Description
Book SynopsisUsing quantitative data and interviews with investment promotion agencies, political risk insurers, and decision makers at multinational corporations, this book concludes that countries may be competing for international capital, but government fiscal policy has little impact on multinationals' investment decisions.
Trade Review"Nathan Jensen has written an interesting, empirically grounded, and provocative book... It is a serious effort to think about and test the impact of political institutions on multinational firms and flows of foreign direct investment... This is worthwhile reading for anyone interested in the political economy of FDI."--Stephen J. Kobrin, Perspectives on Politics "[T]he book captures the impact of political institutions on multinational investments and contributes to international business, organizational economics, and institutional literature streams. To the global audience, nation-states keen on enticing foreign investors will benefit from Jensen's insight."--Amit Jain, Enterprise and Society
Table of ContentsList of Illustrations ix Preface xi List of Abbreviations xv Chapter 1: Introduction 1 Chapter 2: Multinational Firms and Domestic Governments 23 Chapter 3: Theory 40 Chapter 4: The Race to the Bottom Thesis and FDI 53 Chapter 5: Democracy and FDI 72 Chapter 6: Veto Players and FDI 100 Chapter 7: The IMF and FDI Inflows 129 Chapter 8: Conclusion 146 Notes 157 References 167 Index 185
