Publication year: 2006
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The last decade has witnessed a dramatic change in attitude towards foreign direct investment (FDI) and a significant increase in competition between governments to attract FDI as a result. These "locational tournaments" are perpetuated not simply by classical factor endowments, but also by government interventions that impact both market imperfections and FDI flows.
Subject: Business and Economics, Ausländische Direktinvestitionen, Europäischer Wettbewerb, Internationale Wirtschaftspolitik, Neue Institutionenökonomik, Standortwettbewerb, Wirtschaftsförderung, political economy