Public Policy, FDI Attraction and Multinational Subsidiary Evolution: The Contrasting Cases of Ireland and Portugal

• Type: Chapter or Part of a Book
• Date: 2007

Authors

Ana Teresa Tavares Lehmann (Author) FEP

Book

Title: Multinationals on the Periphery

Pages: 131-157

ISBN: 978-1-349-54306-9

Publisher: Palgrave Macmillan

Indexing

Scopus - 2 Citations

Scientific classification

FOS: Social sciences > Economics and Business

CORDIS: Social sciences > Economics

Other information

Authenticus ID: P-00M-M9Y

Abstract (EN): Nowadays most host countries, developed and developing alike, engage in an ever-increasing `race¿ to attract FDI and MNEs¿ activities (Ghauri and Oxelheim, 2003). FDI attraction is one of the main ways by which governments seek to stimulate fast-track economic growth, under the assumption that the positive spillovers from FDI outweigh possible negative effects. This generalized, unprecedented chase for MNE operations is evident in the number of pro-FDI policy measures successively implemented (UNCTAD, 2004) and in the increasing proactivity and targeting of FDI-related policies. Countries (and even subnational jurisdictions) scramble to attract projects and to boost their attractiveness by granting higher incentives than their locational competitors. By and large, relevant research has serious doubts on the long-term effectiveness of such incentives (Young, 2004).

Language: English

Type (Professor's evaluation): Scientific