Abstract:
National FDI policies play an important part in attracting FDI, which covering attracting FDI, gaining from FDI, and addressing TNCs. Recent years have seen great changes and developments in national FDI policies, and IIAs with respect to the form and amount as well. IIAs at different levels have their own advantages and disadvantages, therefore, when entering into IIAs, countries have to balance their own benefits and development needs with costs. To a great extend, IIAs supplement national FDI policies, making those of different countries tend to be the same. IIAs provide investors with a more transparent, more stable, more predictable, and safer environment, and an opener environment as well.
Ordering information: This working paper can be ordered from HE Shu-Quan, Department of Economics, International Business and Mangement School, Shanghai University, 99#, ShangDa Road, Baoshan District, Shanghai, 200444 P.R. of China