This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.

1. Introduction

Part I: Invesment Incentives: An Introduction

2. Types of Investment Incentives3. Definitions, Motivations, and Locational Determinants of Foreign Direct Investment

Part II: A Global Overview of Investment Incentives

4. The Use of Investment Incentives: The Cases of R&D-Related Incentives and International Investment Agreements

5. Incentives in the European Union

6. Incentives in the United States

7. Tax Incentives Around the World

Part III: Designing Incentives Programs to Get Value for Money and Achieve Intended Goals

8. A Holistic Approach to Investment Incentives

9. Investment Incentives for Sustainable Developmen

10. Cost-Benefit Analysis of Investment Incentives

Part IV: Reducing Incentives Competition: Regulatory Efforts to Limit "Races to the Bottom"

11. Regulation of Investment Incentives: National and Subnational Efforts to Regulate Competition for Investment Through the Use of Incentives

12. Regulation of Investment Incentives: Instruments at an International/Supranational Level

13. Conclusions: Outstanding Issues on the Design and Implementation of Incentives Policies

Acknowledgments

Contributors

Index