Document Type

Journal Article

Publication Date

1983

Keywords

Foreign investments, Developing countries

DOI

10.1080/00220388308421859

Abstract

This study found no support for the belief by the governments of most less developed countries (LDCs) that the provision of fiscal incentives is necessary to attract direct foreign investment and that the greater the generosity of these incentive programmes the greater would be the level of such investment. What mattered were the presence of natural resources and a proven record of economic performance. The provision of incentives could not compensate for the absence of either of these two factors.

Source Publication

Journal of Development Studies

Volume Number

19

Issue Number

2

ISSN

0022-0388

First Page

207

Last Page

212

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