The effectiveness of promotion agencies at attracting foreign direct investment (English)

A perplexing question has become increasingly important: Does investment promotion really work? The authors hereby made a major step in providing a convincing answer to this question. Because many countries were not yet trying to promote investment, the authors could conduct a very simple test: compare foreign direct investment (FDI) flows into countries that had promotion activities in the United States, with the flows into countries that didn't...
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Citation

Morisset, Jaques; Andrews-Johnson, Kelly.

The effectiveness of promotion agencies at attracting foreign direct investment (English). Foreign Investment Advisory Service (FIAS) occasional paper ; no. FIAS 16 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/588311468780303317

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