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Investment Incentives in Commonwealth Developed Countries and the WTO Investment Negotiations

image of Investment Incentives in Commonwealth Developed Countries and the WTO Investment Negotiations

This volume contains studies of investment incentives and subsidies available for small businesses, economically disadvantaged or remote areas and indigenous or minority groups in the four developed countries of the Commonwealth. They were commissioned to show the breadth and diversity of such incentives in the developed countries, and, by implication, the diversity of measures that are WTOcompatible, or at least do not infringe – or have not been charged with infringing – the rules on the investment agreed under the GATT 1994 or the GATS.

English

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New Zealand

During the period of economic reform in New Zealand in the late 1980s and early to mid-1990s, provision of government support and incentives for business played little role in government policy. Emphasis was placed on creating a ‘level playing field’ in the belief that this would provide the best framework to encourage the development of businesses that would represent the best use of the country's resources. Subsidies and tax incentives were largely eliminated from the government's policy portfolio.

English

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