Analysis Of Local Government Misconduct In The Process Of Investment Promotion

Entering the21st century, investment promotion has become an important way of developing local economy for local governments. Economic globalization and its industrial transfer and capital flow have also brought the opportunity for China to undertake industrial transfer and the investment promotion and capital attraction. Local governments at all levels in our country also attach great importance to investment promotion, and take a pivotal position in a long term. Their role and behavior in the process of investment promotion under pressure become a major subject of academic research. The paper takes government investment behavior from the perspective of management and economics with writer’s personal investment promotion experience in YC Economic-technological Development Zone and the problems as well as their corresponding countermeasures under the pressure for analysis. The research content of this paper includes five aspects:Firstly, it discusses the purpose and significance of this thesis, research status at home and abroad, and analyzes the enlightenment of the study, and summarizes the innovation point of this thesis. Secondly, it sorted the thesis framework and analyzed the related theory. Thirdly, it carried on the case analysis which taken "YC Economic-technological Ddevelopment Zone" as an example. Fourthly, it discussed the reasons of local government’s misconducts during investment promotion. Fifthly, it put forward the strategy of regularizing local governments’behavior. Through this comprehensive study on the behavior of local government investment promotion, it mainly explored the cause of behavior anomie and countermeasures, which came to the following conclusions:(1) The cause of the local government behavior anomie in the investment promotion and capital attraction is mainly due to the government’s role in the offside and loss situation, pressure type system, bad competition caused by assessment and promotion mechanism.(2) In order to solve the problem of local government investment behavior anomie as soon as possible, we must adhere to the standard of public service, know clearly the investment goal and direction, perfect system of laws and regulations, improve the performance evaluation, implement investment promotion accountability system, and ensure the sustainability of the investment promotion which can promote local economic sustainable development.