regime increases worldwide FDI and raises the world interest rate. Distinguishing three groups of countries, we show that … income countries are likely to gain from increased inward FDI, whereas least developed countries lose because they receive … less FDI. Our results explain the stylized fact that a multilateral investment agreement was opposed by least developed …

direct investment (FDI) in a given host country is moderated significantly, and even in some cases eliminated, when MNEs have … been faced with poor institutional quality at home. -- South-South FDI ; public governance ; institutions …

many countries. This study presents evidence suggesting that attracting inflows of FDI offers potential for upgrading a … sectors treated by investment promotion agencies as priority in their efforts to attract FDI. The sample covers 116 countries … over the period 1984-2000. The findings are consistent with a positive effect of FDI on unit values of exports in …

We provide an alternative explanation for the commonly observed FDI in developed countries (DCs) considering a …. Moreover, we show that a multinational sometimes locates its FDI in a DC where, although downstream competition is stronger … less developed, FDI is always welfare-enhancing. …

The governments of many developing countries seek to attract inbound foreign direct investment (FDI) through the use of … country taxation. We analyse the impact of tax sparing provisions using panel data on bilateral FDI stocks from 23 OECD … higher FDI. The estimated effect is concentrated in the year that tax sparing comes into force and the subsequent years, with …

internal debt, a number of developing countries do not. In this paper, we analyze the effect on FDI and host country welfare of … capitalization limits may be needed in developing countries to attract FDI, the amount of debt financing allowed by the permissive …