Touted as an important commitment device that attracts foreign investors, the number of bilateral investment treaties (BITs) ratified by developing countries has grown dramatically. The author tests empirically whether BITs have actually had an important role in increasing the foreign direct investment (FDI) flows to signatory countries. While half of OECD FDI into developing countries by 2000 was covered by a BIT, this increase is accounted for by...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2003/08/31
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Рабочий документ в рамках исследования вопросов политики
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WPS3121
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1
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1
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2010/07/01
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Do bilateral investment treaties attract foreign direct investment? Only a bit - and they could bite
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property right
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