world bank the effectiveness of promotion agencies at attracting foreign direct investment phần 2

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Preface

S

ince 1985, the Foreign Investment Advisory Service has assist￾ed more than 100 countries around the world in their efforts

to attract more and better foreign direct investment. A close rela￾tionship with investment promotion agencies has been devel￾oped as part of this effort. This study aims at providing some

guidance to policymakers and managers of these agencies that are

interested in understanding the conditions—both external and

internal to these agencies—that may make them more effective

in influencing the location decision of multinational firms.

We are especially grateful to Professor Louis Wells from the

Harvard Business School, who was essential at various stages of

this project. Professor Wells has not only contributed to our

knowledge of the role of promotion agencies around the world,

but he has also provided us with continuous encouragement. We

also benefited from the comments of Joseph Battat, Frank Sader,

Neil Roger, Joel Bergsman, Dale Weigel, David Bridgman,

Simeon Djankov, Teresa Andaya, and participants at the Annual

Conference of the World Association of Investment Promotion

Agencies (WAIPA) in Geneva on January 22–23, 2003.

Anne Miroux and Alejandro Alvarez contributed to the real￾ization of the survey of about 100 investment promotion agen-