The paradox of policy competition: A simple post-Keynesian theory of how beggar-thy-neighbour FDI-led growth strategies work in principle but not in practice
In recent decades, governments around the world have increasingly used various forms of state aid to try to attract and retain the business activity of foreign-owned multinational corporations. Yet, in most cases, this “commercialisation of state sovereignty” (Palan, 2002) has failed to catalyse fo...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2025-06-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/18626 |
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