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Selected Works

2004

FDI

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Full-Text Articles in Law

Legal Systems As A Determinant Of Fdi In South Asia, Maurya Vijay Chandra Apr 2004

Legal Systems As A Determinant Of Fdi In South Asia, Maurya Vijay Chandra

Maurya Vijay Chandra

systems are an important factor affecting the location of foreign direct investment (FDD; that predictable and efficient legal systems are the most effective in attracting FDI; and that efficiency and predictability are, in the opinion of investors, best achieved by adopting a 'western-style' legal system in which government and bureaucratic discretion are limited, laws are enforced consistently, corruption is low and the judiciary and bureaucracy are independent from politicians.