International investment agreements can have detrimental effects for developing countries: they can limit a government's ability to regulate in the public interest where this interest runs counter to that of foreign investors; they can severely restrict a country's ability to enact measures...

Political units often spatially depend in their policy choices on other units. This also holds in dyadic settings where, as in much of international relations research, the focus of the analysis is the pair or dyad of two political units. Yet, with few exceptions, social scientists have analyzed...

Wegen ihres hohen entwicklungspolitischen Stellenwertes ist die Steigerung von Direktinvestitionen als langfristiges Instrument zur Verbesserung der Verschuldenssituation der Länder der Dritten Welt anerkannt. Trotz dieser Erkenntnis blieben die Direktinvestitionen in Richtung der...

The rapid rise in global fragmentation - foreign investment, global supply chains, and 'production sharing' - is fundamentally reshaping the multilateral trading system. This paper uses a simple economic modeling framework to understand how the global fragmentation phenomenon may reshape the...

Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries in private investment. The assessment is based on 38...

This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...