strategy
Establishing beneficial policies for foreign investment
Synonyms:
Providing incentives to foreign private investment Context:
Bias against exports and in favour of inefficient import substitution should be removed and policies established that allow nations to benefit fully from flow of foreign investment, within the framework of national, social, economic and developmental goals. Implementation:
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities. Broader:
Providing economic incentivesFacilitating international investmentProviding incentives for financial investmentEncouraging foreign investment Facilitates:
Ensuring national economic policies support sustainable developmentStrengthening national policies to encourage higher levels of foreign direct investment Facilitated by:
Evaluating effects of world trade agreements on investment Problems:
Decline in foreign direct investmentValues:
ForeignIncentivesDisincentive Subjects:
Society → ForeignSocial Activity → Employment conditions
Commerce → Investment
Government → Private
Policy-making → Policy
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
