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What are the main issues and policy implications facing SMEs? This summary of a workshop held in Washington on their role in creating jobs, promoting economic growth and innovation, lays bare the major issues.
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The United States has become the largest recipient of foreign direct investment (FDI) in the world ($60 billion in 1994). What are the policy implications? Has the openness of foreign markets to US firms affected FDI in the United States? What implications do US national security provisions have for foreign investors? These issues were examined during the last OECD FDI review of the United States and this publication presents the
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Norway's accession to the European Economic Area has led to important liberalisation measures that help integrate it into Europe. Uniform procedures are now in place for reviewing investments notified by Norwegian and foreign investors alike. Restrictions on foreign acquisition of real estate have been largely eliminated. This report analyses trends and policies of foreign direct investment in Norway. While complimenting the Norwegian
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Analysing trends and policies of foreign direct investment in Finland, this report concludes that national apprehension about it is now a thing of the past. In recent years, Finland has made considerable progress in removing discriminatory regulations against foreign investors. The desire to foster integration into the European Economic Area and the European Communities has boosted this process. No longer the outpost it once was,
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Denmark's foreign direct investment (FDI) laws and regulations are generally characterised by openness and non-discrimination. However, FDI in Denmark remains low relative to other OECD countries of comparable size. The Danish government has focused its efforts on improving the general conditions for investment, reducing structural barriers to market access, and making the country better known to foreign investors. Significant headway
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Italy, which has progressively removed the obstacles to free movement of capital in the 1980s, has experienced substantial inflows of foreign direct investment. At the same time, Italian enterprises considerably reinforced their foreign presence. Under the combined effect of in- and outflow of direct investment, Italy strengthened economic ties with OECD countries, most particularly with partners in the European Union. This
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Over the past few years, Greece has been positioning itself to become a more attractive prospect for foreign investors. These efforts to improve the foreign direct investment climate further are important, particularly if the trend towards rationalising the public sector is to be effectively pursued. This publication examines Greece's policies on foreign direct investment and the role played by foreign investment in the Greek economy.
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With one of the OECD's smallest and most open economies, Ireland welcomes foreign direct investment (FDI) and offers grants and tax incentives to attract investors. Direct investment plays a unique role in the Irish economy, accounting for a larger part of its manufacturing output, employment and exports than in most other OECD countries. Still, the cost of attracting foreign investment has come under greater scrutiny and questions
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Foreign direct investment (FDI) in Portugal has soared since the mid-1980s. Today, foreign enterprises constitute an important source of employment and exports in Portugal. The Portuguese government has taken a number of important steps to open its economy to foreign direct investment by removing a wide range of sectoral restrictions, replacing a cumbersome prior authorisation system with a streamlined prior notification system, and
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August 1993. This publication seeks to add to the understanding of the problems which policy makers of Central and Eastern European Countries (CEECs) face in designing and implementing exchange control policies.