In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.'s (2003) model, this study tests whether poor financial market development might be responsible...

This paper investigates the benefits of banks' direct investment in foreign subsidiaries and branches for non-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host countries, rather than for its international...

In our research project “The Global Venture Capital and Private Equity Country Attractiveness Index” we tackle the question where institutional investors should best allocate their venture capital (VC) and private equity (PE) exposure. In this project, we have calculated an index in its...

In March 2013, Eurozone members and the International Monetary Fund offered a €10 billion rescue loan for fellow member Cyprus – representing more than half of its gross domestic product. Bailout would come with conditions, which will weaken Cyprus' traditional role as an offshore financial...

This article intends to answer the following question: Does a corrupt host country receive less or more FDI inflows after controlling for other determinants of FDI location?Our results show that the corruption level in the host country has an adverse effect on FDI inflows: a one-point increase...

Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition economies has increased significantly. Given the role of physical capital accumulation in determining the economic growth rate, it is important to assess how domestic investment...

This paper comments the EU Commission's proposal COM(2012) 335 final for a Regulation establishing a framework for financial responsibility linked to investor-state dispute settlement and on the study by Professor Tietje commissioned by the European Parliament on the subject. The paper starts by...

Since the early 1990s, developing countries have seen a rapid growth in their outward investments. The share of South, East and South-East Asia in global outward FDI has substantially increased in the last two decades. Due to the increasing importance of this region in global outward FDI, this...

This essay aims to examine the flow of foreign direct investment (FDI) from China to Australia by analysing the proposed acquisition of Australian-based mining company Rio Tinto by the Chinese state-owned aluminium producer Chinalco. The proposed deal is illustrative of China's interest in...

Foreign Direct Investment (FDI) in extractive industries (mining and quarrying) is expected to increase dramatically in many developing countries, due to the rising global demand for commodities. One key question for policymakers is whether this form of FDI could help spur investments in other...