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Regions, Globalization, and the Knowledge-Based Economy$
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John H. Dunning

Print publication date: 2002

Print ISBN-13: 9780199250011

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199250014.001.0001

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The Changing Nature of Foreign Investment Policy in Europe: From Promotion to Management

The Changing Nature of Foreign Investment Policy in Europe: From Promotion to Management

Chapter:
(p.435) 17 The Changing Nature of Foreign Investment Policy in Europe: From Promotion to Management
Source:
Regions, Globalization, and the Knowledge-Based Economy
Author(s):

Ross Brown

Philip Raines

Publisher:
Oxford University Press
DOI:10.1093/0199250014.003.0018

Begins with an overview of foreign investment promotion in Western Europe by examining the importance of attracting investment as a goal from a national‐level perspective, emphasizing the change in attitudes that has taken place over the last decade; this section also includes a brief overview of the role of the European Commission in controlling competition between EU member states. Following this, the motives and policy instruments underpinning sub‐national actors in promoting foreign direct investment (FDI) in Western Europe are examined. To show these processes at work, case studies are used to compare the promotional policies of two European regions with very different approaches to attracting investment: Scotland and Nordrhein‐Westfalen. The final section addresses the future of FDI promotion policy.

Keywords:   European Commission, European Union, foreign direct investment, foreign investment promotion, Germany, Nordrhein‐Westfalen, policy instruments, Scotland, UK, Western Europe

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