1st Edition
Multinational Investment in Developing Countries A Study of Taxation and Nationalization
By Thomas Andersson
Copyright 1991
220 Pages
by
Routledge
224 Pages
by
Routledge
Also available as eBook on:
This book explores the struggle for gains from direct investment between multinationals and developing countries. It discusses which policies work best in influencing the behaviour of MNEs and how developing countries compete with one another for multinational investment. It argues that the tax regimes of different countries rarly deter investors but that nationalisation acts as a powerful disincentive. It also concludes that governments should not be expected to sacrifice the environment to attract multinationals.
Part I: Introduction 1. Statement of the Issues 2. Theoretical Background Part II: Taxation of MNE-Affi liates 3. Taxation of MNE Affiliates by Competing Host Countries 4. Foreign Exchange versus Pollution Part III: Nationalisation of MNE Affiliates 5. Nationalisation of MNE Affiliates by Competing Host Countries 6. Cross-country Variation in Nationalisation 7. Duration of Nationalisation Part IV: Conclusion and Policy Implications 8. Conclusions
Biography
Thomas Andersson
`Thomas Andersson's new book makes important advances in both the theory and policy analysis of multinationals by endogenizing the foreign investment decision, and then by exploiting simple game theory techniques. His work correctly emphasizes that welfare effects depend crucially on the structure of the game which determines whether or not investment actually occurs.' - James R. Markusen, University of Colorado at Boulder
