Political Science 2211E Lecture Notes - Lecture 16: Business Cluster, Environmental Policy, Competitive Advantage

• School: Western University
• Department: Political Science
• Course: Political Science 2211E
• Professor: Adam Harmes

Document Summary

Does not refer to the competitiveness of national firms. Due to globalization of production, refers to the ability to attract, retain and promote investment. Free trade creates need for policy competition. Free market policies are pro-business and will attract firms. Policies to promote and attract business as a whole rather than targeting specific sectors. Less red tape: particularly green regulations that raise energy costs. Limit spending by prioritizing goods that attract business: rail, ports, highways, telecomm, utilities, education and training targeted to business needs. De(cid:396)egulate fi(cid:374)a(cid:374)(cid:272)e to p(cid:396)o(cid:448)ide (cid:858)(cid:448)e(cid:374)tu(cid:396)e (cid:272)apital(cid:859) for start ups. Lower taxes for high earners to prevent brain drain. Nothing guarantees that jobs will locate in a particular region or country. Neoli(cid:271)e(cid:396)als (cid:271)elie(cid:448)e if jo(cid:271)s do(cid:374)(cid:859)t (cid:272)o(cid:373)e to (cid:449)o(cid:396)ke(cid:396)s, the(cid:455) (cid:272)a(cid:374) (cid:373)o(cid:448)e to jobs. Views of people as units of production. Attracting jobs with free market policies hurts quality of life.