Best practices in investment promotion
An overview of regional state aid and special economic zones in Europe
This paper assesses good practices and lessons learned in investment promotion in
European Union (EU) Member States. It focuses on two specific areas of investment
promotion: state aid for regional development under EU law and special economic zone
frameworks. It provides an overview of the concept of state aid and compatibility
of regional aid with the internal market, as well as lessons learned from the case
law determining the existence of state aid in regional development measures. It also
outlines the calculation of the gross grant equivalent of state aid. The paper explores
special economic zone policies, identifies success factors and describes the complementary
framework conditions to maximise their spillover effects on local economic development.
Published on March 27, 2023
In series:OECD Business and Finance Policy Papersview more titles