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Many countries give short-term incentives to attract long-term foreign investment. Some countries go as far as providing guarantees for investors in their cons
by partycoder 9y ago
Many countries give short-term incentives to attract long-term foreign investment.
Some countries go as far as providing guarantees for investors in their constitution.
- bduerst 9y agoDeveloping countries, sure, and they run a huge risk of propping up an unsustainable economy. Especially when those incentives run out. Just look at how Argentina's incentives for Blackberry panned out: https://www.npr.org/2017/02/23/516895101/when-argentina-elected-a-populist-president-some-companies-left-the-country https://www.npr.org/2017/02/23/516895101/when-argentina-elec...
- partycoder 9y agoAll investments have associated risks. e.g: Microsoft invested in Nokia and turned out bad, except for the acquisition of a substantial IP portfolio.