Toronto, Canada– From September 17-20, 2017 WAIPA Consultative Committee member IEDC hosted its first annual conference outside of the United States. The 2017 Conference focused on how to Connect, Collaborate, and Create at the global level to contribute to the transformation of local, state, and regional economies.
WAIPA CEO Bostjan Skalar had a pleasure to lead the WAIPA panel that focused on Collective Competitive Advantage for FDI. Investments flow in to regions where project success is ensured through sensible regional strategy and where there is room for leveraging linkages and assets through connectivity and innovative approach. Regional collaboration is even more critical in today’s economy where regional competitive advantage attracts investor’s interest. Leaders, policy officials and economic experts seek to address challenges to regional collaboration.
While investment liberalization is making its way in to all policy measures, there are still national considerations and regulations that inhibit inward flows to any country. These regulations protect national interest by denting the regional attractiveness to investors. This session will address the issue by pointing out why today’s global economy demands regional collaboration, what is going to drive or restrict the regional approach and how to overcome challenges to enhanced regional collaboration.