International trade and investment: the economic rationale for government support
Reviews the economic evidence and analysis for developing the UK Trade & Investment strategy. BIS economics paper number 13.
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Reviews the economic evidence and analysis for developing the UK Trade & Investment strategy ‘Britain open for business’ (URN 11/871). Provides a fresh look at the three essential elements of an economic rationale for government intervention in this area:
- the potential benefits of exporting and inward investment
- where might the dynamic potential of the private sector need to be complemented by government action
- and the lessons from the past on the most cost effective forms of intervention