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This book explores the causes, character, and potential remedies for the growing spatial competition for capital. Its diverse group of contributors present a broad set of workable reforms including: regulation of site consultants; mandated transparency in negotiations, bids, and deals; better structured deals; performance requirements and clawbacks for subsidized firms; and adoption of united economic development budgets. Included are * Institutional and Political Determinants of Incentive Competition, Ann Markusen and Katherine Nesse * The Sources and Processes of Tax and Subsidy Competition, Kenneth P. Thomas * The Fiscal Consequences of Competition for Capital, Peter Fisher * How the EU Manages Subsidy Competition, Adinda Sinnaeve * Solving the Problems of Economic Development Incentives, Timothy J. Bartik * Negotiating the Ideal Deal: Which Local Governments Have the Most Bargaining Leverage? Rachel Weber * Do Better Job Creation Subsidies Hold Real Promise for Business Incentive Reformers? William Schweke * Nine Concrete Ways to Curtail the Economic War among the States, Greg LeRoy.
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