National-Subnational Coordination for Investment Attraction : The Case of Spain
This paper is part of the broader World Bank Group (WBG) research initiative on Investment Climate matters, managed by the Finance, Competitiveness and Innovation (FCI) Global Practice of the WBG. Its objective is to create a knowledge base in the...
| Main Authors: | , , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/503651614752434734/National-Subnational-Coordination-for-Investment-Attraction-The-Case-of-Spain http://hdl.handle.net/10986/35235 |
| Summary: | This paper is part of the broader World
Bank Group (WBG) research initiative on Investment Climate
matters, managed by the Finance, Competitiveness and
Innovation (FCI) Global Practice of the WBG. Its objective
is to create a knowledge base in the investment policy and
promotion arena to help governments address questions on
effective policies, by understanding what has worked
elsewhere and what has not, and on how to organize for
delivery in different contexts. This paper has three
objectives: First, to understand better the rationale behind
having national and subnational IPAs. Second, to shed light
on how national and subnational IPAs can cooperate to
attract FDI. And third, to take a closer look at specific
mechanisms that can generate significant synergies, benefits
and opportunities for the host economies. In all cases this
note draws on the example of the collaboration between the
different Spanish national and regional administrations, a
successful model showing how coordination efforts result in
an improvement of the efficiency and effectiveness of
overall investment policy and promotion efforts. |
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