Earlier quoted context omitted.
I work in government, and I remember a story told to me by a federal official who was involved in the arrest of a former member of congress for bribery. The official told me that, essentially what the congressman did was illegal under federal law, but it was what you had to do in order to "do business" in "those parts of the world." I found that interesting. With what is going on today in the world, between nations c…
While in India once, I ran into a friend from Google who was out there trying to build a data center. Total coincidence that we were both there at the same time. I was there to hire and train for another company and he was there to break ground. He'd been there for week and they'd yet to start doing more than some bare minimums related to surveys and permits. I was surprised that he was there at all, given the curren…
Here in America when you want to accomplish something like open a new facility you basically force the potential municipalities into competing with each other to win your favor.
A big company will go to all the Chambers of Commerce in a given area and basically say "we're considering opening a 100,000 Sq ft facility and hiring 300 people. What incentives can you offer me if I build it here?"
Then the towns will bend over backwards, gut their taxes, ease their planning zones, and basically contort everything they can to become the most appealing location.
Is it just cheaper to skip this step and bribe the city in other parts of the world? Why doesn't this practice work or take place overseas?