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The IPA Observer, No 1 2013
| Content Provider | Semantic Scholar |
|---|---|
| Copyright Year | 2013 |
| Abstract | In the last three decades, the world of FDI promotion has exploded. Today, 81 per cent of countries around the globe have a national IPA. This holds even more for developed countries where practically all have a national body that promotes FDI.1 For developing countries the number is only slightly below the global average with 78 per cent of countries with a national IPA. There is a strong business case for government support for FDI promotion, such as improving the country’s image or correcting market failures (for instance, if there is not enough information available or about the country’s opportunities, or if there is no facilitation services in the country), which could prevent the host economy from fully realizing its FDI attraction potential. There is also an economic development case for having an IPA, since the benefits from FDI flows are not automatic and may require targeted public interventions to maximize potential benefits and spillovers, such as the introduction and transfer of new technologies and skills, international business linkages and connectivity of transnational corporations (TNCs) with local supply chains. Evidence shows that advice and help to inward investors during the site selection process is an effective means of influencing company location decisions,2 and that sector-targeted promotion attracts more FDI.3 OPTIMIzINg gOVERNMENT SERVICES: A Case for Joint Investment and Trade Promotion? |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://unctad.org/en/PublicationsLibrary/webdiaepcb2013d1_en.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
