Information asymmetries constitute a significant obstacle to capital flows across international borders, and in particular to flows of foreign direct investment (FDI) to emerging markets. Many governments aim to reduce information barriers by engaging in investment promotion activities. Despite...

Multinational production has become increasingly important in recent decades. Countries resort to different industrial policies to influence the geography of this production. In this paper, we focus on a ubiquitous “soft” industrial policy that aims at reducing information barriers -...

Negotiations on the Economic Partnership Agreements between African, Caribbean and Pacific countries and the European Union have not been making much progress recently. How should the Partnership Agreements be structured to ensure a pro-development outcome and how could the negotiations gain...

The aim of this paper is to discuss new trends that have occurred in the policies of the EU and China towards foreign direct investment (FDI), to examine some implications of the EU-China Comprehensive Agreement on Investment (CAI) - which is currently being negotiated - for their bilateral...

Since the mid-twentieth century, the Portuguese economy converged vis-à-vis with the EU average, due to backwardness advantages. At the same time, the dynamic effects of Foreign Direct Investment allowed for a structural shift in exports towards technology-intensive activities. However, in the...