With the adoption of the Sustainable Development Goals (SDGs) and the entry into force of the Paris Climate Agreement, the international community has inter alia pledged their commitment to economic development that is consistent with environmental sustainability. This paper focuses on the...

The China-EU comprehensive investment agreement (CAI) addresses important issues of market access, regulatory cooperation and sustainable development, but does not include sections on investment protection and ISDS. The ratification of the CAI could be difficult in the EU. Additional efforts are...

The authors identify several ways in which an investment facilitation framework for development can be insulated from investor-state dispute settlement provisions in international investment agreements, and suggest specific formulations in this respect.

The world needs more "Green FDI" that contributes to environmental objectives, including the reduction of greenhouse gas emissions. Goals have been set by countries and MNEs to reduce emissions. To support meeting these commitments–and encourage additional MNEs to reduce emissions–this...

Investment facilitation is high on the agenda of trade and investment negotiations. This Perspective emphasizes the need for African countries to use investment facilitation as a tool for sustainable development. It also urges African countries to engage actively in discussions regarding...

This Perspective discusses the development and features of China's foreign investment complaint mechanism (FICMs) and highlights China's first national FICM's potential roles as an alternative of investment dispute prevention and settlement, a measure of investment facilitation, and a factor in...

Asian countries should enhance regional investment facilitation rulemaking despite their diverse level of development. This Perspective discusses the various courses of action Asian countries could take to improve regional investment facilitation rulemaking and the major challenges they face.

Firms exhibit heterogeneity in size, productivity, and internal structure, and this is true even within the same industry. It has been thought since the time of Adam Smith that a firm's internal structure affects its productivity through the channel of gains from specialization. Our paper...

OFDI can increasingly serve as an additional channel for countries to achieve their development goals. This Perspective proposes a six-step framework to help policymakers think through how best to facilitate, support and promote OFDI to maximize the benefits for the home economy.

Outward FDI policy can be understood as progressing down a path that informs the growing selection of home-country measures (HCMs), which can be used to both leverage existing and develop new capacity. The Product Space can help select HCMs to target goods and services that are slightly more...