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Are stricter investment rules contagious? : host country competition for foreign direct investment through international agreements

Neumayer, Eric; Nunnenkamp, Peter; Roy, Martin - 2014 - Manuscript date: March 10, 2014

We argue that the trend toward international investment agreements (IIAs) with stricter investment rules is driven by competitive diffusion, namely defensive moves of developing countries concerned about foreign direct investment (FDI) diversion in favor of competing host countries. Accounting...

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