This chapter looks at the considerations that shaped the negotiations of a United Nations Code of Conduct on Transnational Corporations and at the search for balance in international investment rules, considerations that have since then continued to inform efforts to establish an international...

While virtually all countries have policies in place to attract FDI, the picture is very different for outward investment. Most developed countries have policies in place, but most emerging markets do not. This Perspective argues that, to remain competitive, governments of emerging markets must...

With US$84 billion of outward foreign direct investment (OFDI) flows, China became the world's third-largest outward investor in 2012, behind the United States and Japan. This signals impressive progress given that the country ranked only 20th a decade ago, when the ‘going global' policy was...