독일의 투자촉진 정책과 정책적 시사점

An Assessment of the Investment Promotion Policy of the Federal Republic of Germany

In this study, the investment promotion policy of the EU was first reviewed, and then the focus of analysis was on the investment promotion policy of the Federal Republic of Germany. Based on a review of EU investment promotion policy, it was determined that EU generally promotes indirect investments, because the competition order would be distorted if the EU promoted only a particular industrial sector. In some special cases, the EU encourages direct investment if the subsidized industries belong to any of these thrusts: environmental protection, R&D, SME promotion, development of underdeveloped regions, which are regarded as priority areas of the EU for investment. With respect to the Federal Republic of Germany, it promotes formally the segments prioritized as well by EU policysuch as agriculture, fisheries, underdeveloped regions, SMEs, environmental protection, R&D. The Federal Republic of Germany used as a means of promoting the following: investment tax incentives, grants, long-term and low interest loans. In the case of the provincial government, investment promotion is used mainly for business attraction to improve the regional economic situation. What is special under the investment promotion policy of Germany, is the investment promotion for companies that go abroad, because the foreign-positioned companies strengthen their competitiveness and create more jobs in Germany.