Greg Mankiw reports on a proposed alternative to traditional foreign assistance: tax credits to encourage FDI in developing countries.
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Greg Mankiw reports on a proposed alternative to traditional foreign assistance: tax credits to encourage FDI in developing countries.
Trade Diversion 
Eric Werker is a friend of mine, but I’m really not so sure that the Global Tax Credit is a good idea.
http://hdtd.typepad.com/hdtd/2007/10/interlude-globa.html