IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/22160_1.html
   My bibliography  Save this book chapter

Want to facilitate FDI? Be SIMPLE and SPECIAL

In: Handbook of International Business Policy

Author

Listed:
  • Matthew Stephenson

Abstract

This chapter presents a framework to guide investment authorities in their facilitation efforts. It suggests that authorities may wish to keep things SIMPLE by focusing on Sustainability, Innovation, Measures, Partnerships, Learning, and an Ecosystem approach. In addition, they might want to set themselves apart from the competition by being SPECIAL through adopting a number of innovative (and not widely used) ‘special’ measures. The chapter will suggest seven potential special measures that can be availed by any country, regardless of host-market characteristics or level of development: Silent Yes to ensure that administrative approvals do not get stuck; Parsing to adopt a risk-based approach to approvals; Early Warning System to detect investment at risk; Climate commitments by firms to suggest investment projects that can help deliver on these commitment; Incentives that are smart, scalable and performance-based; Alignment between trade, investment, and industrial policy and measures as well as investment facilitation efforts at different levels of government and governance; and finally, Linkages through supplier database with sustainability dimensions coupled with supplier development programmes to help domestic firms produce goods and services at the quality needed to successfully link with foreign firms.

Suggested Citation

  • Matthew Stephenson, 2024. "Want to facilitate FDI? Be SIMPLE and SPECIAL," Chapters, in: Philippe Gugler & Ana T. Tavares-Lehmann (ed.), Handbook of International Business Policy, chapter 1, pages 8-27, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22160_1
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781035308682.00008
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:22160_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.