European Union and the Race for Foreign Direct Investment in Europe
- ISBN: 9780080442457
- Editorial: Elsevier Science
- Fecha de la edición: 2004
- Lugar de la edición: Oxford. Reino Unido
- Colección: International business and management series
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 510
- Idiomas: Inglés
The purpose of the volume is to analyze the impact of European Union on inward foreign direct investment in Europe and to discuss what type of effects are being created by this race for FDI. The volume deals with two levels of discussion: First, by looking at the policy issues as addressed by the EU authorities and incentive regimes exercised in single countries by local governments. Second, by looking at company strategies towards location selection and whether there is a trend towards concentration in some countries or regions. Although academically it is still under discussion, most countries believe that inward foreign direct investment is beneficial for local economies. It is considered positive not only for job opportunities but also for tax income, technological development and competitiveness of local firms. Countries thus create different type of incentives for foreign firms, such as; direct incentives/subsidies, tax relief, soft loans and preferred handling. This race for attracting inward FDI has been intensified in the European Union. However, there has hardly been any research to understand the impact of EU on the competition among EU- countries to attract FDI. This volume will investigate whether there is such a race or not and provide evidence from different countries. ÍNDICE: Investment Conditions in the European Union: the Elements of the Race. The race for FDI in the European Union (L. Oxelheim, P. Ghauri). Regional integration and Foreign Direct Investment in a globalised world economy (P. Buckley). The WTO and the race for inward FDI in the European Union (P. Gurgler). The role of environmental issues in the competition for inward investment within Europe (S. Lundan). Heading for headquarters? Why and how the location of headquarters matters among the EU-countries? (P. Braunerhjelm). Capital market developments and the race for FDI in European Union (M. Bowe). Inward FDI from Different Countries and Regions. The race for Japanese FDI in the Europ