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Does development aid attract FDI in post-conflict countries? This paper contributes to the growing literature on effects of aid and on determinants of FDI by explaining how development aid in low-information environments is a signal that can attract investment. Before investing abroad, firms...
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A country's abundant natural resources may serve as a curse or a blessing, with the outcome often dependent on prevailing governance structures and experience managing these assets. Despite natural resource advantages, many African countries have failed to transform their enormous economic...
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Two prominent features in current world affairs are the unprecedented levels of global economic integration and the … growing incidence of intrastate violence. We develop and test a novel argument linking foreign direct investment (FDI) to … intrastate armed violence in developing countries. We argue that the entry and presence of multinational corporations causes …
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