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Nation-States and the Multinational Corporation : A Political Economy of Foreign Direct Investment by Jensen, Nathan Michael is a nonfiction available to read on EtoBox.

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What makes a country attractive to foreign investors? To what extent do conditions of governance and politics matter? This book provides the most systematic exploration to date of these crucial questions at the nexus of politics and economics. Using quantitative data and interviews with investment promotion agencies, investment location consultants, political risk insurers, and decision makers at multinational corporations, Nathan Jensen arrives at a surprising conclusion: Countries may be competing for international capital, but government fiscal policy--both taxation and spending--has little impact on multinationals' investment decisions. Although government policy has a limited ability to determine patterns of foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more successful in attracting international capital. First, democratic institutions lower political risks for multinational corporations. Indeed, they lead to massive amounts of foreign direct investment. Second, politically federal institutions, in contrast to fiscally federal institutions, lower political risks for multinationals and allow host countries to at

Who reads Nation-States and the Multinational Corporation : A Political Economy of Foreign Direct Investment?

Author

Jensen, Nathan Michael

Publisher

Princeton University Press

Published

2010

Language

EN

ISBN

9780691136363

Category

nonfiction

Subjects

Business, Political Science, Economics