New York, November 11, 2013—Around the world, efforts by national and local governments to attract investment with fiscal, financial, and regulatory incentives have increased dramatically, but how much do we know about the effectiveness of such incentives? Do they help or harm long-term goals for sustainable development? On Nov. 13 and 14, the Vale Columbia Center on Sustainable International Investment at Columbia University will host leading experts on foreign direct investment to discuss these issues and more.
The two-day conference, sponsored by the Vale Columbia Center, a Joint Center of Columbia Law School and The Earth Institute, Columbia University, will include keynote addresses by Jeffrey Sachs, Director of The Earth Institute, and German Rojas, Minister of Finance of Paraguay, and panel discussions and debates with experts from around the world. Other participants include: New York Times reporter Louise Story; government officials from Cameroon, India, the Republic of Mauritius, and Ireland; and leaders from the United Nations, the International Monetary Fund, and the World Trade Organization, among other entities.
The aim of the conference is to advance understanding about the role incentives have played in attracting and retaining foreign direct investment; the policy rationales supporting or discouraging various types of incentives; the strategies that may be more effective at achieving the objectives of host governments; and the potential for future coordinated action on these issues.
Columbia Law School, founded in 1858, stands at the forefront of legal education and of the law in a global society. Columbia Law School combines traditional strengths in corporate law and financial regulation, international and comparative law, property, contracts, constitutional law, and administrative law with pioneering work in intellectual property, digital technology, tax law and policy, national security, human rights, sexuality and gender, and environmental law.