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Investment Promotion Tools and their Contribution in Attracting Foreign Direct Investments

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  • Georgeta Ilie

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Abstract

This paper investigates the role of investment promotion agencies (IPAs) in attracting foreign direct investments (FDIs). FDIs represent one of the vehicles by means of which many countries can develop their economy, because FDIs are being valued as a means of promoting economic diversification, generating jobs, earning export revenue etc. The paper examines how investment promotion tools perform when approached by foreign investors during their short-listing process. There are presented some specific instruments on how well IPAs accomplish this crucial task of information provision. Increasingly, IPAs play a critical role in such strategic promotion of FDI.

Suggested Citation

  • Georgeta Ilie, 2015. "Investment Promotion Tools and their Contribution in Attracting Foreign Direct Investments," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(2), pages 15-21, June.
  • Handle: RePEc:khe:journl:v:7:y:2015:i:2:p:15-21
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    More about this item

    Keywords

    FDI; investment promotion agency; attractiveness campaign;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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