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INTERNATIONAL ECONOMIC BULLETIN. Carnegie Endowment for International Peace, 2009 April. This new periodical draws on the expertise of Carnegie’s global centres to provide a candid view of the economic crisis and its political implications. Addressing the momentous challenges of the economic downturn will require objectivity, and the ability to analyse the political dimensions of reforms in every region of the world. As a private, non-profit organisation working to advance cooperation between nations and promoting active international engagement, the Carnegie Endowment has locations around the world, positioned to provide this analysis and to establish a forum to address the political, regulatory, and governance challenges of deepening global economic integration. Experts on Russia, China, the Middle East, and Africa weigh in on how policymakers in each region can do more to counteract the crisis. For further information and to subscribe please visit http://www.carnegieendowment.org/.
COMPETING FOR BUSINESS: SUSTAINABLE DEVELOPMENT IMPACTS OF INVESTMENT INCENTIVES IN SOUTHEST ASIA. Heike Baumüller, International Institute for Sustainable Development, 2009. Recent decades have seen a proliferation of investment incentives around the world as governments seek to attract increasingly mobile foreign direct investment in the hope of spurring economic growth, raising employment and introducing new technology and know-how. This paper examines the effectiveness of such incentives in attracting FDI and promoting sustainable development in Southeast Asia. Drawing on existing research, the paper assesses the impacts of incentives on economic growth, government revenue, technology and knowledge spillovers, employment and environmental protection. The paper goes on to examine to what extent investment competition within Southeast Asia and with China has influenced the evolution of incentive policies in the region. Finally, the paper looks at how Southeast Asian governments have sought to regulate investment incentives through bilateral investment agreements and the Association of Southeast Asian Nations. For more information please visit http://www.tradeknowledgenetwork.net/research/pub.aspx?id=1071
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