Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the … face the threat of expropriation. Using a novel dataset on worldwide expropriations of FDI over the 1990-2014 period, we … find a positive relationship between the extent of foreign investor protections and the likelihood of expropriation when a …

This paper examines two major risks to foreign investors: default on sovereign debt and expropriation of foreign direct … of punishments for default and expropriation. We then document patterns of sovereign theft and foreign investment across …

indirect expropriation or not, have been able to develop and apply the police power doctrine in a uniform manner? This inquiry … cases where the doctrine of police power was referred by the parties or used for disputes, related to indirect expropriation …

This Paper considers the incentives for foreign direct investment in transformation countries if actual expropriation … threats of complete expropriation and of repeated period-revenue confiscation. The Paper also shows that the timing of efforts …

. Compensation rules such as expropriation clauses in international treaties help solve post-investment moral hazard problems such as …-out from the definition of compensable expropriation can be Pareto-improving and can increase the level of foreign investment. …