SUMMARY

The proposed research pays attention to the current social situation and tries to find solutions where the investment and development policies meet problems, from a fiscal point of view, taking into consideration the impact on the public expenditure and the institutional organization.

These are the goals in the project:

To study, first separately in each area, the traditionally employed measures to promote investment, both in developed and developing countries.

To add the recent trends in an economic crisis context and the guidelines given by international organizations. In particular, we will focus, respectively, on the incentives to internationalize the economic activity and to attract foreign direct investment.

Once a list is made, related to fiscal issues, followed by a subsequent assessment from the public accountancy and the administrative structure perspective, it will allow correlation to take place more easily between the unilateral measures that each State can implement domestically.

We will propose possible actions to enhance the coherence with the measures adopted in the international arena, having in mind the policies carried out by the States that have strong commercial relations and the current competition at a world level.

Anyway, the pros and cons will be analysed from a public perspective and for the actors in the private sector, considering simultaneously the impact on the economic environment for small and medium enterprises and multinational companies, together with the tax treatment given to NGOs and donors.

To sum it all up, the objective is to improve the rules promoting and proctecting the investments abroad, both in the home and host countries, in order to make them socially responsible, and adapt them to the recent evolution observed in the international economic order.