Investment Incentives and the Global Competition for Capital

Author: K. Thomas

Publisher: Springer

ISBN: 0230302394

Category: Political Science

Page: 201

View: 7001

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This is a global study of government subsidies to attract investment. The book shows how corporations use site selection as rent extraction, with developing countries investing more than developed ones. It demonstrates that incentive use is rarely a good policy, especially for countries without adequate education and infrastructure.
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Critical International Political Economy

Dialogue, Debate and Dissensus

Author: Stuart Shields,Ian Bruff,Huw Macartney

Publisher: Springer

ISBN: 0230299407

Category: Political Science

Page: 195

View: 6877

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Amidst the continued debate surrounding the foundations of IPE, coupled with recent methodological and theoretical divides this book argues that an attempt should be made to re-visit the notion of the 'critical'. The challenge posed by contributors to this volume is to assess the development of so-called critical IPE and interrogate whether the theoretical foundations it was built upon have reached their potential. The essays in this volume take up this challenge in a number of different ways but all share a common concern - to re-assess the purpose of critical approaches, reflect on why certain social theorists have been favoured as a point of departure, yet others have largely been ignored. In light of recent debates on the notion of a 'trans-Atlantic divide' within IPE the collection the contributors aim demonstrates how the distinction between the 'critical' and the 'orthodox' (or 'empirical') is only significant if the 'critical' is geared towards a larger, more substantial body of critical social enquiry and engages with what it means to conduct such enquiry.
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Regions and Crises

New Challenges for Contemporary Regionalisms

Author: Lorenzo Fioramonti

Publisher: Springer

ISBN: 1137028327

Category: Political Science

Page: 242

View: 6516

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Investigates the intimate relationship between regional governance processes and global crises. Analysing the current turmoil in the European Union, it also looks at regional cooperation and integration in the Arab world, Africa, Asia and Latin America through topical case studies.
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Competing for Capital

Europe and North America in a Global Era

Author: Kenneth P. Thomas

Publisher: Georgetown University Press

ISBN: 9781589018396

Category: Political Science

Page: 352

View: 1589

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As corporations search for new production sites, governments compete furiously using location subsidies and tax incentives to lure them. Yet underwriting big business can have its costs: reduction in economic efficiency, shifting of tax burdens, worsening of economic inequalities, or environmental degradation. Competing for Capital is one of the first books to analyze competition for investment in order to suggest ways of controlling the effects of capital mobility. Comparing the European Union's strict regulation of state aid to business with the virtually unregulated investment competition in the United States and Canada, Kenneth P. Thomas documents Europe's relative success in controlling—and decreasing—subsidies to business, even while they rise in the United States. Thomas provides an extensive history of the powers granted to the EU's governing European Commission for controlling subsidies and draws on data to show that those efforts are paying off. In reviewing trends in North America, he offers the first comprehensive estimate of U.S. subsidies to business at all levels to show that the United States is a much higher subsidizer than it portrays itself as being. Thomas then suggests what we might learn from the European experience to control the effects of capital mobility—not only within or between states, but also globally, within NAFTA and the World Trade Organization as well. He concludes with policy recommendations to help promote international cooperation and cross-fertilization of ways to control competition for investment.
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Corporate Governance and Capital Flows in a Global Economy

Author: Peter K. Cornelius

Publisher: Oxford University Press

ISBN: 9780195347586

Category: Business & Economics

Page: 527

View: 2130

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This volume is a timely and insightful exploration into the issues of corporate governance and the impact of corporate governance practices on investments in developing countries. Sponsored by the World Economic Forum, INSEAD, and Wharton, this book collects original essays from senior researchers at the worlds top academic institutions as well as from key policymakers and business leaders, It analyzes global aspects of governance in relation to such issues as corporate performance, privatization, venture capitalism, and workers. With global financial markets having become more integrated, the book pays particular attention to the role of corporate governance in emerging-market economies and international capital flows. Rich in facts and ideas, Corporate Governance and Capital Flows in a Global Economy is a must read for anyone interested in financial crises international risk management, and global competitiveness.
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International Political Economy

Interests and Institutions in the Global Economy

Author: Thomas H. Oatley

Publisher: Longman Publishing Group

ISBN: N.A

Category: Political Science

Page: 420

View: 1752

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Broadly viewing the global economy as a political competition that produces winners and losers, International Political Economy holistically and accessibly introduces the field of IPE to students with limited background in political theory, history, and economics. This text surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, International Political Economy not only explains how the global economy works; it also encourages students to think critically about how economic policy is made in the context of globalization.
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Financing for Development

A Critical Global Collaboration

Author: United Nations

Publisher: United Nations Publications

ISBN: 9789211045192

Category: Economic assistance

Page: 164

View: 639

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This publication contains documents presented by the UN Secretary-General to the Preparatory Committee of the International Conference on Financing for Development, held in Monterrey, Mexico in March 2002. The report is intended to contribute to the intergovernmental discussion of national, international and systemic issues regarding development financing, in the context of globalisation. Chapters consider how to mobilise domestic financial resources, as well as foreign direct investment and other private flows; trade issues including market access, compensatory finance and price-risk management, vulnerability, technical assistance and capacity-building; increased international financial co-operation, including official development assistance; debt aspects; and the role of international monetary, financial and trading systems in support of financing for development.
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The Politics of Heritage Tourism in China

A View from Lijiang

Author: Xiaobo Su,Peggy Teo

Publisher: Routledge

ISBN: 1135256217

Category: Political Science

Page: 224

View: 8812

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This volume unravels the politics surrounding behind China’s hegemonic project of heritage tourism development in Lijiang. It provides a compelling study of the dialectical relationships between global and domestic capital, the state, tourists and locals as they collude, collaborate and contest one another to ready Lijiang for tourist consumption. Using rich material from insightful interviews and quantitative data, the authors show how complex tourism development can be even as it strives to do good for the community. Su and Teo investigate the practices of contestation and negotiation of identity within Lijiang; analyze the negotiations that transform material and vernacular landscapes; and suggests strategies that will enable sustained tourism interest in this location. Linking Gramsci’s theory on hegemony to the cultural politics of space, this book has two major strengths: it establishes a theoretical framework to conceptualize power relations in tourism space and provides critical insights into the rapidly shifting socio-political landscape of contemporary China. Comparisons with other Chinese heritage sites are also provided. By addressing the power struggles inevitable in the process of tourism development, The Politics of Heritage Tourism in China provides an innovative understanding of China’s dynamic politics in a period of transition. As such, it will address the needs of students and academic scholars working in the fields of China studies, tourism, cultural studies, urban studies, sociology, geography, political science and heritage studies.
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Innovation and Growth in the Global Economy

Author: Gene M. Grossman,Elhanan Helpman

Publisher: MIT Press

ISBN: 9780262570978

Category: Business & Economics

Page: 359

View: 1593

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Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents. Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in machinery and equipment. Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.
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