Partial interest groups, State aid
- in
- Politicka Ekonomie
- volume
- 52
- issue
- 4
- pages
- 16 pages
- publisher
- Vysoka Skola Ekonomicka
- external identifiers
-
- scopus:4344600592
- ISSN
- 0032-3233
- language
- Czech
- LU publication?
- no
- id
- 7d5054bc-2bc4-4d63-b09b-19b899b5e411
- date added to LUP
- 2016-05-18 13:22:34
- date last changed
- 2022-06-21 14:22:35
@article{7d5054bc-2bc4-4d63-b09b-19b899b5e411,
abstract = {{<p>The paper focuses on selective investment incentives, which are aimed primarily to attract foreign direct investment, in the context of the new EU Member States, namely the Czech Republic, Hungary, Poland and Slovakia. We discuss the issue within three closely related dimensions. We point to a potential conflict of interests between host country governments and multinational companies in promoting technology spillovers from foreign direct investment in the host economies. We examine the prisoner dilemma of the host governments in mutual competition for mobile direct investment and a room to achieve multilateral or strengthening regional agreement on investment to reduce a possible wealth reducing content of such policies. Finally, we discuss national context of the investment incentives with regards to the rent-seeking behaviour of various interest groups and contradictory role of the investment promotion agency in the process of decision-making about investment promotion policies. We conclude with brief implications for development policy.</p>}},
author = {{Plojhar, Miroslav and Srholec, Martin}},
issn = {{0032-3233}},
keywords = {{Foreign direct investment; Investment incentives; Multilateral agreement on investment; Partial interest groups; State aid}},
language = {{cze}},
number = {{4}},
pages = {{451--466}},
publisher = {{Vysoka Skola Ekonomicka}},
series = {{Politicka Ekonomie}},
title = {{Politická ekonomie investičních pobídek}},
volume = {{52}},
year = {{2004}},
}