With many millions of dollars being spent annually by governments on promotion to attract foreign investors to various countries, a perplexing question has become increasingly important: Does investment promotion really work? Jacques Morisset and Kelly Andrews-Johnson have made a major step in providing a convincing answer to this and associated questions. | FOREIGN INVESTMENT ADVISORY SERVICE Jacques Morisset Kelly Andrews-Johnson OCCASIONAL PAPER 16 The Effectiveness of Promotion Agencies at Attracting Foreign Direct Investment 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 FIAS OCCASIONAL PAPERS Wells Jr. and Wint Marketing a Country Promotion as a Tool for Attracting Foreign Investment Wells Jr. and Wint Facilitating Foreign Investment Government Institutions to Screen Monitor and Service Investment from Abroad Belot and Weigel Programs in Industrial Countries to Promote Foreign Direct Investment in Developing Countries Mintz and Tsiopoulos Corporate Income Taxation and Foreign Direct Investment in Central and Eastern Europe Sader Privatizing Public Enterprises and Foreign Direct Investment in Developing Countries Battat Frank and Shen Suppliers to Multinationals Linkage Programs to Enhance Local Companies in Developing Countries Carter Sader and Holtedahl Foreign Direct Investment in Central and Eastern European Infrastructure Megyery and Sader Facilitating Foreign Participation in Privatization Donaldson Sader and Wagle Foreign Direct Investment in Infrastructure The Challenge of Southern and Eastern Africa Michalet Strategies of Multinationals and Competition for Foreign Direct Investment The Opening of Central and Eastern Europe Spar Attracting High Technology Investment Intel s Costa Rican Plant Sader Attracting Foreign Direct Investment into Infrastructure Why Is It So Difficult Wells Jr. and Wint Marketing a Country Promotion as a Tool for Attracting Foreign Investment Revised Edition Emery Spence Jr. Wells Jr. and Buehrer Administrative Barriers to Foreign Investment Reducing Red Tape in Africa Wells Jr. Allen Morisset and Pirnia Using Tax Incentives to Compete for Foreign Investment Are They Worth the Costs