Local authorities in the US have long considered incentives to be a good way of attracting companies to invest in their city or state. But with many local budgets suffering from enormous deficits and a long list of companies that have failed to deliver the level of investment or job creation that was expected of them, is this the best way to spend public money?
Latest articles from USA
Johnson & Johnson takes outsourcing route to business growth
Julia Santos, head of global business optimisation for the Johnson & Johnson Group, explains to Barbara Njau why outsourcing is essential to the company’s business strategy.
Asia's financial centres make presence felt
As the global economic balance of power shifts from west to east, international financial centres in Asia are growing in prominence at the expense of their developed world counterparts. But is this shift a permanent one?
Texas gets to work
With its low-tax, business-first model, Texas has posted jobs numbers that are the envy of the US and solidified its position as an FDI star. Michal Kaczmarski investigates what is behind the Texan swagger.
Setting the benchmark for biotechnology
An fDiIntelligence evaluation into biotech FDI between 2003 and 2011 shows that although the US is the dominant country in the sector, Asian cities lead in attractiveness for projects, competing on both quality and cost.
Report shows cautious optimism among global trade executives for 2012
A report looking at global trade shows that 75% of global trade executives surveyed will spend the more or the same in 2012 as they did in 2011.
Have IPAs finally grown to love social media?
While most investment promotion agencies are yet to define a social media strategy, there is almost unanimous agreement that such a strategy can prove key to investment promotion efforts.
Pennsylvania attracts record levels of investment for 2011
Investment into Pennsylvania hit record levels in 2011 with $5.18bn-worth of deals reported, according to fDiMarkets, with the city of Pittsburgh recording particularly impressive figures.
Who is following the BRICs?
As the BRIC countries – Brazil, Russia, India and China – realise the decade-old prediction that they would become economic superpowers, attention now turns to the global economies that will follow them.
US recovery will slow growth in BRIC economies, says PwC
With strong growth forecast for the US economy in 2012, Brazil, Russia,India and China are expected to see a slowdown in the level of capital entering their economies, according to a report from PricewaterhouseCoopers.
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