The increased economic globalization has resulted in multinational enterprises (MNE's) making huge investments in the shape of foreign direct investment (FDI). The inflow of such FDI is perceived to be generating employment opportunities in the host country economy. Therefore, different countries have been offering different incentives in order to attract these multinational firms to do business in the country. United States state of Alabama provided incentive to attract new Mercedes plant in 1994 and spent US$150,000 per each job created in the process (Keller and Yeaple, 2004). The Czech...
The increased economic globalization has resulted in multinational enterprises (MNE's) making huge investments in the shape of foreign direct investme...