Improving the distribution of FDI benefits: The need for policy-oriented research, advice, and advocacy
Karl P. Sauvant ()
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Karl P. Sauvant: Columbia University
Journal of International Business Policy, 2021, vol. 4, issue 2, No 5, 244-261
Abstract This article explores the different ways in which governments can increase the benefits of FDI and manage the relationship between governments and international investors in a mutually beneficial manner. It focusses on three concrete policy fields in which discussions are afoot that bear on this issue, and where opportunities to exercise influence exist: encouraging more sustainable FDI; enhancing the distribution of benefits associated with FDI; and anchoring sustainable FDI, corporate social responsibility, and responsible business conduct in the international investment law and policy regime and, specifically, in the context of the negotiations of an Investment Facilitation Framework for Development at the WTO. These are examples of policy areas that warrant attention, with a view toward scholars seeking to influence the way in which they are tackled, through applied multidisciplinary policy-oriented research, concrete recommendations, and targeted advocacy.
Keywords: FDI policies; sustainable FDI; CSR; international investment agreements; FDI costs and benefits; economic growth and development; linkages; investment facilitation (search for similar items in EconPapers)
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