Government-held equity in foreign investment projects: Good for host countries?

Louis T. Wells

No 114, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: Host governments have often sought some equity in mining and other foreign investment projects, but as shareholders they have rarely gained what they anticipated. Only in special cases might the benefits to governments outweigh the risks and often unanticipated costs governments encounter.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:colfdi:114

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