Dreher, Axel; Mikosch, Heiner; Voigt, Stefan - In: World Development 66 (2015) C, pp. 346-358
We argue that membership in specific international organizations (IOs) is an important determinant of foreign direct investment (FDI) inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal reduced political risk. Using data...