As our societies face new challenges and make new demands from policies addressing international investment, there is a new urgency to profoundly reconsider treaties addressing investment. This paper was prepared originally as background for initial inter-governmental and public discussions at...

This article analyses constitutional changes and policy consequences concerning the transfer to the supranational level of an external competence in the field of investment resulting from the Treaty on the Functioning of the European Union (TFEU). It states that EU Member States lose their...

We review a large body of literature dealing with the effects of Foreign Direct Investment (FDI) on economies during their transformation from a command economic system toward a market system. We report the results of a meta-analysis based on the literature on externalities from FDI. The studies...

In this paper, we study the impacts of bilateral investment treaties (BITs) between the EU countries and China on EU home investments. We consider BITs as "treatments" that provide further access to global value chains (GVCs). We identify the causal impacts of the BITs on the relationship...

This chapter asks whether the European Union Member States are ready for inward Foreign Direct Investment from the Emerging Markets. It concludes that European Union Member States have relatively open Foreign Direct Investment regimes in the international context, and yet instances of...

In the 1980s, there was a huge increase in the outflow of foreign direct investment from Sweden to the EC. The EC market is the most important for Swedish firms and it is during the last decade that EC has undergone major changes. This paper uses a unique data set on individual Swedish MNCs for...

This paper assesses the main influences on foreign direct investment (FDI) flows between the major economies in the first five years of economic and monetary union (EMU). Using previously unpublished data specially provided by Eurostat, it concludes that the huge wave of FDI that reached the...

The immediate effects of COVID-19 on the global flows of foreign direct investment (FDI) were devastating, resulting in a large drop. Flows to the Visegrad countries were also affected but less than the world average. The fall in FDI was the result of underlying trends that started before the...

The Lisbon Treaty gives the European Union (EU) institutions new external compe-tences, including foreign direct investment (FDI) inthe common trade policy. Using these competences the European Commission formulated aproposal for aregulation establishing the screening framework for FDI, which...

In this paper we investigate the impact of the euro integration process on the drivers of FDI inflows. We show theoretically and empirically that the single currency alters the drivers of FDI inflows across its Member States. Estimating bilateral gravity models of FDI inflows into euro area...