Che, Jiahua; Willmann, Gerald - 2009
regime increases worldwide FDI and raises the world interest rate. Distinguishing three groups of countries, we show that … the single MNE. Under a multilateral agreement, expropriation leads to a joint reaction by all MNEs. Switching to such a … income countries are likely to gain from increased inward FDI, whereas least developed countries lose because they receive …