Infrastructural assets are vital for a country’s economic and social development. Governments typically provide the regulation and administration of these assets, while multinational enterprises (MNEs) develop, construct, finance, and operate them. The Belt and Road Initiative (BRI) promises...

This paper provides an initial qualitative assessment of the impact of China’s Outward Foreign Direct Investment on local workers and firms in Cambodia and Vietnam. Based on interviews with 60 Chinese investors plus further interviews with other foreign investors and domestically owned firms...

The COVID-19 pandemic has revealed vulnerabilities and fragilities in global value chains. The worldwide economic lockdowns to contain COVID-19 have led in some industries to unilateral cancellations and suspensions of orders from overseas suppliers by transnational corporations (TNCs). These...