Perrine Toledano

Ana Teresa Tavares-Lehmann

Lise Johnson

Lisa Sachs

Governments often use direct subsidies or tax credits to encourage investment and promote economic growth and other development objectives. Properly designed and implemented, these incentives can advance a wide range of policy objectives (increasing employment, promoting sustainability, and reducing inequality). Yet since design and implementation are complicated, incentives have been associated with rent-seeking and wasteful public spending. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.

Trends and Policy Options

Rethinking Investment Incentives

Peter Robinson

Gary McMahon

Sudeshna Ghosh Banerjee

Zayra Romo

Inés Pérez Arroyo

The mining industry could play a key role in Africa s energy sector, since it requires power in large quantity and reliable quality to run its processes. The integration of mining with power system development, with appropriate risk mitigation mechanisms, could bring a win-win solution to utilities, mines, and people at large.

A Transformative Opportunity for Sub-Saharan Africa

The Power of the Mine

Perrine Toledano

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