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Rethinking Investment IncentivesTrends and Policy Options$
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Ana Teresa Tavares-Lehmann, Perrine Toledano, Lise Johnson, and Lisa Sachs

Print publication date: 2016

Print ISBN-13: 9780231172981

Published to Columbia Scholarship Online: January 2017

DOI: 10.7312/columbia/9780231172981.001.0001

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Investment Incentives for Sustainable Development

Investment Incentives for Sustainable Development

(p.204) Chapter 9 Investment Incentives for Sustainable Development
Rethinking Investment Incentives

James Zhan

Joachim Karl

Columbia University Press

This chapter suggests that investment schemes should be redesigned according to a location’s sustainable development objectives and the potential contributions of FDI toward sustainable development. Not only will this help to avoid wasteful or inefficient incentives, the authors argue, but, by promoting sustainable development through incentive programs, governments could improve the viability of important investments (such as in electricity, water supply, health and education services), making those services more accessible and affordable for the poor, and the jurisdiction a more attractive investment destination.

Keywords:   Sustainable development, Economic Development, Foreign direct investment, FDI, Investor behavior, Public Policy

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