The last two decades have witnessed a sharp increase in foreign direct investment (FDI) flows and increased competition … among developing countries to attract FDI, resulting in higher investment incentives offered by host governments and removal … form of business tax rebates, productivity-enhancing public infrastructure or investment incentives such as tax holidays …

jobs created by FDI are good jobs, both from the worker's and the country's perspective. From the worker's perspective … affiliates are good jobs because FDI inflows tend to increase the aggregate productivity of the host country …

doing business with other countries. These factors include overall trade restrictiveness, which reduces the benefits to … liberalizing policy constraints in both trade and foreign investment, keeping corporate tax rates modest, and improving governance …