1970–1999

Multinational Investment in Developing Countries: A Study of Taxation and Nationalization

 

Multinational Investment in Developing Countries explores the struggle for gains from direct investment between multinationals and developing countries. The author explains differences in taxation and nationalization between countries, and considers how direct investments can best contribute to social welfare worldwide.

Using game-theory models, and taking into account that the developing countries also compete with each other to attract investors, Thomas Andersson shows that policies which manipulate the behavior of firms do not normally distort direct investments, while policies that interfere with ownership do. He also demonstrates that governments that maximize social welfare should not be expected to sacrifice the environment to attract multinationals. Shifts in nationalization across countries demonstrate a problem in coordination. This study shows that many equilibria exist, with either "many" or "few" countries pursuing the policy. This study is especially relevant at a time when the possibility of a revival of nationalization in the Third World exists.

Interdisciplinary European Studies

The European Union and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

About the book

Events

Seminars organized by IFN

 

To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

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