This contribution to a Festschrift for Dr. SKB Asante, the leading in-house expert on matters related to investment policy-making at the United Nations Centre on Transnational Corporations, discusses a number of issues related to investment policy-making at the national and international levels...

This Perspective suggests that, to assess the competitiveness of a country's firms, one needs not only to look at exports, but also the sales of their foreign affiliates (“establishment trade”). It exemplifies this for the China-US trade relationship and balance-of-payments. Taking such a...