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THE ROLE OF INVESTMENT INCENTIVES FOR JOB CREATION IN THE SLOVAK REPUBLIC
Abstract
Investment incentive is one of determinants for attraction of foreign direct investments. Due to relatively identical or uniform conditions, incentive is the instrument for governments to gain some advantage in comparison to other countries. The most proclaimed argument to use incentives is the job creation. These jobs would be not created, if the incentives were not provided for foreign investors. On the other hand, incentives themselves mean expenditures that have to be paid in effort to create such jobs. Thus, these are the cost that the society (government) is willing to pay in order to sustain job creation.
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