China has become the world's third largest outward investor, behind the United States and Japan. A growing body of literature suggests that China's regulatory framework for outward foreign direct investment (OFDI) is a determinant of the country's rising OFDI. This paper presents a holistic...

China has become the world’s third largest outward investor, behind the United States and Japan. A growing body of literature suggests that China’s regulatory framework for outward foreign direct investment (OFDI) is a determinant of the country’s rising OFDI. This paper...

The global community can address the collapse of investment following COVID-19, drive digital transformation, and help achieve the SDGs through five actions: (1) establish a Facility and Fund to provide resources for technical assistance and facilitate private–public collaboration, including...

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...

The challenge to attract FDI to least developed countries (LDCs) is twofold: to help increase FDI flows to LDCs; and to increase the contribution that the FDI flows that LDCs receive make to the development of host economies. Economic determinants, an enabling regulatory framework and investment...

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...

This brief article focusses on three important reasons why an Investment Facilitation for Agreement is important for individual WTO Members and why, therefore, all Members should join the negotiations: it helps countries to retain and attract more and higher quality FDI flows; it constitutes a...

On July 6, 2023, 112 WTO members concluded text negotiations on an Investment Facilitation for Development Agreement. This Perspective outlines its contents, identifies its benefits and suggests further actions that should be taken.