Chapter

The Changing Nature of Foreign Investment Policy in Europe: From Promotion to Management

Ross Brown and Philip Raines

in Regions, Globalization, and the Knowledge-Based Economy

Published in print March 2002 | ISBN: 9780199250011
Published online November 2003 | e-ISBN: 9780191596216 | DOI: http://dx.doi.org/10.1093/0199250014.003.0018
 The Changing Nature of Foreign Investment Policy in Europe: From Promotion to Management

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Begins with an overview of foreign investment promotion in Western Europe by examining the importance of attracting investment as a goal from a national‐level perspective, emphasizing the change in attitudes that has taken place over the last decade; this section also includes a brief overview of the role of the European Commission in controlling competition between EU member states. Following this, the motives and policy instruments underpinning sub‐national actors in promoting foreign direct investment (FDI) in Western Europe are examined. To show these processes at work, case studies are used to compare the promotional policies of two European regions with very different approaches to attracting investment: Scotland and Nordrhein‐Westfalen. The final section addresses the future of FDI promotion policy.

Keywords: European Commission; European Union; foreign direct investment; foreign investment promotion; Germany; Nordrhein‐Westfalen; policy instruments; Scotland; UK; Western Europe

Chapter.  11009 words. 

Subjects: International Economics

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