Click here for search results Author:Madies, Thierry ; Dethier,
Jean-Jacques; Collection Title:Policy Research working paper ;
no. WPS 5311 Country:World; Date Stored:2010/05/17 Document
Date:2010/05/01Document Type:Policy Research Working Paper
Language:EnglishRegion:The World Region Report
Number:WPS5311SubTopics:Emerging Markets; Debt Markets;
Subnational Economic Development; Taxation & Subsidies; Public
Sector Economics Volume No:1 of 1    Summary: The last two
decades have witnessed a sharp increase in foreign direct
investment (FDI) flows and increased competition among
developing countries to attract FDI, resulting in higher
investment incentives offered by host governments and removal of
restrictions on operations of foreign firms in their countries.
Fiscal competition between governments can take the form of
business tax rebates, productivity-enhancing public
infrastructure or investment incentives such as tax holidays,
accelerated depreciation allowances or loss carry-forward for
income tax purpose